Aeon Acquisition I Corp. (AESPW) Warrant

NASDAQPre-merger SPAC warrantstrike $11.501 share per warrantupdated 2026-10-05

Each AESPW warrant gives the holder the right to buy 1 share of Aeon Acquisition I Corp. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $9.99, below the strike, so the warrant is out of the money. Aeon Acquisition I Corp. has a market value of about $61.55M. Aeon Acquisition I Corp. is a SPAC (no deal announced yet). It must complete a deal by June 4, 2027 or the warrants expire worthless. There are 14.38M listed warrants; exercising all of them would add 233.3% to the 6.16M shares outstanding.

Warrant price
$0.0600
last close
AESP share price
$9.99
87% of strike
Market cap
$61.55M
6.16M shares
Deadline to close a deal
246 days
2027-06-04
Dilution if exercised
233.3%
14.38M warrants

Key terms

Strike per share
$11.50
Shares per warrant
1
Cash to exercise one warrant
$11.50
Expiry
merger + 5 years
Redemption trigger
$18.00
Cashless exercise
allowed
Break-even stock price
$11.56

From the issuer's S-1/A (2026-05-18).

Company and stock

Company
Aeon Acquisition I Corp.
Underlying stock
AESP
Share price
$9.99
Market cap
$61.55M
Shares outstanding
6.16M
Range since Jul 2026
$9.86 – $9.99
Change since Jul 2026
+1%
Value of all listed warrants
$862.50K (1.4% of market cap)
Industry
Blank check company (SPAC)
Head office
Miami, FL
Incorporated in
Cayman Islands

Market cap is the last share price times shares outstanding (as of 2025-12-31). Industry and head office are as the company reports them to the SEC. All SEC filings for this company.

Model value vs price Pro

Model value
Last price
$0.0600
Price / model

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Dilution

Shares outstanding
6.16M
Listed warrants
14.38M
Dilution if all exercised
233.3%

Warrant count from filing notes, read by hand (high): Public Warrants (one warrant per Public Unit).

SPAC deal

Status
no deal announced yet
Target
—
Deal announced
—
Deadline
2027-06-04
Latest possible deadline
2027-12-04
Trust per share
$10.03
Sponsor
Aeon Acquisition Partners I LLC
Sponsor's earlier SPACs
0 (0 closed a deal)
Chance of a deal

A SPAC warrant is worth nothing if no deal closes by the deadline.

Filings and events

Questions about AESPW

When does the AESPW warrant expire?

Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.

What is the strike price of AESPW?

$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.

How many AESPW warrants are outstanding?

14.38M listed warrants, equal to 233.3% dilution if all are exercised.

Related warrants

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