Forafric Global PLC (AFRIW) Warrant
Each AFRIW warrant gives the holder the right to buy 1 share of Forafric Global PLC at $11.50 per share, until June 9, 2027. The stock last closed at $11.24, below the strike, so the warrant is out of the money. Forafric Global PLC has a market value of about $302.55M. There are 11.46M listed warrants; exercising all of them would add 42.6% to the 26.92M shares outstanding. The company can call the warrants if the stock trades at or above $16.50.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2027-06-09
- Redemption trigger
- $16.50
- Cashless exercise
- allowed
- Break-even stock price
- $12.88
From the issuer's F-1/A (2022-08-17).
Company and stock
- Company
- Forafric Global PLC
- Underlying stock
- AFRI
- Share price
- $11.24
- Market cap
- $302.55M
- Shares outstanding
- 26.92M
- 12-month range
- $8.54 – $11.30
- 12-month change
- +29%
- Value of all listed warrants
- $15.82M (5.2% of market cap)
- Industry
- Grain Mill Products
- Head office
- Gibraltar
- Incorporated in
- Gibraltar
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
- $1.38
- Price / model
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Dilution
- Shares outstanding
- 26.92M
- Listed warrants
- 11.46M
- Dilution if all exercised
- 42.6%
Warrant count from filing iXBRL: PublicWarrantsMember.
Filings and events
- Terms source: F-1/A
- Merger closed; the warrants became warrants of the combined company
Questions about AFRIW
When does the AFRIW warrant expire?
AFRIW expires on June 9, 2027.
What is the strike price of AFRIW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Forafric Global PLC redeem the AFRIW warrants early?
Yes. The company can call them if the share price reaches $16.50 for the required period (usually 20 of 30 trading days).
How many AFRIW warrants are outstanding?
11.46M listed warrants, equal to 42.6% dilution if all are exercised.
Related warrants
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