JAB Acquisition Corp I (ATLQW) Warrant

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

Each ATLQW warrant gives the holder the right to buy 1 share of JAB Acquisition Corp I at $11.50 per share, for five years after the company completes its merger. The stock last closed at $9.97, below the strike, so the warrant is out of the money. JAB Acquisition Corp I has a market value of about $283.77M. JAB Acquisition Corp I is a SPAC (no deal announced yet). It must complete a deal by June 11, 2027 or the warrants expire worthless. There are 17.51M listed warrants; exercising all of them would add 61.5% to the 28.46M shares outstanding.

Warrant price
$0.0400
last close
ATLQ share price
$9.97
87% of strike
Market cap
$283.77M
28.46M shares
Deadline to close a deal
253 days
2027-06-11
Dilution if exercised
61.5%
17.51M 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
no
Break-even stock price
$11.54

From the issuer's S-1/A (2026-05-29).

Company and stock

Company
JAB Acquisition Corp I
Underlying stock
ATLQ
Share price
$9.97
Market cap
$283.77M
Shares outstanding
28.46M
Range since Aug 2026
$9.90 – $9.99
Change since Aug 2026
+1%
Value of all listed warrants
$700.40K (0.2% of market cap)
Industry
Blank check company (SPAC)
Head office
Englewood Cliffs, NJ

Market cap is the last share price times shares outstanding (as of 10-Q 2026-). 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
$0.0400
Price / model

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Dilution

Shares outstanding
28.46M
Listed warrants
17.51M
Dilution if all exercised
61.5%

Warrant count from XBRL (single class reported).

SPAC deal

Status
no deal announced yet
Target
—
Deal announced
—
Deadline
2027-06-11
Latest possible deadline
2027-12-11
Trust per share
$10.02
Sponsor
JAB Acquisition Sponsor 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 ATLQW

When does the ATLQW 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 ATLQW?

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

How many ATLQW warrants are outstanding?

17.51M listed warrants, equal to 61.5% dilution if all are exercised.

Related warrants

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