Baird Medical Investment Holdings Ltd (BDMDW) Warrant
Each BDMDW warrant gives the holder the right to buy 1 share of Baird Medical Investment Holdings Ltd at $11.50 per share, until October 1, 2029. The stock last closed at $0.75, below the strike, so the warrant is out of the money. Baird Medical Investment Holdings Ltd has a market value of about $30.78M. There are 11.50M listed warrants; exercising all of them would add 28.1% to the 40.98M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2029-10-01
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.53
From the issuer's F-1/A (2025-12-05).
Company and stock
- Company
- Baird Medical Investment Holdings Ltd
- Underlying stock
- BDMD
- Share price
- $0.75
- Market cap
- $30.78M
- Shares outstanding
- 40.98M
- 12-month range
- $0.74 – $3.44
- 12-month change
- -65%
- Value of all listed warrants
- $346.15K (1.1% of market cap)
- Industry
- Surgical & Medical Instruments & Apparatus
- Head office
- Sheung Wan
- 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
- $0.0301
- Price / model
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Dilution
- Shares outstanding
- 40.98M
- Listed warrants
- 11.50M
- Dilution if all exercised
- 28.1%
Warrant count from filing notes, read by hand (high): Assumed Public Warrants (ex-ExcelFin Acquisition Corp).
Filings and events
- Terms source: F-1/A
- Merger closed; the warrants became warrants of the combined company
Questions about BDMDW
When does the BDMDW warrant expire?
BDMDW expires on October 1, 2029.
What is the strike price of BDMDW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Baird Medical Investment Holdings Ltd redeem the BDMDW warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many BDMDW warrants are outstanding?
11.50M listed warrants, equal to 28.1% dilution if all are exercised.
Related warrants
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