Instinct Bio Technical Company Holdings Inc. (BIOTW) Warrant
Each BIOTW warrant gives the holder the right to buy 1 share of Instinct Bio Technical Company Holdings Inc. at $11.50 per share, until February 15, 2027. The stock last closed at $0.34, below the strike, so the warrant is out of the money. Instinct Bio Technical Company Holdings Inc. has a market value of about $9.79M. There are 14.38M listed warrants; exercising all of them would add 49.9% to the 28.79M 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
- 2027-02-15
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.52
From the issuer's 424B3 (2026-03-05).
Company and stock
- Company
- Instinct Bio Technical Company Holdings Inc.
- Underlying stock
- BIOT
- Share price
- $0.34
- Market cap
- $9.79M
- Shares outstanding
- 28.79M
- Range since Jul 2026
- $0.34 – $15.50
- Change since Jul 2026
- -98%
- Value of all listed warrants
- $241.50K (2.5% of market cap)
- Industry
- Perfumes, Cosmetics & Other Toilet Preparations
- Head office
- Tokyo
- Incorporated in
- Cayman Islands
Market cap is the last share price times shares outstanding (as of 20-F 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
- $0.0168
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Dilution
- Shares outstanding
- 28.79M
- Listed warrants
- 14.38M
- Dilution if all exercised
- 49.9%
Warrant count from filing notes, read by hand (medium): Public Warrants (ex-Relativity Acquisition Corp, assumed by Pubco).
Filings and events
Questions about BIOTW
When does the BIOTW warrant expire?
BIOTW expires on February 15, 2027.
What is the strike price of BIOTW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Instinct Bio Technical Company Holdings Inc. redeem the BIOTW 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 BIOTW warrants are outstanding?
14.38M listed warrants, equal to 49.9% dilution if all are exercised.
Related warrants
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