Webull Corporation (BULLW) Warrant
Each BULLW warrant gives the holder the right to buy 1 share of Webull Corporation at $11.50 per share, until April 10, 2030. The stock last closed at $7.34, below the strike, so the warrant is out of the money. Webull Corporation has a market value of about $3.85B. There are 9.68M listed warrants; exercising all of them would add 1.8% to the 524.57M 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
- 2030-04-10
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $13.72
From the issuer's F-1/A (2025-05-08).
Company and stock
- Company
- Webull Corporation
- Underlying stock
- BULL
- Share price
- $7.34
- Market cap
- $3.85B
- Shares outstanding
- 524.57M
- 12-month range
- $4.63 – $14.38
- 12-month change
- -48%
- Value of all listed warrants
- $21.48M (0.6% of market cap)
- Industry
- Security Brokers, Dealers & Flotation Companies
- Head office
- St. Petersburg, FL
- 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
- $2.22
- Price / model
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Dilution
- Shares outstanding
- 524.57M
- Listed warrants
- 9.68M
- Dilution if all exercised
- 1.8%
Warrant count from filing iXBRL: PublicWarrantsMember.
Filings and events
Questions about BULLW
When does the BULLW warrant expire?
BULLW expires on April 10, 2030.
What is the strike price of BULLW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Webull Corporation redeem the BULLW 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 BULLW warrants are outstanding?
9.68M listed warrants, equal to 1.8% dilution if all are exercised.
Related warrants
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