Critical Metals Corp. (CRMLW) Warrant
Each CRMLW warrant gives the holder the right to buy 1 share of Critical Metals Corp. at $11.50 per share, until February 27, 2029. The stock last closed at $7.03, below the strike, so the warrant is out of the money. Critical Metals Corp. has a market value of about $1.03B. There are 7.66M listed warrants; exercising all of them would add 5.2% to the 146.99M 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
- 2029-02-27
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $13.81
From the issuer's F-1/A (2024-05-17).
Company and stock
- Company
- Critical Metals Corp.
- Underlying stock
- CRML
- Share price
- $7.03
- Market cap
- $1.03B
- Shares outstanding
- 146.99M
- 12-month range
- $5.13 – $29.97
- 12-month change
- -1%
- Value of all listed warrants
- $17.73M (1.7% of market cap)
- Industry
- Metal Mining
- Head office
- West Leederville, Australia
- Incorporated in
- Virgin Islands, British
Market cap is the last share price times shares outstanding (as of 2026-06-30). 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
- $2.31
- Price / model
Pro will show whether CRMLW is cheap or rich against our model. It is not open yet. Leave your email to hear when it is.
Dilution
- Shares outstanding
- 146.99M
- Listed warrants
- 7.66M
- Dilution if all exercised
- 5.2%
Warrant count from filing notes, read by hand (high): Public Warrants / Listed warrants ($11.50 exp. 27/2/2029).
Filings and events
Questions about CRMLW
When does the CRMLW warrant expire?
CRMLW expires on February 27, 2029.
What is the strike price of CRMLW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Critical Metals Corp. redeem the CRMLW 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 CRMLW warrants are outstanding?
7.66M listed warrants, equal to 5.2% dilution if all are exercised.
Related warrants
Get an email when alerts for CRMLW open
Alerts and Pro are not open yet. Leave your email and we will tell you when you can follow CRMLW.