DEFSEC Technologies Inc. (DFSCW) Warrant
Each DFSCW warrant gives the holder the right to buy 1/210 share of DEFSEC Technologies Inc. at $1,050 per share, until December 9, 2027. The stock last closed at $1.11, below the strike, so the warrant is out of the money. DEFSEC Technologies Inc. has a market value of about $1.55M. There are 2.50M listed warrants; exercising all of them would add 0.8% to the 1.40M shares outstanding.
Key terms
- Strike per share
- $1,050
- Shares per warrant
- 1/210
- Cash to exercise one warrant
- $5.00
- Expiry
- 2027-12-09
- Redemption trigger
- none stated
- Cashless exercise
- no
- Break-even stock price
- $1,053
From the issuer's F-1/A (2024-10-28).
Company and stock
- Company
- DEFSEC Technologies Inc.
- Underlying stock
- DFSC
- Share price
- $1.11
- Market cap
- $1.55M
- Shares outstanding
- 1.40M
- 12-month range
- $1.06 – $5.25
- 12-month change
- -71%
- Value of all listed warrants
- $38.75K (2.5% of market cap)
- Industry
- Services: Prepackaged Software
- Head office
- Ottawa
- Incorporated in
- British Columbia, Canada
Market cap is the last share price times shares outstanding (as of 20-F 2025-). 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
- $0.0155
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Dilution
- Shares outstanding
- 1.40M
- Listed warrants
- 2.50M
- Dilution if all exercised
- 0.8%
Warrant count from filing notes, read by hand (medium): U.S. IPO Warrants (Dec 2022, 210 warrants per share, US$5.00/warrant).
Filings and events
Questions about DFSCW
When does the DFSCW warrant expire?
DFSCW expires on December 9, 2027.
What is the strike price of DFSCW?
$1,050 per share; each warrant converts into 1/210 share, so exercising one warrant costs $5.00.
Can DEFSEC Technologies Inc. redeem the DFSCW warrants early?
The source filing we read lists no stock-price redemption trigger.
How many DFSCW warrants are outstanding?
2.50M listed warrants, equal to 0.8% dilution if all are exercised.
Related warrants
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