Alpha Tau Medical Ltd. (DRTSW) Warrant
Each DRTSW warrant gives the holder the right to buy 1 share of Alpha Tau Medical Ltd. at $11.50 per share, until March 7, 2027. The stock last closed at $14.77, above the strike, so the warrant is in the money. Alpha Tau Medical Ltd. has a market value of about $1.30B. There are 5.35M listed warrants; exercising all of them would add 6.1% to the 88.01M 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
- 2027-03-07
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $15.55
From the issuer's F-1/A (2022-05-03).
Company and stock
- Company
- Alpha Tau Medical Ltd.
- Underlying stock
- DRTS
- Share price
- $14.77
- Market cap
- $1.30B
- Shares outstanding
- 88.01M
- 12-month range
- $3.47 – $15.50
- 12-month change
- +238%
- Value of all listed warrants
- $21.68M (1.7% of market cap)
- Industry
- Surgical & Medical Instruments & Apparatus
- Head office
- Jerusalem, Israel
- Incorporated in
- Israel
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
- $4.05
- Price / model
Pro will show whether DRTSW is cheap or rich against our model. It is not open yet. Leave your email to hear when it is.
Dilution
- Shares outstanding
- 88.01M
- Listed warrants
- 5.35M
- Dilution if all exercised
- 6.1%
Warrant count from XBRL (single class reported).
Filings and events
Questions about DRTSW
When does the DRTSW warrant expire?
DRTSW expires on March 7, 2027.
What is the strike price of DRTSW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Alpha Tau Medical Ltd. redeem the DRTSW 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 DRTSW warrants are outstanding?
5.35M listed warrants, equal to 6.1% dilution if all are exercised.
Related warrants
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