enGene Therapeutics Inc. (ENGNW) Warrant
Each ENGNW warrant gives the holder the right to buy 1 share of enGene Therapeutics Inc. at $11.50 per share, until October 31, 2028. The stock last closed at $1.94, below the strike, so the warrant is out of the money. enGene Therapeutics Inc. has a market value of about $130.01M. There are 8.55M listed warrants; exercising all of them would add 12.8% to the 67.02M 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
- 2028-10-31
- Redemption trigger
- $18.00
- Cashless exercise
- no
- Break-even stock price
- $11.70
From the issuer's S-1/A (2024-02-27).
Company and stock
- Company
- enGene Therapeutics Inc.
- Underlying stock
- ENGN
- Share price
- $1.94
- Market cap
- $130.01M
- Shares outstanding
- 67.02M
- 12-month range
- $1.44 – $12.17
- 12-month change
- -74%
- Value of all listed warrants
- $1.71M (1.3% of market cap)
- Industry
- Biological Products, (No Diagnostic Substances)
- Head office
- Saint-Laurent
- Incorporated in
- Canada (Federal Level)
Market cap is the last share price times shares outstanding (as of 2026-09-02). 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
- $0.2001
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Dilution
- Shares outstanding
- 67.02M
- Listed warrants
- 8.55M
- Dilution if all exercised
- 12.8%
Warrant count from XBRL (single class reported).
Filings and events
Questions about ENGNW
When does the ENGNW warrant expire?
ENGNW expires on October 31, 2028.
What is the strike price of ENGNW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can enGene Therapeutics Inc. redeem the ENGNW 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 ENGNW warrants are outstanding?
8.55M listed warrants, equal to 12.8% dilution if all are exercised.
Related warrants
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