Estrella Immunopharma, Inc. (ESLAW) Warrant
Each ESLAW warrant gives the holder the right to buy 1 share of Estrella Immunopharma, Inc. at $11.50 per share, until September 29, 2028. The stock last closed at $0.47, below the strike, so the warrant is out of the money. Estrella Immunopharma, Inc. has a market value of about $20.36M. There are 2.21M listed warrants; exercising all of them would add 5.1% to the 43.50M shares outstanding. The company can call the warrants if the stock trades at or above $16.50.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2028-09-29
- Redemption trigger
- $16.50
- Cashless exercise
- allowed
- Break-even stock price
- $11.57
From the issuer's S-1/A (2026-01-16).
Company and stock
- Company
- Estrella Immunopharma, Inc.
- Underlying stock
- ESLA
- Share price
- $0.47
- Market cap
- $20.36M
- Shares outstanding
- 43.50M
- 12-month range
- $0.43 – $3.05
- 12-month change
- -65%
- Value of all listed warrants
- $146.63K (0.7% of market cap)
- Industry
- Biological Products, (No Diagnostic Substances)
- Head office
- Emeryville, CA
Market cap is the last share price times shares outstanding (as of 2026-08-11). 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
- $0.0662
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Dilution
- Shares outstanding
- 43.50M
- Listed warrants
- 2.21M
- Dilution if all exercised
- 5.1%
Warrant count from filing iXBRL: PublicWarrantsMember.
Filings and events
- Terms source: S-1/A
- Merger closed; the warrants became warrants of the combined company
Questions about ESLAW
When does the ESLAW warrant expire?
ESLAW expires on September 29, 2028.
What is the strike price of ESLAW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Estrella Immunopharma, Inc. redeem the ESLAW warrants early?
Yes. The company can call them if the share price reaches $16.50 for the required period (usually 20 of 30 trading days).
How many ESLAW warrants are outstanding?
2.21M listed warrants, equal to 5.1% dilution if all are exercised.
Related warrants
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