EQV Ventures Acquisition Corp. II (EVAC.W) Warrant
Each EVAC.W warrant gives the holder the right to buy 1 share of EQV Ventures Acquisition Corp. II at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.31, below the strike, so the warrant is out of the money. EQV Ventures Acquisition Corp. II has a market value of about $602.60M. EQV Ventures Acquisition Corp. II is a SPAC (no deal announced yet). It must complete a deal by July 3, 2027 or the warrants expire worthless. There are 15.33M listed warrants; exercising all of them would add 26.2% to the 58.45M shares outstanding.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.76
From the issuer's S-1 (2025-06-10).
Company and stock
- Company
- EQV Ventures Acquisition Corp. II
- Underlying stock
- EVAC
- Share price
- $10.31
- Market cap
- $602.60M
- Shares outstanding
- 58.45M
- 12-month range
- $9.93 – $10.32
- 12-month change
- +4%
- Value of all listed warrants
- $3.99M (0.7% of market cap)
- Industry
- Blank check company (SPAC)
- Head office
- Park City, UT
- Incorporated in
- Cayman Islands
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). 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
- $0.2600
- Price / model
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Dilution
- Shares outstanding
- 58.45M
- Listed warrants
- 15.33M
- Dilution if all exercised
- 26.2%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-07-03
- Latest possible deadline
- —
- Trust per share
- $10.36
- Sponsor
- EQV Ventures Sponsor II LLC
- Sponsor's earlier SPACs
- 1 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about EVAC.W
When does the EVAC.W warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of EVAC.W?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many EVAC.W warrants are outstanding?
15.33M listed warrants, equal to 26.2% dilution if all are exercised.
Related warrants
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