flyExclusive, Inc. (FLYX.W) Warrant
Each FLYX.W warrant gives the holder the right to buy 1 share of flyExclusive, Inc. at $11.50 per share, until December 27, 2028. The stock last closed at $1.25, below the strike, so the warrant is out of the money. flyExclusive, Inc. has a market value of about $62.41M. There are 7.07M listed warrants; exercising all of them would add 14.2% to the 49.93M 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
- 2028-12-27
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.65
From the issuer's S-1/A (2024-11-26).
Company and stock
- Company
- flyExclusive, Inc.
- Underlying stock
- FLYX
- Share price
- $1.25
- Market cap
- $62.41M
- Shares outstanding
- 49.93M
- 12-month range
- $1.10 – $7.23
- 12-month change
- -70%
- Value of all listed warrants
- $1.06M (1.7% of market cap)
- Industry
- Air Transportation, Nonscheduled
- Head office
- Kinston, NC
- Incorporated in
- Delaware
Market cap is the last share price times shares outstanding (as of 2026-06-30). 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
- $0.1498
- Price / model
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Dilution
- Shares outstanding
- 49.93M
- Listed warrants
- 7.07M
- Dilution if all exercised
- 14.2%
Warrant count from filing text: public warrants.
Filings and events
Questions about FLYX.W
When does the FLYX.W warrant expire?
FLYX.W expires on December 27, 2028.
What is the strike price of FLYX.W?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can flyExclusive, Inc. redeem the FLYX.W 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 FLYX.W warrants are outstanding?
7.07M listed warrants, equal to 14.2% dilution if all are exercised.
Related warrants
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