Hadron Energy, Inc. (HDRNW) Warrant
Each HDRNW warrant gives the holder the right to buy 1 share of Hadron Energy, Inc. at $11.50 per share, until May 22, 2031. The stock last closed at $1.24, below the strike, so the warrant is out of the money. Hadron Energy, Inc. has a market value of about $88.66M. There are 20.00M listed warrants; exercising all of them would add 28.0% to the 71.50M 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
- 2031-05-22
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.64
From the issuer's S-1/A (2024-08-22).
Company and stock
- Company
- Hadron Energy, Inc.
- Underlying stock
- HDRN
- Share price
- $1.24
- Market cap
- $88.66M
- Shares outstanding
- 71.50M
- 12-month range
- $1.24 – $11.72
- 12-month change
- -88%
- Value of all listed warrants
- $2.80M (3.2% of market cap)
- Industry
- Electric Services
- Head office
- San Francisco, CA
- Incorporated in
- Delaware
Market cap is the last share price times shares outstanding (as of 2026-08-10). 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
- $0.1399
- Price / model
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Dilution
- Shares outstanding
- 71.50M
- Listed warrants
- 20.00M
- Dilution if all exercised
- 28.0%
Warrant count from filing iXBRL: PublicWarrantsMember.
Filings and events
- Merger closed; the warrants became warrants of the combined company
- Terms source: S-1/A
Questions about HDRNW
When does the HDRNW warrant expire?
HDRNW expires on May 22, 2031.
What is the strike price of HDRNW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Hadron Energy, Inc. redeem the HDRNW 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 HDRNW warrants are outstanding?
20.00M listed warrants, equal to 28.0% dilution if all are exercised.
Related warrants
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