Hertz Global Holdings, Inc (HTZWW) Warrant
Each HTZWW warrant gives the holder the right to buy 1.014 shares of Hertz Global Holdings, Inc at $13.61 per share, until June 30, 2051. The stock last closed at $1.76, below the strike, so the warrant is out of the money. Hertz Global Holdings, Inc has a market value of about $555.75M. There are 82.70M listed warrants; exercising all of them would add 26.6% to the 315.76M shares outstanding.
Key terms
- Strike per share
- $13.61
- Shares per warrant
- 1.014
- Cash to exercise one warrant
- $13.80
- Expiry
- 2051-06-30
- Redemption trigger
- none stated
- Cashless exercise
- allowed
- Break-even stock price
- $14.49
From the issuer's 424B4 (2021-11-10).
Company and stock
- Company
- Hertz Global Holdings, Inc
- Underlying stock
- HTZ
- Share price
- $1.76
- Market cap
- $555.75M
- Shares outstanding
- 315.76M
- 12-month range
- $1.51 – $7.81
- 12-month change
- -74%
- Value of all listed warrants
- $73.77M (13.3% of market cap)
- Industry
- Services: Auto Rental & Leasing (No Drivers)
- Head office
- Estero, FL
- Incorporated in
- Delaware
Market cap is the last share price times shares outstanding (as of 2026-04-30). 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
- $0.8920
- Price / model
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Dilution
- Shares outstanding
- 315.76M
- Listed warrants
- 82.70M
- Dilution if all exercised
- 26.6%
Warrant count from XBRL (single class reported).
Filings and events
Questions about HTZWW
When does the HTZWW warrant expire?
HTZWW expires on June 30, 2051.
What is the strike price of HTZWW?
$13.61 per share; each warrant converts into 1.014 share, so exercising one warrant costs $13.80.
Can Hertz Global Holdings, Inc redeem the HTZWW warrants early?
The source filing we read lists no stock-price redemption trigger.
How many HTZWW warrants are outstanding?
82.70M listed warrants, equal to 26.6% dilution if all are exercised.
Related warrants
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