Inection Point Acquisition Corp. VII (IPXGW) Warrant
Each IPXGW warrant gives the holder the right to buy 1 share of Inection Point Acquisition Corp. VII at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.06, below the strike, so the warrant is out of the money. Inection Point Acquisition Corp. VII has a market value of about $315.20M. Inection Point Acquisition Corp. VII is a SPAC (deal signed with Elroy Air). It must complete a deal by February 12, 2028 or the warrants expire worthless. There are 7.67M listed warrants; exercising all of them would add 24.5% to the 31.33M 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
- no
- Break-even stock price
- $12.10
From the issuer's 8-K (2026-02-13).
Company and stock
- Company
- Inection Point Acquisition Corp. VII
- Underlying stock
- IPXG
- Share price
- $10.06
- Market cap
- $315.20M
- Shares outstanding
- 31.33M
- Range since Feb 2026
- $9.81 – $10.15
- Change since Feb 2026
- +3%
- Value of all listed warrants
- $4.60M (1.5% of market cap)
- Industry
- Services: Computer Integrated Systems Design
- Head office
- New York, NY
- 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
- $0.6000
- Price / model
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Dilution
- Shares outstanding
- 31.33M
- Listed warrants
- 7.67M
- Dilution if all exercised
- 24.5%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- deal signed
- Target
- Elroy Air
- Deal announced
- 2026-06-26
- Deadline
- 2028-02-12
- Latest possible deadline
- —
- Trust per share
- $10.19
- Sponsor
- Cohen LLC
- Sponsor's earlier SPACs
- 0 (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 IPXGW
When does the IPXGW 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 IPXGW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many IPXGW warrants are outstanding?
7.67M listed warrants, equal to 24.5% dilution if all are exercised.
Related warrants
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