IQM Quantum Computers Oyj (IQMXW) Warrant

NASDAQCompany warrantstrike $11.501 share per warrantexpires 2031-07-01updated 2026-10-05

Each IQMXW warrant gives the holder the right to buy 1 share of IQM Quantum Computers Oyj at $11.50 per share, until July 1, 2031. The stock last closed at $10.35, below the strike, so the warrant is out of the money. IQM Quantum Computers Oyj has a market value of about $1.96B. There are 8.62M listed warrants; exercising all of them would add 4.5% to the 189.50M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.

Warrant price
$1.97
last close
IQMX share price
$10.35
90% of strike
Market cap
$1.96B
189.50M shares
Time left
1,729 days
expires 2031-07-01
Dilution if exercised
4.5%
8.62M warrants

Key terms

Strike per share
$11.50
Shares per warrant
1
Cash to exercise one warrant
$11.50
Expiry
2031-07-01
Redemption trigger
$18.00
Cashless exercise
no
Break-even stock price
$13.47

From the issuer's F-1/A (2026-08-18).

Company and stock

Company
IQM Quantum Computers Oyj
Underlying stock
IQMX
Share price
$10.35
Market cap
$1.96B
Shares outstanding
189.50M
12-month range
$8.84 – $13.91
12-month change
+2%
Value of all listed warrants
$16.99M (0.9% of market cap)
Industry
Services: Prepackaged Software
Head office
02150 Espoo
Incorporated in
Finland

Market cap is the last share price times shares outstanding (as of 2026-08-03). 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
$1.97
Price / model

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Dilution

Shares outstanding
189.50M
Listed warrants
8.62M
Dilution if all exercised
4.5%

Warrant count from filing notes, read by hand (high): Public Warrants (ex-RAAQ).

Filings and events

Questions about IQMXW

When does the IQMXW warrant expire?

IQMXW expires on July 1, 2031.

What is the strike price of IQMXW?

$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.

Can IQM Quantum Computers Oyj redeem the IQMXW 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 IQMXW warrants are outstanding?

8.62M listed warrants, equal to 4.5% dilution if all are exercised.

Related warrants

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