Liminatus Pharma, Inc. (LIMNW) Warrant
Each LIMNW warrant gives the holder the right to buy 1/50 share of Liminatus Pharma, Inc. at $575.00 per share, until April 30, 2030. The stock last closed at $3.90, below the strike, so the warrant is out of the money. Liminatus Pharma, Inc. has a market value of about $261.93M. There are 5.09M listed warrants; exercising all of them would add 0.1% to the 67.16M shares outstanding. The company can call the warrants if the stock trades at or above $900.00.
Key terms
- Strike per share
- $575.00
- Shares per warrant
- 1/50
- Cash to exercise one warrant
- $11.50
- Expiry
- 2030-04-30
- Redemption trigger
- $900.00
- Cashless exercise
- allowed
- Break-even stock price
- $577.77
From the issuer's S-1/A (2025-07-28).
Company and stock
- Company
- Liminatus Pharma, Inc.
- Underlying stock
- LIMN
- Share price
- $3.90
- Market cap
- $261.93M
- Shares outstanding
- 67.16M
- 12-month range
- $3.33 – $102.50
- 12-month change
- -95%
- Value of all listed warrants
- $282.75K (0.1% of market cap)
- Industry
- Biological Products, (No Diagnostic Substances)
- Head office
- Cerritos, CA
- Incorporated in
- Delaware
Market cap is the last share price times shares outstanding (as of 2026-08-14). 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
- $0.0555
- Price / model
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Dilution
- Shares outstanding
- 67.16M
- Listed warrants
- 5.09M
- Dilution if all exercised
- 0.1%
Warrant count from filing iXBRL: PublicWarrantsMember.
Filings and events
- Terms source: S-1/A
- Merger closed; the warrants became warrants of the combined company
Questions about LIMNW
When does the LIMNW warrant expire?
LIMNW expires on April 30, 2030.
What is the strike price of LIMNW?
$575.00 per share; each warrant converts into 1/50 share, so exercising one warrant costs $11.50.
Can Liminatus Pharma, Inc. redeem the LIMNW warrants early?
Yes. The company can call them if the share price reaches $900.00 for the required period (usually 20 of 30 trading days).
How many LIMNW warrants are outstanding?
5.09M listed warrants, equal to 0.1% dilution if all are exercised.
Related warrants
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