Southern Cross Acquisition I Corp. (NCOOW) Warrant

NASDAQPre-merger SPAC warrantstrike $11.501 share per warrantupdated 2026-10-05

Each NCOOW warrant gives the holder the right to buy 1 share of Southern Cross Acquisition I Corp. at $11.50 per share, for five years after the company completes its merger. Southern Cross Acquisition I Corp. is a SPAC (no deal announced yet). It must complete a deal by July 22, 2027 or the warrants expire worthless. There are 11.50M listed warrants; exercising all of them would add 78.1% to the 14.73M shares outstanding.

Warrant price
$0.0311
last close
Shares outstanding
14.73M
as of 2026-09-02
Deadline to close a deal
294 days
2027-07-22
Dilution if exercised
78.1%
11.50M warrants

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
allowed
Break-even stock price
$11.53

From the issuer's 424B4 (2026-07-21).

Company and stock

Company
Southern Cross Acquisition I Corp.
Underlying stock
NCOO
Shares outstanding
14.73M
Value of all listed warrants
$357.65K
Industry
Blank check company (SPAC)
Head office
New York, NY
Incorporated in
Cayman Islands

Shares outstanding as of 2026-09-02. 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
$0.0311
Price / model

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Dilution

Shares outstanding
14.73M
Listed warrants
11.50M
Dilution if all exercised
78.1%

Warrant count from filing notes, read by hand (high): Public Warrants (one warrant per unit).

SPAC deal

Status
no deal announced yet
Target
—
Deal announced
—
Deadline
2027-07-22
Latest possible deadline
—
Trust per share
$10.20
Sponsor
Southern Cross Acquisition I Sponsor Corp.
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 NCOOW

When does the NCOOW 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 NCOOW?

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

How many NCOOW warrants are outstanding?

11.50M listed warrants, equal to 78.1% dilution if all are exercised.

Related warrants

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