NorthStar Earth & Space Enterprises, Inc. (NSTR.W) Warrant
Each NSTR.W warrant gives the holder the right to buy 1 share of NorthStar Earth & Space Enterprises, Inc. at $11.50 per share, until October 1, 2031. The stock last closed at $4.12, below the strike, so the warrant is out of the money. NorthStar Earth & Space Enterprises, Inc. has a market value of about $129.07M. There are 7.67M listed warrants; exercising all of them would add 24.5% to the 31.33M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2031-10-01
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.63
From the issuer's 8-K (2025-11-05).
Company and stock
- Company
- NorthStar Earth & Space Enterprises, Inc.
- Underlying stock
- NSTR
- Share price
- $4.12
- Market cap
- $129.07M
- Shares outstanding
- 31.33M
- Value of all listed warrants
- $999.73K (0.8% of market cap)
- Industry
- Communications Services, NEC
- 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.
Dilution
- Shares outstanding
- 31.33M
- Listed warrants
- 7.67M
- Dilution if all exercised
- 24.5%
Warrant count from filing iXBRL: PublicWarrantsMember.
Filings and events
- Merger closed; the warrants became warrants of the combined company
- Terms source: 8-K
Questions about NSTR.W
When does the NSTR.W warrant expire?
NSTR.W expires on October 1, 2031.
What is the strike price of NSTR.W?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can NorthStar Earth & Space Enterprises, Inc. redeem the NSTR.W 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 NSTR.W warrants are outstanding?
7.67M listed warrants, equal to 24.5% dilution if all are exercised.
Related warrants
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