Oxley Bridge Acquisition Limited (OBAWW) Warrant
Each OBAWW warrant gives the holder the right to buy 1 share of Oxley Bridge Acquisition Limited at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.35, below the strike, so the warrant is out of the money. Oxley Bridge Acquisition Limited has a market value of about $327.32M. Oxley Bridge Acquisition Limited is a SPAC (no deal announced yet). It must complete a deal by June 26, 2027 or the warrants expire worthless. There are 12.65M listed warrants; exercising all of them would add 40.0% to the 31.62M 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
- $11.75
From the issuer's 8-K (2025-06-26).
Company and stock
- Company
- Oxley Bridge Acquisition Limited
- Underlying stock
- OBA
- Share price
- $10.35
- Market cap
- $327.32M
- Shares outstanding
- 31.62M
- 12-month range
- $9.95 – $10.35
- 12-month change
- +4%
- Value of all listed warrants
- $3.16M (1.0% of market cap)
- Industry
- Blank check company (SPAC)
- Head office
- Central Hong Kong
- 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
- $0.2500
- Price / model
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Dilution
- Shares outstanding
- 31.62M
- Listed warrants
- 12.65M
- Dilution if all exercised
- 40.0%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-06-26
- Latest possible deadline
- —
- Trust per share
- $10.39
- Sponsor
- Oxley Bridge Holdings LLC
- Sponsor's earlier SPACs
- 1 (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 OBAWW
When does the OBAWW 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 OBAWW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many OBAWW warrants are outstanding?
12.65M listed warrants, equal to 40.0% dilution if all are exercised.
Related warrants
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