Real Messenger Corporation (RMSGW) Warrant
Each RMSGW warrant gives the holder the right to buy 1/2 share of Real Messenger Corporation at $11.50 per share, until November 19, 2029. The stock last closed at $0.29, below the strike, so the warrant is out of the money. Real Messenger Corporation has a market value of about $3.09M. There are 5.75M listed warrants; exercising all of them would add 27.0% to the 10.64M shares outstanding. The company can call the warrants if the stock trades at or above $16.50.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1/2
- Cash to exercise one warrant
- $5.75
- Expiry
- 2029-11-19
- Redemption trigger
- $16.50
- Cashless exercise
- no
- Break-even stock price
- $11.56
From the issuer's 424B4 (2026-06-09).
Company and stock
- Company
- Real Messenger Corporation
- Underlying stock
- RMSG
- Share price
- $0.29
- Market cap
- $3.09M
- Shares outstanding
- 10.64M
- 12-month range
- $0.27 – $3.20
- 12-month change
- -87%
- Value of all listed warrants
- $165.60K (5.4% of market cap)
- Industry
- Services: Computer Programming, Data Processing, Etc.
- Head office
- Costa Mesa, CA
- Incorporated in
- Cayman Islands
Market cap is the last share price times shares outstanding (as of 20-F 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
- $0.0288
Pro will show our model value for RMSGW. It is not open yet. Leave your email to hear when it is.
Dilution
- Shares outstanding
- 10.64M
- Listed warrants
- 5.75M
- Dilution if all exercised
- 27.0%
Warrant count from filing iXBRL: PublicWarrantsMember.
Filings and events
Questions about RMSGW
When does the RMSGW warrant expire?
RMSGW expires on November 19, 2029.
What is the strike price of RMSGW?
$11.50 per share; each warrant converts into 1/2 share, so exercising one warrant costs $5.75.
Can Real Messenger Corporation redeem the RMSGW warrants early?
Yes. The company can call them if the share price reaches $16.50 for the required period (usually 20 of 30 trading days).
How many RMSGW warrants are outstanding?
5.75M listed warrants, equal to 27.0% dilution if all are exercised.
Related warrants
Get an email when alerts for RMSGW open
Alerts and Pro are not open yet. Leave your email and we will tell you when you can follow RMSGW.