Space Asset Acquisition Corp. (SAAQW) Warrant
Each SAAQW warrant gives the holder the right to buy 1 share of Space Asset Acquisition Corp. at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.05, below the strike, so the warrant is out of the money. Space Asset Acquisition Corp. has a market value of about $314.68M. Space Asset Acquisition Corp. is a SPAC (no deal announced yet). It must complete a deal by January 29, 2028 or the warrants expire worthless. There are 4.37M listed warrants; exercising all of them would add 14.0% to the 31.31M 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
- allowed
- Break-even stock price
- $12.00
From the issuer's S-1/A (2026-01-14).
Company and stock
- Company
- Space Asset Acquisition Corp.
- Underlying stock
- SAAQ
- Share price
- $10.05
- Market cap
- $314.68M
- Shares outstanding
- 31.31M
- Range since Mar 2026
- $9.91 – $10.65
- Change since Mar 2026
- +1%
- Value of all listed warrants
- $2.20M (0.7% of market cap)
- Industry
- Blank check company (SPAC)
- Head office
- Princeton, NJ
- 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
- $0.5045
- Price / model
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Dilution
- Shares outstanding
- 31.31M
- Listed warrants
- 4.37M
- Dilution if all exercised
- 14.0%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2028-01-29
- Latest possible deadline
- —
- Trust per share
- $10.14
- Sponsor
- Space Asset Acquisition Sponsor LLC
- 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 SAAQW
When does the SAAQW 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 SAAQW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many SAAQW warrants are outstanding?
4.37M listed warrants, equal to 14.0% dilution if all are exercised.
Related warrants
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