Shreya Acquisition Group (SAGU.W) Warrant
Each SAGU.W warrant gives the holder the right to buy 1 share of Shreya Acquisition Group 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. Shreya Acquisition Group has a market value of about $162.41M. Shreya Acquisition Group is a SPAC (no deal announced yet). It must complete a deal by May 8, 2027 or the warrants expire worthless. There are 11.00M listed warrants; exercising all of them would add 68.1% to the 16.16M 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
- $11.54
From the issuer's S-1/A (2026-04-24).
Company and stock
- Company
- Shreya Acquisition Group
- Underlying stock
- SAGU
- Share price
- $10.05
- Market cap
- $162.41M
- Shares outstanding
- 16.16M
- Range since May 2026
- $9.87 – $10.05
- Change since May 2026
- +2%
- Value of all listed warrants
- $410.30K (0.3% of market cap)
- Industry
- Blank check company (SPAC)
- Head office
- Grand Cayman
- 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
- $0.0373
- Price / model
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Dilution
- Shares outstanding
- 16.16M
- Listed warrants
- 11.00M
- Dilution if all exercised
- 68.1%
Warrant count from filing notes, read by hand (high): Public Warrants (one warrant per IPO unit).
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-05-08
- Latest possible deadline
- —
- Trust per share
- $10.20
- Sponsor
- Thews (Mauritius) Limited
- 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 SAGU.W
When does the SAGU.W 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 SAGU.W?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many SAGU.W warrants are outstanding?
11.00M listed warrants, equal to 68.1% dilution if all are exercised.
Related warrants
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