SCHMID Group N.V. (SHMDW) Warrant
Each SHMDW warrant gives the holder the right to buy 1 share of SCHMID Group N.V. at $11.50 per share, until April 30, 2029. The stock last closed at $4.57, below the strike, so the warrant is out of the money. SCHMID Group N.V. has a market value of about $196.80M. There are 11.25M listed warrants; exercising all of them would add 26.1% to the 43.06M shares outstanding. The company can call the warrants if the stock trades at or above $10.00.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2029-04-30
- Redemption trigger
- $10.00
- Cashless exercise
- allowed
- Break-even stock price
- $12.79
From the issuer's F-1/A (2024-09-05).
Company and stock
- Company
- SCHMID Group N.V.
- Underlying stock
- SHMD
- Share price
- $4.57
- Market cap
- $196.80M
- Shares outstanding
- 43.06M
- 12-month range
- $2.50 – $10.42
- 12-month change
- +58%
- Value of all listed warrants
- $14.51M (7.4% of market cap)
- Industry
- Misc Industrial & Commercial Machinery & Equipment
- Head office
- Freudenstadt
- Incorporated in
- Netherlands
Market cap is the last share price times shares outstanding (as of 2025-12-31). 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
- $1.29
- Price / model
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Dilution
- Shares outstanding
- 43.06M
- Listed warrants
- 11.25M
- Dilution if all exercised
- 26.1%
Warrant count from filing notes, read by hand (medium): Pegasus Public Warrants.
Filings and events
- Terms source: F-1/A
- Merger closed; the warrants became warrants of the combined company
Questions about SHMDW
When does the SHMDW warrant expire?
SHMDW expires on April 30, 2029.
What is the strike price of SHMDW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can SCHMID Group N.V. redeem the SHMDW warrants early?
Yes. The company can call them if the share price reaches $10.00 for the required period (usually 20 of 30 trading days).
How many SHMDW warrants are outstanding?
11.25M listed warrants, equal to 26.1% dilution if all are exercised.
Related warrants
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