System1, Inc. (SSTPW) Warrant
Each SSTPW warrant gives the holder the right to buy 1 share of System1, Inc. at $11.50 per share, until January 27, 2027. There are 16.80M listed warrants; exercising all of them would add 160.2% to the 10.49M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
We have no price feed for OTC warrants yet, so this page shows the terms and dilution of SSTPW without prices or a chart.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2027-01-27
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
From the issuer's 424B4 (2020-06-18).
Company and stock
- Company
- System1, Inc.
- Shares outstanding
- 10.49M
- Industry
- Services: Computer Programming, Data Processing, Etc.
- Head office
- Marina Del Rey, CA
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.
Dilution
- Shares outstanding
- 10.49M
- Listed warrants
- 16.80M
- Dilution if all exercised
- 160.2%
Warrant count from filing notes, read by hand (medium): Warrants (former Trebia Public Warrants).
Filings and events
Questions about SSTPW
When does the SSTPW warrant expire?
SSTPW expires on January 27, 2027.
What is the strike price of SSTPW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can System1, Inc. redeem the SSTPW warrants early?
Yes. The company can call them if the share price reaches $18.00 for the required period (usually 20 of 30 trading days).
How many SSTPW warrants are outstanding?
16.80M listed warrants, equal to 160.2% dilution if all are exercised.
Related warrants
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