Verde Clean Fuels, Inc. (VGASW) Warrant
Each VGASW warrant gives the holder the right to buy 1 share of Verde Clean Fuels, Inc. at $11.50 per share, until February 15, 2028. The stock last closed at $1.09, below the strike, so the warrant is out of the money. Verde Clean Fuels, Inc. has a market value of about $48.56M. There are 15.38M listed warrants; exercising all of them would add 34.5% to the 44.55M shares outstanding. The company can call the warrants if the stock trades at or above $18.00.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- 2028-02-15
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.52
From the issuer's S-1/A (2021-08-06).
Company and stock
- Company
- Verde Clean Fuels, Inc.
- Underlying stock
- VGAS
- Share price
- $1.09
- Market cap
- $48.56M
- Shares outstanding
- 44.55M
- 12-month range
- $0.94 – $3.35
- 12-month change
- -65%
- Value of all listed warrants
- $246.13K (0.5% of market cap)
- Industry
- Industrial Organic Chemicals
- Head office
- Houston, TX
- Incorporated in
- Delaware
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
- $0.0160
- Price / model
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Dilution
- Shares outstanding
- 44.55M
- Listed warrants
- 15.38M
- Dilution if all exercised
- 34.5%
Warrant count from XBRL (single class reported).
Filings and events
- Merger closed; the warrants became warrants of the combined company
- Terms source: S-1/A
Questions about VGASW
When does the VGASW warrant expire?
VGASW expires on February 15, 2028.
What is the strike price of VGASW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
Can Verde Clean Fuels, Inc. redeem the VGASW 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 VGASW warrants are outstanding?
15.38M listed warrants, equal to 34.5% dilution if all are exercised.
Related warrants
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