NextNav reminds holders of its public warrants that the deadline to exercise them is 5 p.m. New York City time on June 26, 2026. The warrants, which trade under the ticker NNAVW, allow purchase of common stock at $11.50 per share. Any warrants not exercised by the deadline will be redeemed for $0.01 each and cancelled. The company called the warrants for redemption after its stock price met the required threshold of at least $18.00 per share for 20 out of 30 trading days. Holders should contact their brokers to exercise, and questions can be directed to the warrant agent, Continental Stock Transfer and Trust Company.
NextNav Inc.Warrant redemption deadline and exercise terms are a capital structure event, but impact on stock is neutral as it's a procedural reminder.