Name -
Ampco-Pittsburgh Corporation
Address: 726 Bell Avenue, Suite 301, Carnegie, PA 15106
Phone Number: (412) 456-4400
Investor Relations Contact: mmcauley@ampcopgh.com
Website - https://ampcopgh.com
Warrant Symbol: AP.W (NYSE)
Warrants Listed: 6,650,300
Ratio - 2.24-for-1
Cusip Number - 032037 11 3
Expiry Date - August 1, 2026
Exercise Price - $2.5668 per warrant (Equal to $5.75 per whole share)
Synopsis & Listing Information
Ampco-Pittsburgh is a specialty manufacturer of engineered metal products, including forged and cast rolls for the steel and aluminum industries.
Market Status: The warrants trade on the NYSE. As of May 13, 2026, the common stock (AP) is trading strongly at approximately $12.18.
Intrinsic Value: Because the common stock price (~$12.18) is significantly higher than the effective exercise price of $5.75 per share, the warrants are deep "in the money."
Calculated Value: At a stock price of $12.18, the intrinsic value per warrant is approximately $2.87 ($12.18 - $5.75 = $6.43 gain per share; $6.43 x 0.4464 ratio = $2.87).
2026 Financial Performance: On May 12, 2026, the company reported Q1 2026 net sales of $108.3 million, a 4% increase year-over-year. The company highlighted that its U.S. Defined Benefit Pension Plan achieved fully funded status in February 2026, significantly strengthening the balance sheet.
Upcoming Expiration: Investors should be aware that these warrants will cease trading and expire on August 1, 2026. Given the "in the money" status, holders must either sell the warrants or exercise them before this date to avoid losing the intrinsic value.
Current Status: Active (Approaching Expiration).
Address: 726 Bell Avenue, Suite 301, Carnegie, PA 15106
Phone Number: (412) 456-4400
Investor Relations Contact: mmcauley@ampcopgh.com
Website - https://ampcopgh.com
Warrant Symbol: AP.W (NYSE)
Warrants Listed: 6,650,300
Ratio - 2.24-for-1
Cusip Number - 032037 11 3
Expiry Date - August 1, 2026
Exercise Price - $2.5668 per warrant (Equal to $5.75 per whole share)
Synopsis & Listing Information
Ampco-Pittsburgh is a specialty manufacturer of engineered metal products, including forged and cast rolls for the steel and aluminum industries.
Market Status: The warrants trade on the NYSE. As of May 13, 2026, the common stock (AP) is trading strongly at approximately $12.18.
Intrinsic Value: Because the common stock price (~$12.18) is significantly higher than the effective exercise price of $5.75 per share, the warrants are deep "in the money."
Calculated Value: At a stock price of $12.18, the intrinsic value per warrant is approximately $2.87 ($12.18 - $5.75 = $6.43 gain per share; $6.43 x 0.4464 ratio = $2.87).
2026 Financial Performance: On May 12, 2026, the company reported Q1 2026 net sales of $108.3 million, a 4% increase year-over-year. The company highlighted that its U.S. Defined Benefit Pension Plan achieved fully funded status in February 2026, significantly strengthening the balance sheet.
Upcoming Expiration: Investors should be aware that these warrants will cease trading and expire on August 1, 2026. Given the "in the money" status, holders must either sell the warrants or exercise them before this date to avoid losing the intrinsic value.
Current Status: Active (Approaching Expiration).
American Financial News
Loading the latest American market news...
American Financial News
Loading the latest American market news...