DSACW

This security represents warrants of Daedalus Special Acquisition Corp., a special purpose acquisition company. Each warrant typically entitles the holder to purchase one share of Class A common stock at a specified exercise price, usually $11.50 per share. Warrants generally become exercisable upon completion of the SPAC's business combination with a target company. These derivative securities offer leveraged participation in the potential appreciation of the combined entity. Warrants typically expire several years after issuance and may include provisions allowing the company to call them under certain circumstances.