DYORU

Insight Digital Partners II units are derivative securities issued by the SPAC, each consisting of one share of Class A common stock and a fraction of one redeemable warrant. Unit holders have the right to separate the components into individual shares and warrants after a specified period or upon certain conditions. These units were sold in the company's initial public offering to raise capital for identifying and completing a business combination. The units trade as a single security until separated, providing investors with combined exposure to both the equity and warrant components.