EGH Acquisition Corp. [EGHAU]
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About
This security represents units issued by EGH Acquisition Corp., a special purpose acquisition company. Each unit typically consists of one share of common stock and a fraction of a warrant or right to purchase additional shares. Units are the initial securities sold in a SPAC's IPO and trade as a combined package until the company separates them into individual components. After separation, the common stock, warrants, and rights trade independently under different ticker symbols. Units provide investors with both equity ownership and the potential upside from warrants or rights. The value of units reflects the combined value of their constituent securities and the market's assessment of the SPAC's merger prospects.