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Evolution Global Acquisition Corp [EVOXU]

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Evolution Global Acquisition Corp [EVOXU] represents units of the SPAC, with each unit typically consisting of one share of Class A common stock and a fraction of one redeemable warrant. These units are derivative securities that trade as a package until the company announces a separation date. Upon separation, the common stock and warrants begin trading separately under different ticker symbols. Units provide investors with exposure to both the equity and warrant components of the SPAC structure.