EVOXW

Evolution Global Acquisition Corp [EVOXW] represents publicly traded warrants that give holders the right to purchase shares of the company's Class A common stock at a predetermined exercise price. These are derivative securities that typically become exercisable upon completion of the SPAC's business combination. Warrants generally have a five-year term from the completion of the business combination and provide leverage to the underlying stock movement. SPAC warrants can expire worthless if not exercised before the expiration date or if conditions for exercise are not met.