FutureCrest Acquisition Corp.
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FutureCrest Acquisition Corp. Warrants are derivative securities that give holders the right to purchase Class A common stock at a predetermined exercise price. These warrants typically have a five-year term from the completion of a business combination. The exercise price is usually set at $11.50 per share, representing a premium to the SPAC IPO price. Warrants provide leveraged exposure to the underlying equity but carry higher risk. They may become worthless if the stock price remains below the exercise price at expiration.