FG Imperii Acquisition Corp. [FGIIU]
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FG Imperii Acquisition Corp. [FGIIU] represents units from a special purpose acquisition company (SPAC). Each unit typically consists of one share of common stock and a fraction of a warrant or right to purchase additional shares. SPAC units are sold in initial public offerings with the proceeds held in trust while management searches for a suitable merger target. Unit holders can often separate their holdings into component securities after the IPO. These derivative securities carry risk related to both the successful identification of a merger target and the ultimate business combination's performance.