FIGXW

FIGX Capital Acquisition Corp. warrants are derivative securities that give holders the right to purchase shares of Class A common stock at a specified exercise price. These warrants typically become exercisable upon completion of the SPAC's business combination with a target company. Warrant holders can benefit from share price appreciation above the exercise price without investing the full amount upfront. The warrants usually have an exercise price above the initial IPO price and expire after a defined period, often five years from the business combination. Warrants trade separately from the underlying stock and units, providing speculative opportunities for investors.