FTW.W

EQV Ventures Acquisition Corp. Warrants are derivative securities that give holders the right, but not the obligation, to purchase shares of Class A common stock at a specified exercise price within a predetermined time period. SPAC warrants typically become exercisable after the completion of a business combination and provide investors with leveraged exposure to the combined company's equity performance. The exercise price is usually set above the initial IPO price, meaning warrants only have intrinsic value if the stock price rises above the exercise price. Warrants can expire worthless if not exercised before the expiration date or if the stock price remains below the exercise price. These instruments are more speculative and volatile than common stock, offering higher potential returns but also greater risk of total loss.