GCLWW

GCL Global Holdings Ltd [GCLWW] represents publicly traded warrants issued by GCL Global Holdings Ltd, a special purpose acquisition company. These warrants are derivative securities that give holders the right, but not the obligation, to purchase shares of the company's common stock at a predetermined exercise price, typically within a specified time period. SPAC warrants like GCLWW are often issued as part of units during the initial public offering and subsequently trade separately. The value of these warrants is tied to the underlying common stock price and the likelihood of a successful business combination. Warrant holders do not have voting rights or receive dividends, and the warrants may expire worthless if not exercised before expiration or if the strike price exceeds the stock price.