IGACR

Invest Green Acquisition Corp. Rights [IGACR] are derivative securities that give holders the right to purchase common stock of Invest Green Acquisition Corp. at a specified price, typically issued as part of the SPAC's initial public offering structure. Rights are similar to warrants but typically have shorter expiration periods and different exercise terms. Each right entitles the holder to receive a fractional share of common stock upon exercise, with multiple rights usually required to purchase one full share. Rights are often distributed to early investors in a SPAC and can trade separately from the common stock. The value of rights fluctuates based on the underlying stock price and the proximity to a business combination announcement.