Jackson Acquisition Company II Rights
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Jackson Acquisition Company II Rights are derivative securities that give holders the contractual right to purchase additional Class A common shares of the SPAC at a predetermined price, typically upon or after the completion of a business combination. These rights provide existing investors with the opportunity to acquire additional equity and maintain their ownership percentage. Rights typically trade separately from common shares and units once they are detached. The value of these rights depends on the spread between the exercise price and the market price of the underlying common shares.