Jackson Acquisition Company II Units
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Jackson Acquisition Company II Units are bundled securities that combine one share of Class A common stock with a fractional warrant or right. Units are the typical initial offering security for SPACs and trade as a single instrument until the components are separated. After a specified period following the IPO, unit holders may elect to separate the units into their constituent parts, which then trade independently. Units provide investors with both equity participation and the potential upside from warrants or rights in a single investment vehicle.