JENA.U

Jena Acquisition Corp. II Units are derivative securities that bundle together Class A common shares with rights or warrants in a single tradable instrument. Each unit typically consists of one share of Class A common stock and a fractional warrant or right to purchase additional shares. Units are commonly issued in SPAC initial public offerings and may later separate into their component securities after a specified period. Purchasing units provides investors with combined exposure to the SPAC's equity and embedded derivative securities in a single transaction.