Microvast Holdings, Inc. [MVSTW]
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Microvast Holdings warrants give holders the right to purchase shares of Microvast common stock at a predetermined exercise price before the expiration date. These warrants were issued as part of the SPAC merger that took Microvast public. Warrants provide leveraged exposure to Microvast stock price movements: if the stock rises above the exercise price, warrant holders can buy shares at a discount or trade the warrants for profit. Warrants carry higher risk and volatility than common stock and may expire worthless if unexercised or if the stock price remains below the strike price.