These financial instruments, known as Launchpad Cadenza Acquisition Corp I Warrants, originate from Launchpad Cadenza Acquisition Corp I. The latter is a special purpose acquisition company (SPAC), formed with the explicit goal of executing a business combination, such as a merger, share swap, asset acquisition, or corporate reorganization. Each warrant grants its owner the option to buy one Class A ordinary share at a specific, pre-agreed exercise price, always in accordance with the full stipulations detailed in the warrant agreement.
| Price | $0.31 |
|---|---|
| Market cap | $116.9M |
| Sector | Financial Services |
| Industry | Shell Companies |
| Exchange | NASDAQ |
| 52-week range | 0.31-0.32 |
| Beta | 3.33 |
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