EVGOW

EVgo Inc. [EVGOW] represents warrants that give holders the right to purchase shares of EVgo common stock at a predetermined exercise price. These warrants are derivative securities issued in connection with the company's business combination or financing transactions. Each warrant entitles the holder to purchase a specified number of common shares at the exercise price, subject to the terms and conditions outlined in the warrant agreement. Warrants provide leverage and potential upside participation if EVgo's stock price appreciates above the exercise price. These securities carry higher risk than common stock due to their derivative nature, potential for expiration worthless, and time-sensitive value characteristics.