Gibo Holdings Ltd. Warrant

Gibo Holdings Ltd. Warrant is a derivative security that provides the holder the right, but not the obligation, to purchase one Class A ordinary share of Gibo Holdings Ltd. at a fixed exercise price of $11.50 per share until its expiration on May 8, 2030. These warrants were issued as part of the company's business combination with Bukit Jalil Global Acquisition 1 Ltd., a special purpose acquisition company. Gibo Holdings Ltd. operates as a leading AIGC (Artificial Intelligence Generated Content) animation streaming platform, serving over 72 million users across Southeast and South Asia. The company specializes in providing AI-powered creative tools, including voice synthesis, image generation, scriptwriting, and audio-visual synchronization, which enable efficient content creation for digital media and animation sectors. The warrants serve as a capital-raising instrument for the company and offer investors an alternative way to participate in the company's growth potential upon conversion, while also contributing liquidity and diversity to the market for Gibo Holdings Ltd. securities.