LightWave Acquisition Corp. Redeemable Warrant

LightWave Acquisition Corp. Redeemable Warrant represents a derivative security issued in connection with a special purpose acquisition company, or SPAC, designed to facilitate future capital formation. Each whole warrant provides its holder the right to purchase one Class A ordinary share of LightWave Acquisition Corp. at a fixed exercise price of $11.50 per share, becoming exercisable 30 days after the company completes its initial business combination. The warrant is explicitly structured so that only whole units are tradable, ensuring standardized market participation—no fractional warrants are issued. These redeemable warrants serve as a key financing tool within the SPAC framework, offering investors the potential for leveraged exposure to the post-merger entity. The asset plays a strategic role in incentivizing investor commitment while also supporting LightWave Acquisition Corp.’s pursuit of acquisition opportunities, primarily within the technology sector. By linking future share purchases to the warrant, the instrument enhances market liquidity and supports the company’s growth trajectory as it searches for attractive merger targets in a dynamic industry landscape.