Perpetual warrant in economics and finance

Hello everyone! Today, we're going to dive into the intriguing world of perpetual warrants. A perpetual warrant is a financial instrument that grants the holder the right to purchase a company's stock at a predetermined price, but with no expiration date. This unique characteristic sets it apart from traditional options and warrants, which have fixed expiration dates. Now, let's explore the significance of perpetual warrants in the realm of economics and finance.