This is a 1998 Toy Biz Spider-Man Shape Shifters Lizard action figure, designed to transform into a mega mutant alligator.

The package includes an attachable missile launcher accessory and a bonus sticker.

It is part of the Sneak Attack series based on Marvel Comics characters. Being vintage it has gathered dust and shows shelf wear since. A part of the sticker that says attachable missilery launcher is peeling off. Other Spider-Man related action figures are also listed .