Common use of Additional Placement Warrants Clause in Contracts

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 450,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.10 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to Simultaneously with the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants warrants (up to a maximum of 300,000 Placement Warrants375,000 warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 per Firm Unit and Option Unit share of Common Stock sold to the public in the Offering is held in trust the Trust Account regardless of whether the Overover-allotment Option option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in The Additional Placement Warrants shall be identical to the Registration Statement, there Placement Warrants. There will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to Simultaneously with the Option Closing, certain of the Sponsor Company’s stockholders and/or affiliates shall purchase from the Company pursuant to the Subscription Agreement Agreements an additional number of Placement Warrants warrants (up to a maximum of 300,000 Placement Warrants330,000 warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.15 per Firm Unit and Option Unit share of Common Stock sold to the public in the Offering is held in trust regardless of whether the Overover-allotment Option option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in The Additional Placement Warrants shall be identical to the Registration Statement, there Placement Warrants. There will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 150,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, (i) the Sponsor shall purchase from the Company pursuant to the Subscription Sponsor Private Placement Warrant Purchase Agreement up to an additional number of 86,667 Placement Warrants (up to a maximum of 300,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 per Firm Unit Representative; and Option Unit sold (ii) Maxim shall purchase from the Company pursuant to the public in Maxim Private Placement Warrant Purchase Agreement up to an additional 180,000 Placement Warrants pro rata with the Offering is held in trust regardless amount of whether the Over-allotment Option is exercised in full or part by the Representative, for an aggregate of up to 266,667 warrants (the “Additional Placement Warrants”), at a purchase price of $1.00 0.90 per Additional Placement Warrant in a private placement placements (the “Additional Private PlacementPlacements”). The Additional Placement Warrants and the Class A Common Stock ordinary shares issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 337,500 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.10 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.10 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 600,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 225,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 per Firm Unit and Option Unit Units sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 750,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.15 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor and Maxim shall purchase from the Company pursuant to the Subscription Agreement Agreements an additional number of Placement Warrants (up to a maximum of 300,000 525,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.15 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 646,875 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.25 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to Simultaneously with the Option Closing, the Sponsor and I-Bankers shall purchase from the Company pursuant to the Subscription Private Placement Warrant Agreement (as defined in Section 2.24.2 hereof) an additional number aggregate of up to 656,250 warrants (the “Additional Placement Warrants”) (of which up to 125,000 Additional Placement Warrants (up to a maximum of 300,000 Placement Warrants) will be purchased by I-Bankers), pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.15 per Firm Unit and Option Unit Ordinary Share sold to the public in the Offering is held in trust the Trust Account regardless of whether the Overover-allotment Option option is exercised in full or part (the “Additional Placement Warrants”)part, at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of securities underlying the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in The Additional Placement Warrants shall be identical to the Registration Statement, there Placement Warrant. There will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to Simultaneously with the Option Closing, the Sponsor and I-Bankers shall purchase from the Company pursuant to the Subscription Private Placement Warrant Agreement (as defined in Section 2.24.2 hereof) an additional number aggregate of up to 750,000 warrants (the “Additional Placement Warrants”) (of which up to 125,000 Additional Placement Warrants (up to a maximum of 300,000 Placement Warrants) will be purchased by I-Bankers), pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.20 per Firm Unit and Option Unit Ordinary Share sold to the public in the Offering is held in trust the Trust Account regardless of whether the Overover-allotment Option option is exercised in full or part (the “Additional Placement Warrants”)part, at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of securities underlying the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in The Additional Placement Warrants shall be identical to the Registration Statement, there Placement Warrant. There will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor Sponsor, Nautilus and HB shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 420,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a for an aggregate purchase price of $1.00 per Additional Placement Warrant 420,000 in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor Sponsor, Nautilus and HB shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 495,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a for an aggregate purchase price of $1.00 per Additional Placement Warrant 495,000 in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to Simultaneously with the consummation of the Option Closing, the Sponsor Private Placement Purchasers shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 240,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.10 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 0.75 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock Ordinary Shares issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 562,500 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.25 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor and Maxim shall purchase from the Company pursuant to the Subscription Agreement Agreements an additional number of Placement Warrants (up to a maximum of 300,000 577,500 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.15 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 925,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.15 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 540,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.10 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 750,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to Simultaneously with the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement Agreements (as defined in Section 2.23.2 hereof) an additional number of Placement Warrants units (up to a maximum of 300,000 Placement Warrants) 262,500 additional units in the aggregate), pro rata with the amount percentage of the Over-allotment Option exercised by the Representative Representative, so that at least $10.00 1.00 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Overover-allotment Option option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 10.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock Ordinary Shares issuable upon the exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed Each Additional Placement Warrant shall be identical to the Warrants sold in the Registration Statement, there Offering. There will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to Simultaneously with the Option Closing, the Sponsor shall purchase from the Company pursuant to the Subscription Agreement Agreements (as defined in Section 2.23.2 hereof) an additional number of Placement Warrants units (up to a maximum of 300,000 Placement Warrants) 262,500 additional in the aggregate), pro rata with the amount percentage of the Over-allotment Option exercised by the Representative Representative, so that at least $10.00 1.00 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Overover-allotment Option option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 10.00 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock Ordinary Shares issuable upon the exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed Each Additional Placement Warrant shall be identical to the Warrants sold in the Registration Statement, there Offering. There will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.

Additional Placement Warrants. Immediately prior to Simultaneously with the consummation of the Option Closing, the Sponsor Private Placement Purchasers shall purchase from the Company pursuant to the Subscription Agreement an additional number of Placement Warrants (up to a maximum of 300,000 200,000 Placement Warrants) pro rata with the amount of the Over-allotment Option exercised by the Representative so that at least $10.00 10.10 per Firm Unit and Option Unit sold to the public in the Offering is held in trust regardless of whether the Over-allotment Option is exercised in full or part (the “Additional Placement Warrants”), at a purchase price of $1.00 0.75 per Additional Placement Warrant in a private placement (the “Additional Private Placement”). The Additional Placement Warrants and the Class A Common Stock Ordinary Shares issuable upon exercise of the Additional Placement Warrants are hereinafter referred to collectively as the “Additional Placement Securities.” Except as disclosed in the Registration Statement, there will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Securities.