Common use of Purchase Option Clause in Contracts

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 units 300,000 units, or 345,000 Units if the over-allotment option is exercised in full (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of at any time between (i) the closing of the Business Combination, or combination and (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, Common Stock and the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months 180 days after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Date an option (“Representative’s Purchase Option”) for the to purchase of up to an aggregate of 500,000 280,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, Combination or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.5010.00, which is equal to one hundred and fifteen twenty-five percent (115125%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units Shares (the “Representative’s RightsShares”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) included in the Representative’s Units and the Ordinary Shares issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.”

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 1,750,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.5012.00, which is equal to one hundred and fifteen twenty percent (115120%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) shares of Common Stock and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 units 235,000 (or 270,250 Units if the Over-allotment Option is exercised in full) Units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Units are identical to the Firm Units, except that the Representative’s Units, if Representative’s Purchase Option is exercised, will be purchased pursuant to an exemption from the registration requirements of the Securities Act and will become tradable only after certain conditions are met or the resale of such Representative Units is registered under the Securities Act. The Representative’s Purchase Option shall be exercisable, in whole or in part, at any time, commencing on the later of (i) the closing first anniversary of the Effective Date and the consummation of an initial Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier fifth anniversary of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolvedDate, for cash or on a cashless basis, at the holder’s option, at an initial exercise price per Representative’s Unit of $11.5011.00, which is equal to one hundred and fifteen ten percent (115110%) of the initial public offering price of a Unit. Each Unit consists of one (1) share of Common Stock of the Company, one redeemable Warrant with each redeemable Warrant entitling the holder thereof to purchase one-half (1/2) of one share of Common Stock at a price of $11.50 per full share, and one Right to acquire one-tenth of one share of Common Stock upon the consummation of an initial Business Combination. The Representative’s Purchase Option, the Representative’s Units, the Ordinary SharesCommon Stock, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares Common Stock issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 240,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 50,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00100.00 (or up to 57,500 units if the over-allotment is exercised in full). The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of at any time between (i) the closing of the Business Combination, or combination and (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and date of commencement of sales of the day immediately prior to the day on which the Company and all of its successors have been dissolvedOffering, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, shares of Common Stock and the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months 180 days after the Effective Datedate of commencement of sales of the offering, as set forth in Section 3 of the Representative’s Purchase OptionOption and that all Representative’s Securities will be subject to compliance with FINRA Rule 5110(e) and (g).

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 600,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of at any time between (i) the closing of the Business Combination, or combination and (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and date of commencement of sales of the day immediately prior to the day on which the Company and all of its successors have been dissolvedOffering, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, shares of Common Stock and the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months 180 days after the Effective Datedate of commencement of sales of the offering, as set forth in Section 3 of the Representative’s Purchase OptionOption and that all Representative’s Securities will be subject to compliance with FINRA Rule 5110(e) and (g).

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 250,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal 10.50. The Representative’s Units are identical to one hundred and fifteen percent (115%) of the initial public offering price of a UnitUnits. The Representative’s Purchase Option, the Representative’s Units, the Ordinary SharesRights associated therewith, and the shares of Common Stock included in the Representative’s Units and the shares of Common Stock issuable upon exercise of the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants Units, are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six one hundred eighty (6180) months days after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 units 275,000 units, or 316,250 Units if the over-allotment option is exercised in full (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of at any time between (i) the closing of the Business Combination, or and (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolvedDate, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 315,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. Each of the Representative’s Units is identical to the Firm Units, including the Warrants to purchase Ordinary Shares (sometimes referred to as the “Representative’s Warrants”). The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, or (ii) six (6) months from the Effective Date, Combination and expiring on the earlier of five (5) years one year from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent 8.00 (115%) 100% of the initial public offering price of a Unit) and may be exercised on a cashless basis. The Representative’s Warrants shall expire on the five-year anniversary of the Effective Date The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in Shares contained within the Representative’s Units (the “Representative’s Rights”) and the Warrants included in Units, the Representative’s Units (the “Representative’s Warrants”) Warrants and the Ordinary Shares issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option Securities during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 1,000,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00100. Each of the Representative’s Units is identical to the Firm Units, including the warrants constituting the Units to purchase Common Stock (sometimes referred to as the “Representative’s Warrants”). The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, or (ii) six (6) months from the Effective Date, Combination and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent 12.50 (115%) 125% of the initial public offering price of a Unit), and may be exercised on a cashless basis. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in Common Stock contained within the Representative’s Units (the “Representative’s Rights”) and the Warrants included in Units, the Representative’s Units (the “Representative’s Warrants”) Warrants and the Ordinary Shares Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option Securities during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 units, or up to 575,000 units if the Over-allotment option is exercised in full (the “Representative’s Units”) ), for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) on the closing of the Business Combination, or (ii) six (6) months from the Effective Date, Combination and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolvedDate, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary SharesClass A Shares included in the Representative’s Units, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Class A Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months 180 days after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative Chardan and I-Bankers (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 250,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. Each of the Underwriters acknowledges that only Chardan and I-Bankers shall receive Representative’s Purchase Option. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.5012.00, which is equal to one hundred and fifteen percent (115%) 120% of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) Common Stock and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares Common Stock issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative Representative, on behalf of itself and I-Bankers, understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 240,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolvedDate, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.5011.00, which is equal to one hundred and fifteen ten percent (115110%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) Shares and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 units 375,000 units, or 431,250 Units if the over-allotment option is exercised in full (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative Representatives (and/or its their designees) on the Closing Effective Date an option (“Representative’s Representatives’ Purchase Option”) for the purchase of an aggregate of 500,000 450,000 units (the “Representative’s Representatives’ Units”) for an aggregate purchase price of $100.00100. Each of the Representatives’ Units is identical to the Firm Units except that the redeemable warrants included in the Representatives’ Units have an exercise price per share of $6.60 (sometimes referred to as the “Representatives’ Warrants”). The Representative’s Representatives’ Purchase Option shall will be exercisable, in whole or in part, commencing on the later of (i) the closing one-year anniversary of the Business Combination, or (ii) six (6) months from the Effective Date, Date and expiring on the earlier five-year anniversary of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Representatives’ Unit of $11.50, which is equal to one hundred and fifteen percent 10.00 (115%) 125% of the initial public offering price of a Unit) and may be exercised on a cashless basis. The Representative’s Representatives’ Purchase Option, the Representative’s Representatives’ Units, the Ordinary SharesShares contained within the Representatives’ Units, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Representatives’ Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Representatives’ Securities.” The Public Securities and the Representative’s Representatives’ Securities are hereinafter referred to collectively as the “Securities.” The Representative understands Representatives understand and agrees agree that there are significant restrictions against transferring the Representative’s Purchase Option Representatives’ Securities during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Representatives’ Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 360,000 units (or 414,000 units if the Overallotment Option is exercised in full) (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) on the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolvedDate, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary SharesCommon Stock, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”), the Rights included in the Representative’s Units (the Representative’s Rights”) and the Ordinary Shares Common Stock issuable pursuant to the terms of the Representative’s Rights Warrants and with respect to the Representative’s Warrants Rights are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”"REPRESENTATIVE'S PURCHASE OPTION") for the purchase of an aggregate of 500,000 105,000 units (the “Representative’s Units”"REPRESENTATIVE'S UNITS") for an aggregate purchase price of $100.00. Each of the Representative's Units is identical to the Firm Units and the Warrants included in the Representative's Units have an exercise price of $7.50. The Representative’s 's Purchase Option shall be exercisable, in whole or in part, commencing on the later of the consummation of a Business Combination or twenty-four (i) the closing of the Business Combination, or (ii) six (624) months from the Effective Date, Date and expiring on the earlier five-year anniversary of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s 's Unit of $11.5011.00, which is equal to one hundred and fifteen ten percent (115110%) of the initial public offering price of a Unit. The Representative’s 's Purchase Option, the Representative’s 's Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) shares of Common Stock and the Warrants included in the Representative’s 's Units (the “Representative’s Warrants”"REPRESENTATIVE'S WARRANTS") and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s 's Warrants are hereinafter referred to collectively as the “Representative’s Securities"REPRESENTATIVE'S SECURITIES.” " The Public Securities and the Representative’s 's Securities are hereinafter referred to collectively as the “Securities"SECURITIES.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date" Maxim Group LLC _________________, as set forth in Section 3 2007 Page 5 of the Representative’s Purchase Option.50

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 210,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. Each of the Representative’s Units is identical to the Firm Units, including the Warrants to purchase Ordinary Shares (sometimes referred to as the “Representative’s Warrants”). The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, or (ii) six (6) months from the Effective Date, Combination and expiring on the earlier of five (5) years one year from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent 8.00 (115%) 100% of the initial public offering price of a Unit) and may be exercised on a cashless basis. The Representative’s Warrants shall expire on the five-year anniversary of the Effective Date The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in Shares contained within the Representative’s Units (the “Representative’s Rights”) and the Warrants included in Units, the Representative’s Units (the “Representative’s Warrants”) Warrants and the Ordinary Shares issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option Securities during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 300,000 units, or 345,000 units if the over-allotment option is exercised in full (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 875,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. Each of the Representative’s Units is identical to the Firm Units. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, Combination or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.508.80, which is equal to one hundred and fifteen ten percent (115110%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its designees) ), on the Closing Date Effective Date, an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 200,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. Each of the Representative’s Units is identical to the Firm Units and the Warrants included in the Representative’s Units have an exercise price of $5.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, Combination or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.5010.00, which is equal to one hundred and fifteen twenty-five percent (115125%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) shares of Common Stock and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 300,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) on the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolvedDate, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary SharesCommon Stock, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares Common Stock issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 units 450,000 units, or 517,500 Units if the over-allotment option is exercised in full (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 187,500 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, Combination or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.508.80, which is equal to one hundred and fifteen ten percent (115110%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months year after the Effective DateDate and by its acceptance thereof shall agree that it will not, as set forth in Section 3 of assign, pledge or hypothecate the Representative’s Purchase Option, or any potion thereof, for a period of one year following the Effective Date to anyone other than (i) ▇▇▇▇▇▇ or an Underwriter or a selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of ▇▇▇▇▇▇ or of any such Underwriter or selected dealer.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00100. Each of the Representative’s Units is identical to the Firm Units, including the warrants constituting the Units to purchase Common Stock (sometimes referred to as the “Representative’s Warrants”). The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, or (ii) six (6) months from the Effective Date, Combination and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent 12.50 (115%) 125% of the initial public offering price of a Unit), and may be exercised on a cashless basis. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in Common Stock contained within the Representative’s Units (the “Representative’s Rights”) and the Warrants included in Units, the Representative’s Units (the “Representative’s Warrants”) Warrants and the Ordinary Shares Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option Securities during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 187,500 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, Combination or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.508.80, which is equal to one hundred and fifteen ten percent (115110%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months year after the Effective DateDate and by its acceptance thereof shall agree that it will not, as set forth in Section 3 of assign, pledge or hypothecate the Representative’s Purchase Option, or any potion thereof, for a period of one year following the Effective Date to anyone other than (i) R▇▇▇▇▇ or an Underwriter or a selected dealer in connection with the Offering, or (ii) a bona fide officer or partner of R▇▇▇▇▇ or of any such Underwriter or selected dealer.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 750,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00100. Each of the Representative’s Units is identical to the Firm Units, including the warrants constituting the Units to purchase Common Stock (sometimes referred to as the “Representative’s Warrants”). The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, or (ii) six (6) months from the Effective Date, Combination and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent 12.50 (115%) 125% of the initial public offering price of a Unit), and may be exercised on a cashless basis. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in Common Stock contained within the Representative’s Units (the “Representative’s Rights”) and the Warrants included in Units, the Representative’s Units (the “Representative’s Warrants”) Warrants and the Ordinary Shares Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option Securities during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“"Representative’s 's Purchase Option”") for the purchase of an aggregate of 500,000 350,000 units (the “"Representative’s 's Units”") for an aggregate purchase price of $100.00100. Each of the Representative's Units is identical to the Firm Units except that the Warrants included in the Representative's Units ("Representative's Warrants") have an exercise price of $6.40 (128% of the exercise price of the Warrants included in the Units sold to the public). The Representative’s 's Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, Combination or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s 's Unit of $11.509.90, which is equal to one hundred and fifteen sixty five percent (115165%) of the initial public offering price of a Unit. The Representative’s 's Purchase Option, the Representative’s 's Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) 's Warrants and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s 's Warrants are hereinafter referred to collectively as the “"Representative’s 's Securities.” " The Public Securities and the Representative’s 's Securities are hereinafter referred to collectively as the “"Securities.” " The Representative understands and agrees that there are significant restrictions against transferring the Representative’s 's Purchase Option during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s 's Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 400,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.5012.00, which is equal to one hundred and fifteen twenty percent (115120%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary SharesRights, the Rights included in the Representative’s Units (the “Representative’s Rights”) shares of Common Stock and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 175,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. Each of the Representative’s Units is identical to the Firm Units and the Warrants included in the Representative’s Units have an exercise price of $6.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, Combination or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.508.80, which is equal to one hundred and fifteen ten percent (115110%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) shares of Common Stock and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 300,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 220,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its their respective designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 units 280,000 Units (the “Representative’s Units”), or such lesser number allowed by the Financial Industry Regulatory Authority, (the “FINRA”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) eighteen months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and (ii) the day immediately prior to the day on which consummation by the Company and all of its successors have been dissolved, for cash or a Business Combination expiring on a cashless basis, the five-year anniversary of the Effective Date at an initial exercise price per Representative’s Unit of $11.5011.00, which is equal to one hundred and fifteen ten percent (115110%) of the initial public offering price of a Unit, or at such higher price as allowed by the FINRA. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) shares of Common Stock and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) period eighteen months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 240,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities, the Private Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 280,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing consolidation of each series of the Business CombinationCompany’s ordinary shares into one class of ordinary shares after consummation of an acquisition transaction, post-acquisition tender offer or post-acquisition automatic trust liquidation, as the case may be, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.5012.00, which is equal to one hundred and fifteen twenty percent (115120%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) Shares and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 300,000 units (or 345,000 units if the over-allotment option is exercised in full) (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Effective Date an option (“"Representative’s 's Purchase Option”") for the purchase of up to an aggregate of 500,000 300,000 units plus an additional number of units equal to five percent (5%) of the Option Units purchased by the Underwriters pursuant to Section 1.2 hereof up to a maximum of 345,000 units (the “"Representative’s 's Units”") for an aggregate purchase price of $100.00100. Each of the Representative's Units is identical to the Firm Units except that the Warrants included in the Representative's Units ("Representative's Warrants") have an exercise price of $6.65 (one hundred thirty percent (133%) of the exercise price of the Warrants included in the Firm Units sold to the public). The Representative’s 's Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years one year from the Effective Date and (ii) the day immediately prior to consummation of a Business Combination and expiring on the day on which five-year anniversary of the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s 's Unit of $11.507.50, which is equal to one hundred and fifteen twenty five percent (115125%) of the initial public offering price of a Unit. The Representative’s 's Purchase Option, the Representative’s 's Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) 's Warrants and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s 's Warrants are hereinafter referred to collectively as the “"Representative’s 's Securities.” " The Public Offering Securities and the Representative’s 's Securities are hereinafter referred to collectively as the “"Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option."

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 300,000 units (or 345,000 units if the Overallotment Option is exercised in full) (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) on the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolvedDate, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary SharesCommon Stock, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares Common Stock issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 220,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. Each of the Underwriters acknowledges that only the Representative shall receive the Deferred Underwriting Commission. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 156,250 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. Each of the Representative’s Units is identical to the Firm Units. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, Combination or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.508.80, which is equal to one hundred and fifteen ten percent (115110%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) shares of Common Stock and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 900,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00100. Each of the Representative’s Units is identical to the Firm Units, including the warrants constituting the Units to purchase Common Stock (sometimes referred to as the “Representative’s Warrants”). The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, or (ii) six (6) months from the Effective Date, Combination and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent 10.00 (115%) 125% of the initial public offering price of a Unit), and may be exercised on a cashless basis. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in Common Stock contained within the Representative’s Units (the “Representative’s Rights”) and the Warrants included in Units, the Representative’s Units (the “Representative’s Warrants”) Warrants and the Ordinary Shares Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option Securities during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 192,500 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. Each of the Representative’s Units is identical to the Firm Units and the Warrants included in the Representative’s Units have an exercise price of $5.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, Combination or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.506.60, which is equal to one hundred and fifteen ten percent (115110%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) shares of Common Stock and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 450,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00100. Each of the Representative’s Units is identical to the Firm Units including the warrants constituting the Units to purchase Common Stock (sometimes referred to as the “Representative’s Warrants”). The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, or (ii) six (6) months from the Effective Date, Combination and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent 8.80 (115%) 110% of the initial public offering price of a Unit) and may be exercised on a cashless basis. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in Common Stock contained within the Representative’s Units (the “Representative’s Rights”) and the Warrants included in Units, the Representative’s Units (the “Representative’s Warrants”) Warrants and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option Securities during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 units (the “Representative’s Units”) ), for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) on the closing of the Business Combination, or (ii) six (6) months from the Effective Date, Combination and expiring on the earlier of five (5) years from the Effective Date and date of commencement of sales in the day immediately prior to the day on which the Company and all of its successors have been dissolvedOffering, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, Class A Shares included in the Representative’s Units and the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Class A Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after period of 180 days beginning on the Effective Datedate of commencement of sales of the Offering, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 390,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.5012.00, which is equal to one hundred and fifteen twenty percent (115120%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary SharesRights, the Rights included in the Representative’s Units (the “Representative’s Rights”) shares of Common Stock and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 200,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) months one year from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) shares of Common Stock and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Effective Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 1,250,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00100. Each of the Representative’s Units is identical to the Firm Units, including the warrants constituting the Units to purchase Common Stock (sometimes referred to as the “Representative’s Warrants”). The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, or (ii) six (6) months from the Effective Date, Combination and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent 10.00 (115%) 125% of the initial public offering price of a Unit), and may be exercised on a cashless basis. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in Common Stock contained within the Representative’s Units (the “Representative’s Rights”) and the Warrants included in Units, the Representative’s Units (the “Representative’s Warrants”) Warrants and the Ordinary Shares Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option Securities during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its designees) ), on the Closing Date Effective Date, an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 225,000 units (the “Representative’s Units”) for an aggregate purchase price of $100.00. Each of the Representative’s Units is identical to the Firm Units and the Warrants included in the Representative’s Units have an exercise price of $5.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing consummation of the a Business Combination, Combination or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years one year from the Effective Date and expiring on the day immediately prior to five-year anniversary of the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s Unit of $11.508.80, which is equal to one hundred and fifteen ten percent (115110%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) shares of Common Stock and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months year after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its their designees) on the Closing Effective Date an option (“Representative’s Purchase Option”"REPRESENTATIVE'S PURCHASE OPTION") for the purchase of an aggregate of 500,000 210,000 units (the “Representative’s Units”"REPRESENTATIVE'S UNITS") for an aggregate purchase price of $100.00. Each of the Representative's Units is identical to the Firm Units and the Warrants included in the Representative's Units have an exercise price of $7.50. The Representative’s 's Purchase Option shall be exercisable, in whole or in part, commencing on the later of the consummation of a Business Combination or eighteen (i) the closing of the Business Combination, or (ii) six (618) months from the Effective Date, Date and expiring on the earlier five-year anniversary of five (5) years from the Effective Date and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s 's Unit of $11.5011.00, which is equal to one hundred and fifteen ten percent (115110%) of the initial public offering price of a Unit. The Representative’s 's Purchase Option, the Representative’s 's Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) shares of Common Stock and the Warrants included in the Representative’s 's Units (the “Representative’s Warrants”"REPRESENTATIVE'S WARRANTS") and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s 's Warrants are hereinafter referred to collectively as the “Representative’s Securities"REPRESENTATIVE'S SECURITIES.” " The Public Securities and the Representative’s 's Securities are hereinafter referred to collectively as the “Securities"SECURITIES.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date" Maxim Group LLC _________________, as set forth in Section 3 2007 Page 5 of the Representative’s Purchase Option.50

Purchase Option. As additional consideration, the Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“Representative’s Purchase Option”) for the purchase of an aggregate of 500,000 250,000 (or up to 287,500 if the over-allotment option is exercised in full) units (the “Representative’s Units”) for an aggregate purchase price of $100.00. The Representative’s Purchase Option shall be exercisable, in whole or in part, commencing the later of (i) the closing of the Business Combination, or (ii) six (6) 12 months from the Effective Date, and expiring on the earlier of five (5) years from the Effective Date commencement of sales of the public offering and the day immediately prior to the day on which the Company and all of its successors have been dissolved, for cash or on a cashless basis, at an initial exercise price per Representative’s Unit of $11.50, which is equal to one hundred and fifteen percent (115%) of the initial public offering price of a Unit. The Representative’s Purchase Option, the Representative’s Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares issuable pursuant to the terms of the Representative’s Rights and the Representative’s Warrants are hereinafter referred to collectively as the “Representative’s Securities.” The Public Securities and the Representative’s Securities are hereinafter referred to collectively as the “Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during a period of 180 days immediately following the first six (6commencement of sales in this offering pursuant to Rule 5110(e)(1) months after the Effective Dateof FINRA’s Rules, as set forth in Section 3 of the Representative’s Purchase Option.

Purchase Option. As additional consideration, the The Company hereby agrees to issue and sell to the Representative (and/or its designees) on the Closing Date an option (“"Representative’s 's Purchase Option”") for the purchase of up to an aggregate of 500,000 300,000 units plus an additional number of units equal to five percent (5%) of the Option Units purchased by the Underwriters pursuant to Section 1.2 hereof up to a maximum of 345,000 units (the “"Representative’s 's Units”") for an aggregate purchase price of $100.00100. Each of the Representative's Units is identical to the Firm Units except that the Warrants included in the Representative's Units ("Representative's Warrants") have an exercise price of $7.98 (one hundred thirty percent (133%) of the exercise price of the Warrants included in the Firm Units sold to the public). The Representative’s 's Purchase Option shall be exercisable, in whole or in part, commencing on the later of (i) the closing of the Business Combination, or (ii) six (6) months from the Effective Date, and expiring on the earlier of five (5) years one year from the Effective Date and (ii) the day immediately prior to consummation of a Business Combination and expiring on the day on which five-year anniversary of the Company and all of its successors have been dissolved, for cash or on a cashless basis, Effective Date at an initial exercise price per Representative’s 's Unit of $11.5010.00, which is equal to one hundred and fifteen twenty five percent (115125%) of the initial public offering price of a Firm Unit. The Representative’s 's Purchase Option, the Representative’s 's Units, the Ordinary Shares, the Rights included in the Representative’s Units (the “Representative’s Rights”) 's Warrants and the Warrants included in the Representative’s Units (the “Representative’s Warrants”) and the Ordinary Shares shares of Common Stock issuable pursuant to the terms upon exercise of the Representative’s Rights and the Representative’s 's Warrants are hereinafter referred to collectively as the “"Representative’s 's Securities.” " The Public Securities and the Representative’s 's Securities are hereinafter referred to collectively as the “"Securities.” The Representative understands and agrees that there are significant restrictions against transferring the Representative’s Purchase Option during the first six (6) months after the Effective Date, as set forth in Section 3 of the Representative’s Purchase Option."