Contract1.12 Acquisition Corp • March 3rd, 2021 • New York
This agreement (the “Agreement”) is entered into on February 15, 2021 by and between BGPT 1.12 LP, a Cayman Islands exempted limited partnership (the “Subscriber” or “you”), and 1.12 Acquisition Corp., a Cayman Islands exempted company (the “Company”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 5,366,667 Class B ordinary shares, $0.0001 par value per share, of the Company (the “Class B Shares”), and 8,050,000 Class C ordinary shares, $0.0001 par value per share, of the Company (the “Class C Shares” and, together with the Class B Shares, the “Shares”), up to which 700,000 Class B Shares and 1,050,000 Class C Shares are subject to surrender and cancellation by you if the underwriters of the initial public offering (the “IPO”) of units (the “Units”) of the Company do not fully exercise their over-allotment option (the “Over-allotment Option”).
