Greencity Acquisition Corporation PO Box 309, Ugland House Grand Cayman KY1-1104 Cayman Islands February 21, 2019Greencity Acquisition Corp • June 19th, 2020 • Blank checks • New York
Greencity Acquisition Corporation, a Cayman Islands exempted company (the “Company”), is pleased to accept the offer Cynthia Management Corporation, a British Virgin Islands business company (the “Subscriber” or “you”), has made to subscribe for and purchase 1,150,000 ordinary shares (the “Shares”), $0.0001 par value per share (the “Ordinary Shares”), up to 150,000 of which are subject to complete or partial forfeiture by you if the underwriters of the Company’s initial public offering (“IPO”) of units (“Units”) do not fully exercise their over-allotment option (the “Over-allotment Option”). The terms (this “Agreement”) on which the Company is willing to sell the Shares to the Subscriber, and the Company and the Subscriber’s agreements regarding such Shares, are as follows:
