Innovative International Acquisition Corp. 24681 La Plaza Ste 300 Dana Point, CA 92629]Innovative International Acquisition Corp. • September 1st, 2021 • Blank checks • New York
This agreement (the “Agreement”) is entered into on April 17, 2021 by and between Innovative International Sponsor I LLC, a Delaware limited liability company (the “Subscriber” or “you”), and Innovative International Acquisition Corp., a Cayman Islands exempted company (the “Company”, “we” or “us”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 7,187,500 shares (the “Shares”) of Class B ordinary shares, $0.0001 par value per share (the “Class B Ordinary Shares”) up to 937,500 of which are subject to forfeiture by you if the underwriters of the initial public offering (“IPO”) of units of the Company (the “Units”), do not fully exercise their over-allotment option (the “Over-allotment Option”). The Company and the Subscriber’s agreements regarding such Shares are as follows:
