WARRANT AGREEMENT between GLOBAL ROBOTIC DRONE ACQUISITION CORP. and CONTINENTAL STOCK TRANSFER & TRUST COMPANYWarrant Agreement • February 2nd, 2022 • Global Robotic Drone Acquisition Corp. • New York
This Warrant Agreement (this “Agreement”), is made as of [__], 2022, between Global Robotic Drone Acquisition Corp., a Delaware corporation (the “Company”), and Continental Stock Transfer & Trust Company, a limited purpose trust company, as warrant agent (in such capacity, the “Warrant Agent”).
GLOBAL ROBOTIC DRONE ACQUISITION CORP.Global Robotic Drone Acquisition Corp. • February 2nd, 2022 • Delaware
This agreement (the “Agreement”) is entered into on January 5, 2022 by and between Global Robotic Drone LLC, a Delaware limited liability company (the “Subscriber” or “you”), and Global Robotic Drone Acquisition Corp., a Delaware corporation (the “Company,” “we” or “us”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 2,875,000 shares of Class B common stock, $0.0001 par value per share (the “Shares”), up to 375,000 of which are subject to forfeiture by you if the underwriters of the initial public offering (“IPO”) of units (“Units”) of the Company, 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:
