BUSINESS COMBINATION AGREEMENTBusiness Combination Agreement • October 24th, 2023 • Fortune Rise Acquisition Corp • Blank checks • Delaware
This BUSINESS COMBINATION AGREEMENT (this “Agreement”) is entered into as of October 24, 2023, by, between, and among Water on Demand, Inc., a Texas corporation (the “Company”), Fortune Rise Acquisition Corporation, a Delaware corporation (“FRLA”), and FRLA Merger Sub, Inc., a Delaware corporation and a wholly owned Subsidiary of FRLA (“Merger Sub”). FRLA, the Company, and the Merger Sub may be referred to herein as “Parties.” Capitalized terms used herein (including in the immediately preceding sentence) and not otherwise defined herein shall have the meanings set forth in Section 1.1 hereof.
SPONSOR LETTER AGREEMENTSponsor Letter Agreement • October 24th, 2023 • Fortune Rise Acquisition Corp • Blank checks
This SPONSOR LETTER AGREEMENT (this “Agreement”), dated as of October 24, 2023, is made by and among Fortune Rise Sponsor LLC, a Delaware limited liability company (the “Sponsor”), Fortune Rise Acquisition Corporation, a Delaware corporation (“FRLA”), and Water on Demand, Inc., a Texas corporation (the “Company”). The Sponsor, FRLA and the Company shall be referred to herein from time to time collectively as the “Parties” and individually as a “Party”. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Business Combination Agreement (as defined below).
