Common use of Placement Units Clause in Contracts

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd (“8i Pte”), an affiliate of 8i Holdings Limited, shall purchase from the Company, pursuant to the Subscription Agreements (as defined in Section 2.24.2 hereof) an aggregate of 221,250 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd Redwoods Capital LLC (“8i PteSponsor”), an affiliate of 8i Holdings Limited, ) and Chardan shall purchase from the Company, pursuant to the Subscription Agreements (as defined in Section 2.24.2 2.25.2 hereof) an aggregate of 221,250 477,500 placement units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit unit in a private placement (the “Private Placement”), of which 377,500 units will be purchased by the Sponsor (the “Sponsor Placement Units”) and 100,000 units will be purchased by Chardan (the “Chardan Placement Units,” and together with the Sponsor Placement Units, the “Placement Units”). The Placement Units, the Ordinary Sharesshares of Common Stock included in the Placement Units, the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) ), and the Ordinary Shares underlying shares of Common Stock issuable upon conversion of the Placement Rights and exercise of the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering Offering, except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, basis as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement Agreements and the Warrant Agreement (as defined in Section 2.22 2.24 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd Alphamade Holding LP (“8i PteAlphamade” or the “Sponsor”), an affiliate of 8i Holdings Limited, ) shall purchase from the Company, pursuant to the Subscription Agreements (as defined in Section 2.24.2 hereof) an aggregate of 221,250 370,500 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary SharesShares included in the Placement Units, the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Placement Units. Simultaneously with the Closingconsummation of the Offering, 8i Enterprises Pte Ltd Swipy Ltd. (the “8i PteSponsor”), an affiliate of 8i Holdings Limited, ) shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.25.2 hereof) an aggregate of 221,250 214,500 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), ) and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 2.24 hereof)). There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd (“8i Pte”), an affiliate certain of 8i Holdings Limited, the Company’s stockholders shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 2.23.2 hereof) an aggregate of 221,250 220,000 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary SharesClass A Shares included in the Placement Units, the Rights included in the Placement Units (the “Placement Rights”), ) and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Class A Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 hereof)). There Except as disclosed in the Registration Statement, there will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd Public Gold Marketing Sdn. Bhd, a Malaysian private limited company (the “8i PtePrivate Investor”), an affiliate of 8i Holdings Limited, shall purchase from the Company, pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 hereof2.24.2) an aggregate of 221,250 517,500 units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Sharesshares of Common Stock, the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) ), and the Ordinary Shares shares of Common Stock underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering Offering, except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, basis as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (each as defined in Section 2.22 hereofbelow)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd Double Ventures Holdings Limited, the sponsor of the Company (the “8i PteSponsor”), an affiliate of 8i Holdings Limited, Xxx Xxx and Xxxxx Xxxx (the “Anchor Investors”) and I-Bankers shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 hereof) an aggregate of 221,250 323,750 units (the “Placement Units”) (of which 275,000 Placement Units will be purchased by the Sponsor and the Anchor Investors, and 00,000 Xxxxxxxxx Units will be purchased by I-Bankers) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, Units and the Ordinary Shares, the Rights included in securities underlying the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each The Placement Unit Units shall be identical to the Units sold in the Offering except that the warrants included in the Placement Warrants Units shall be (i) non-redeemable by the Company Company, and (ii) may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants warrants continue to be held by the initial purchasers of the Placement Warrants Units or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd the Sponsor (“8i Pte”), an affiliate of 8i Holdings Limited, as hereinafter defined) shall purchase from the Company, pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 hereof) an aggregate of 221,250 300,000 units (or 330,000 units if the Over-allotment Option is exercised in full) (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Shares, the Rights included in the Placement Units (the “Placement Rights”), the Ordinary Shares and the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants Sponsor or their its permitted transferees (as described in the Subscription Agreement Insider Letter (as defined in Section 2.24.1 hereof) and the Warrant Agreement (as defined in Section 2.22 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd Public Gold Marketing Sdn. Bhd, a Malaysian private limited company (the “8i PtePrivate Investor”), an affiliate of 8i Holdings Limited, shall purchase from the Company, pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 hereof2.24.2) an aggregate of 221,250 [●] units (the “Placement Units”) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, the Ordinary Sharesshares of Common Stock, the Rights included in the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) ), and the Ordinary Shares shares of Common Stock underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each Placement Unit shall be identical to the Units sold in the Offering Offering, except that the Placement Warrants shall be non-redeemable by the Company and may be exercised for cash or on a cashless basis, basis as described in the Prospectus, in each case so long as the Placement Warrants continue to be held by the initial purchasers of the Placement Warrants or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (each as defined in Section 2.22 hereofbelow)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.

Placement Units. Simultaneously with the Closing, 8i Enterprises Pte Ltd Double Ventures Holdings Limited, the sponsor of the Company (the “8i PteSponsor”), an affiliate of 8i Holdings Limited, Hua Mao and Xxxxx Xxxx (the “Anchor Investors”) and I-Bankers shall purchase from the Company, Company pursuant to the Subscription Agreements Agreement (as defined in Section 2.24.2 hereof) an aggregate of 221,250 323,750 units (the “Placement Units”) (of which 275,000 Placement Units will be purchased by the Sponsor and the Anchor Investors, and 48,750 Placement Units will be purchased by I-Bankers) at a purchase price of $10.00 per Placement Unit in a private placement (the “Private Placement”). The Placement Units, Units and the Ordinary Shares, the Rights included in securities underlying the Placement Units (the “Placement Rights”), the Warrants included in the Placement Units (the “Placement Warrants”) and the Ordinary Shares underlying the Placement Rights and the Placement Warrants are hereinafter referred to collectively as the “Placement Securities.” Each The Placement Unit Units shall be identical to the Units sold in the Offering except that the warrants included in the Placement Warrants Units shall be (i) non-redeemable by the Company Company, and (ii) may be exercised for cash or on a cashless basis, as described in the Prospectus, in each case so long as the Placement Warrants warrants continue to be held by the initial purchasers of the Placement Warrants Units or their permitted transferees (as described in the Subscription Agreement and the Warrant Agreement (as defined in Section 2.22 hereof)). There will be no placement agent in the Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Placement Securities.