Able Brands Co. New York, NY 10001 February 26, 2021Able Brands Co. • March 12th, 2021 • New York
This agreement (this “Agreement”) is entered into on February 26, 2021 by and between Able Brands Management LLC, a Delaware limited liability company (the “Subscriber” or “you”), and Able Brands Co., a Cayman Islands exempted company and blank check company (the “Company”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 6,250,000 Class B ordinary shares, $0.0001 par value per share (the “Shares”), up to 625,000 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:
