Mercato Partners Acquisition Corporation Suite #500 Cottonwood Heights, Utah 84121 Attention: Greg Warnock Re: Initial Public Offering Ladies and Gentlemen:Underwriting Agreement • April 5th, 2021 • Mercato Partners Acquisition Corp • Blank checks • New York
This letter (this “Letter Agreement”) is being delivered to you in accordance with the Underwriting Agreement (the “Underwriting Agreement”) entered into or proposed to be entered into by and among Mercato Partners Acquisition Corporation, a Delaware corporation (the “Company”), and BofA Securities, Inc., as the representative (the “Representative”) of the several underwriters named therein (collectively, the “Underwriters”), relating to an underwritten initial public offering (the “Public Offering”) of up to 23,000,000 of the Company’s units (including up to 3,000,000 units that may be purchased to cover over-allotments, if any) (the “Units”), each comprised of one share of the Company’s Class A common stock, par value $0.0001 per share (“Common Stock”), and one-half of one redeemable warrant (each, a “Warrant”). Each whole Warrant entitles the holder thereof to purchase one share of Common Stock at a price of $11.50 per share, subject to adjustment. The Units will be sold in the Publ
