FORTUNE RISE ACQUISITION CORPORATION Metuchen, NJ 08840Securities Purchase Agreement • March 12th, 2021 • Fortune Rise Acquisition Corp • Blank checks • New York
We are pleased to accept the offer you (the “Subscriber”) have made to purchase 2,443,750 shares (the “Shares”) of common stock, par value $0.0001 per share (the “Common Stock”) in ourselves, Fortune Rise Acquisition Corporation, a Delaware corporation (the “Company”), among which, up to 318,750 shares of Common Stock are subject to forfeiture pending the exercise of the over-allotment option granted to the underwriter in connection with the initial public offering of the Company. The terms on which the Company is willing to sell the Shares to the Subscriber pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”), and the Company and the Subscriber’s agreements regarding such Shares, are as follows:
