Galata Acquisition Corp.Securities Purchase Agreement • April 2nd, 2021 • Galata Acquisition Corp. • New York
We are pleased to accept the offer you (the “Subscriber”) have made to purchase an aggregate of 3,593,750 Class B ordinary shares (the “Founder Shares”) of par value $0.0001 per share, up to 468,750 of which Founder Shares are subject to complete or partial forfeiture (the “forfeiture”) if the underwriters of the initial public offering (“IPO”) of Galata Acquisition Corp., a Cayman Islands exempted company (the “Company”) do not fully exercise their over-allotment option (the “Over-allotment Option”). For the purposes of this Agreement (this “Agreement”), references to “Ordinary Shares” are to, collectively, the Class B ordinary shares of the Company, including the Founder Shares, and the Class A ordinary shares of the Company, $0.0001 par value per share (the “Class A Ordinary Shares”). Pursuant to the Company’s memorandum and articles of association (the “Articles”), the Founders Shares will automatically convert into Class A Ordinary Shares, upon the terms and conditions set forth i
