Jackson Acquisition Company Alpharetta, GA 30009Securities Subscription Agreement • March 25th, 2021 • Jackson Acquisition Co • New York
Contract Type FiledMarch 25th, 2021 Company JurisdictionJackson Acquisition Company, a Delaware corporation (the “Company”), is pleased to accept the offer RJ Healthcare SPAC, LLC, a Delaware limited liability company (the “Subscriber” or “you”), has made to purchase 8,625,000 shares of the Company’s Class B common stock (the “Shares”), $0.0001 par value per share (the “Class B Common Stock”), up to 1,125,000 Shares of which are subject to complete or partial forfeiture by you if the underwriters of the initial public offering (“IPO”) of the Company, do not fully exercise their over-allotment option (the “Over-allotment Option”). For the purposes of this Agreement, references to “Common Stock,” are to, collectively, the Class B Common Stock and the Company’s Class A common stock, $0.0001 par value per share (the “Class A Common Stock”). Pursuant to the Company’s certificate of incorporation, as amended to the date hereof (the “Charter”), shares of Class B Common Stock will convert into shares of Class A Common Stock on a one-for-one basis,