Ascendant Mobility Acquisition Corp I New York, NY 10065Securities Subscription Agreement • May 3rd, 2021 • Ascendant Mobility Acquisition Corp I • New York
This agreement (the “Agreement”) is entered into on February 23, 2021 by and between Ascendant Mobility Sponsor LP, a Cayman Islands limited partnership (the “Subscriber” or “you”), and Ascendant Mobility Acquisition Corp I, a Cayman Islands exempted company (the “Company,” “we” or “us”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to subscribe for and purchase 8,625,000 Class B ordinary shares of $0.0001 par value per share (the “Shares”), up to 1,125,000 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:
