EMBRACE CHANGE ACQUISITION CORP. UNDERWRITING AGREEMENTUnderwriting Agreement • August 12th, 2022 • Embrace Change Acquisition Corp. • Blank checks • New York
Embrace Change Acquisition Corp., a Cayman Islands exempted company (the “Company”), hereby confirms its agreement with EF Hutton, division of Benchmark Investments, LLC (the “Representative”), as representative of the several underwriters named on Schedule A hereto (the “Underwriters” or, each underwriter individually, an “Underwriter”), as follows:
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • August 12th, 2022 • Embrace Change Acquisition Corp. • Blank checks • New York
THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is entered into as of August 9, 2022, by and among Embrace Change Acquisition Corp., a Cayman Islands exempted company (the “Company”), and the undersigned parties listed under Investors on the signature page hereto (each, an “Investor” and collectively, the “Investors”).
WARRANT AGREEMENTWarrant Agreement • August 12th, 2022 • Embrace Change Acquisition Corp. • Blank checks • New York
This WARRANT AGREEMENT (this “Agreement”) is made as of August 9, 2022 between Embrace Change Acquisition Corp., a Cayman Islands exempted company with limited liability, with offices at 5186 Carroll Canyon Rd, San Diego, CA 92121 (“Company”), and Continental Stock Transfer & Trust Company, a New York limited purpose trust company, with offices at 1 State Street, New York, New York 10004, as warrant agent (“Warrant Agent”).
INDEMNIFICATION AGREEMENTIndemnification Agreement • August 12th, 2022 • Embrace Change Acquisition Corp. • Blank checks • New York
This Agreement, made and entered into effective as of August 9, 2022 (“Agreement”), by and between Embrace Change Acquisition Corp., a Cayman Islands exempted company (“Company”), and the undersigned indemnitee (“Indemnitee”).
UNIT SUBSCRIPTION AGREEMENTUnit Subscription Agreement • August 12th, 2022 • Embrace Change Acquisition Corp. • Blank checks • New York
This UNIT SUBSCRIPTION AGREEMENT (this “Agreement”) is made as of this August 9, 2022, by and between Embrace Change Acquisition Corp., a Cayman Islands exempted company (the “Company”), having its principal place of business at 5186 Carroll Canyon Rd, San Diego, CA 92121, and Wuren Fubao Inc., a Cayman Islands exempted company (the “Purchaser”).
Embrace Change Acquisition Corp. 5186 Carroll Canyon Rd San Diego, CA 92121 August 9, 2022Underwriting Agreement • August 12th, 2022 • Embrace Change Acquisition Corp. • Blank checks • New York
This letter (“Letter Agreement”) is being delivered to you in accordance with the Underwriting Agreement (the “Underwriting Agreement”) entered into by and between Embrace Change Acquisition Corp., a Cayman Islands exempted company (the “Company”), and EF Hutton, division of Benchmark Investments, LLC as representative (the “Representative”) of the several underwriters named in Schedule I thereto (the “Underwriters”), relating to an underwritten initial public offering (the “IPO”) of the Company’s units (the “Units”), each Unit comprised of one ordinary share of the Company, par value $0.0001 (the “Ordinary Shares”), one warrant, each whole warrant exercisable for one Ordinary Share (each, a “Warrant”), and one right to receive one-eighth (1/8) of one Ordinary Share (each, a “Right”). Certain capitalized terms used herein are defined in paragraph 12 hereof.
INVESTMENT MANAGEMENT TRUST AGREEMENTInvestment Management Trust Agreement • August 12th, 2022 • Embrace Change Acquisition Corp. • Blank checks • New York
This Agreement is made as of August 9, 2022 by and between Embrace Change Acquisition Corp. (the “Company”) and Continental Stock Transfer & Trust Company, a New York limited purpose trust company (the “Trustee”).
Embrace Change Acquisition Corp.Administrative Support Agreement • August 12th, 2022 • Embrace Change Acquisition Corp. • Blank checks • New York
This letter agreement by and between Embrace Change Acquisition Corp. (the “Company”) and ARC Group Limited (“ARC”), dated as of the date hereof, will confirm our agreement that, commencing on the date the securities of the Company are first listed on The Nasdaq Global Market (the “Listing Date”), pursuant to two Registration Statements on Form S-1 and prospectus filed with the U.S. Securities and Exchange Commission (collectively the “Registration Statement”) and continuing until the earlier of the consummation by the Company of an initial business combination or the Company’s liquidation (in each case as described in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”):
RIGHTS AGREEMENTRights Agreement • August 12th, 2022 • Embrace Change Acquisition Corp. • Blank checks • New York
This Rights Agreement (this “Agreement”) is made as of August 9, 2022 between Embrace Change Acquisition Corp., a Cayman Islands exempted company with limited liability, with offices at 5186 Carroll Canyon Rd, San Diego, CA 92121 (the “Company”), and Continental Stock Transfer & Trust Company, a New York limited liability trust company, with offices at 1 State Street, 30th Floor, New York, NY 10004 (the “Right Agent”).
