UNIT SUBSCRIPTION AGREEMENTUnit Subscription Agreement • August 17th, 2015 • Pacific Special Acquisition Corp. • Virgin Islands
This UNIT SUBSCRIPTION AGREEMENT (this “Agreement”) is made as of this 12th day of August, 2015, by and between Pacific Special Acquisition Corp., a British Virgin Islands business company (the “Company”), having its principal place of business at 40 Wall Street, 28th Floor, New York, New York, 10015, and EarlyBirdCapital, Inc. (the “Purchaser”).
Pacific Special Acquisition Corp. New York, NY 10005Securities Purchase Agreement • August 17th, 2015 • Pacific Special Acquisition Corp. • Virgin Islands
We are pleased to accept the offer you (the “Subscriber”) have made to purchase an aggregate of 1,407,500 ordinary shares (the “Shares”) of no par value per share (the “Ordinary Shares”), up to 187,500 of which Shares are subject to complete or partial forfeiture (the “forfeiture”) by you if the underwriters of the initial public offering (“IPO”) of Pacific Special Acquisition Corp., a British Virgin Islands company (the “Company”) do not fully exercise their over-allotment option (the “Over-allotment Option”). The terms on which the Company is willing to sell the Shares to the Subscriber, and the Company and the Subscriber’s agreements regarding such Shares, are as follows:
