AF Acquisition Corp. Palm Beach, FL 33480Securities Subscription Agreement • February 25th, 2021 • AF Acquisition Corp. • Blank checks • New York
This agreement (the “Agreement”) is entered into on January 12, 2021 by and between AF Sponsor LLC, a Delaware limited liability company (the “Subscriber” or “you”), and AF Acquisition Corp., a Delaware corporation (the “Company”, “we” or “us”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 5,750,000 shares of Class B common stock, $0.0001 par value per share (the “Shares”), up to 750,000 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:
