Ribbon Acquisition Corp 89 Nexus Way Camana Bay Grand Cayman KY1-9009 Cayman IslandsSecurities Subscription Agreement • August 28th, 2024 • Ribbon Acquisition Corp. • New York
This securities subscription agreement (this “Agreement”) is entered into on 12 August, 2024, by and between Ribbon Acquisition Corp, a Cayman Islands exempted company (the “Company”), and Ribbon Investment Company Ltd, a Cayman Islands exempted company (the “Subscriber” or “you”). Pursuant to the terms hereof, the Company is pleased to accept the Subscriber ’s subscription for and purchase of 1,437,500 Class B Ordinary Shares of US$0.0001 par value each (the “Shares”), up to 187,500 of which are subject to complete or partial forfeiture by you if the underwriters of the Company’s initial public offering (“IPO”) of units (“Units”) 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:
