10,000,000 Units ANDINA ACQUISITION CORP. III UNDERWRITING AGREEMENTUnderwriting Agreement • January 4th, 2019 • Andina Acquisition Corp. III • Blank checks • New York
The Public Shares, the Public Rights and the Public Warrants included in the Firm Units and any Optional Units will not be separately tradable until the 52nd day after the date hereof unless the Representative informs the Company of its decision to allow earlier separate trading, subject to the Company filing a Current Report on Form 8-K with the U.S. Securities and Exchange Commission (the “Commission”) containing an audited balance sheet reflecting the Company’s receipt of gross proceeds from the initial public offering contemplated by this Agreement (the “Offering”) and issuing a press release announcing when such separate trading will begin. Each Public Right entitles its holder to receive one-tenth (1/10) of one Ordinary Share upon consummation of an initial Business Combination (as defined below); provided that no fractional Ordinary Shares shall be issued in respect of the Public Rights. Each Public Warrant entitles its holder to purchase one Ordinary Share for $11.50 per share
COWEN AND COMPANY, LLC 599 Lexington Avenue, 25th Floor New York, NY 10022Advisory Agreement • January 4th, 2019 • Andina Acquisition Corp. III • Blank checks • New York
