Common use of Additional Placement Warrants Clause in Contracts

Additional Placement Warrants. Simultaneously with the closing of the Over-allotment Option, the Sponsor shall purchase from the Company in a private placement (the “Additional Private Placement”) pursuant to the Private Placement Warrant Purchase Agreement an additional number of Placement Warrants (up to a maximum of 300,000 additional Placement Warrants) (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant. There will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Warrants.

Additional Placement Warrants. Simultaneously with the closing of the Over-allotment Option, the Sponsor shall purchase from the Company in a private placement (the “Additional Private Placement”) pursuant to the Private Placement Warrant Purchase Agreement an additional number of Placement Warrants (up to a maximum of 300,000 390,000 additional Placement Warrants) (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant. There will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Warrants.

Additional Placement Warrants. Simultaneously with the closing of the Over-allotment Option, the Sponsor shall purchase from the Company in a private placement (the “Additional Private Placement”) pursuant to the Private Placement Warrant Purchase Agreement an additional number of Placement Warrants (up to a maximum of 300,000 240,075 additional Placement Warrants) (the “Additional Placement Warrants”), at a purchase price of $1.00 per Additional Placement Warrant. There will be no placement agent in the Additional Private Placement and no party shall be entitled to a placement fee or expense allowance from the sale of the Additional Placement Warrants.