Common use of Purchase and Sale of the Private Placement Units Clause in Contracts

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units (or 316,250 private placement units if the underwriter’s over-allotment option is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 (or $3,162,500 if the underwriter’s over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units 400,000 Private Placement Units (or 316,250 private placement units up to 430,000 Private Placement Units if the underwriter’s underwriters’ over-allotment option is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 4,000,000 (or $3,162,500 4,300,000 if the underwriter’s underwriters’ over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units 500,000 Private Placement Units (or 316,250 575,000 private placement units if the underwriter’s over-allotment option is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 5,000,000 (or $3,162,500 5,750,000 if the underwriter’s over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units 400,000 Private Placement Units (or 316,250 up to 430,000 private placement units if the underwriter’s over-allotment option in connection with the Public Offering is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 (4,000,000, or up to $3,162,500 if 4,300,000 to the underwriter’s extent the over-allotment option in connection with the Public Offering is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units 440,000 Private Placement Units (or 316,250 477,500 private placement units if the underwriter’s over-allotment option in connection with the Public Offering is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 (4,400,000, or $3,162,500 4,775,000 if the underwriter’s over-allotment option in connection with the Public Offering is exercised in full) full (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units 365,000 Private Placement Units (or 316,250 380,750 private placement units if the underwriter’s over-allotment option in connection with the Public Offering is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 (3,650,000, or $3,162,500 3,807,500 if the underwriter’s over-allotment option in connection with the Public Offering is exercised in full) full (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On Upon the terms and subject to the conditions of this Agreement, on the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell Purchaser hereby agrees to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units and the Company hereby agrees to sell to the Purchaser 364,750 Private Placement Units (or 316,250 private placement units up to 391,000 Private Placement Units if the underwriter’s underwriters’ over-allotment option is exercised in full) at a price per unit of $10.00 per unit for an aggregate purchase price of $2,750,000 3,647,500 (or $3,162,500 3,921,500 if the underwriter’s underwriters’ over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Initial Closing Date, upon the payment by the Purchaser of the Purchase Price, the CompanyCompany shall, at its option, shall deliver a certificate evidencing to the Purchaser the certificates representing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units 397,500 Private Placement Units (or 316,250 private placement units 403,125 Private Placement Units if the underwriter’s underwriters’ over-allotment option is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 3,975,000 (or $3,162,500 4,031,250 if the underwriter’s underwriters’ over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 350,000 private placement units (or 316,250 372,500 private placement units if the underwriter’s over-allotment option is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 3,500,000 (or $3,162,500 3,725,000 if the underwriter’s underwriters’ over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On Upon the terms and subject to the conditions of this Agreement, on the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell Purchaser hereby agrees to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units (or 316,250 private placement units if and the underwriter’s over-allotment option is exercised in full) Company hereby agrees to sell to the Purchaser 479,500 Private Placement Units at a price per unit of $10.00 per unit for an aggregate purchase price of $2,750,000 4,795,000 (or up to 524,050 Private Placement Units for a purchase price of $3,162,500 5,240,500 if the underwriter’s underwriters’ over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the CompanyCompany shall, at its option, shall deliver a certificate evidencing to the Purchaser the certificates representing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On Upon the terms and subject to the conditions of this Agreement, on the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), Purchaser hereby agrees to purchase from the Company, and the Company shall issue and hereby agrees to sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units (or 316,250 private placement units if the underwriter’s over-allotment option is exercised in full) 350,000 Private Placement Units at a price per unit of $10.00 per unit for an aggregate purchase price of $2,750,000 3,500,000 (or up to 372,500 Private Placement Units for an aggregate purchase price of $3,162,500 3,725,000 if the underwriter’s over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the CompanyCompany shall, at its option, shall deliver a certificate evidencing to the Purchaser the certificates representing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units 400,000 Private Placement Units (or 316,250 430,000 private placement units if the underwriter’s over-allotment option in connection with the Public Offering is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 (4,000,000, or $3,162,500 4,300,000 if the underwriter’s over-allotment option in connection with the Public Offering is exercised in full) full (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On Upon the terms and subject to the conditions of this Agreement, on the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell Purchaser hereby agrees to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units (or 316,250 private placement units if and the underwriter’s over-allotment option is exercised in full) Company hereby agrees to sell to the Purchaser 345,000 Private Placement Units at a price per unit of $10.00 per unit for an aggregate purchase price of $2,750,000 3,450,000 (or 367,500 Private Placement Units for an aggregate purchase price of $3,162,500 3,675,000 if the underwriter’s underwriters’ over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the CompanyCompany shall, at its option, shall deliver a certificate evidencing to the Purchaser the certificates representing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On Upon the terms and subject to the conditions of this Agreement, on the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), Purchaser hereby agrees to purchase from the Company, and the Company shall issue and hereby agrees to sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units (or 316,250 private placement units if the underwriter’s over-allotment option is exercised in full) 375,000 Private Placement Units at a price per unit of $10.00 per unit for an aggregate purchase price of $2,750,000 3,750,000 (or up to 401,250 Private Placement Units for an aggregate purchase price of $3,162,500 4,012,500 if the underwriter’s over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the CompanyCompany shall, at its option, shall deliver a certificate evidencing to the Purchaser the certificates representing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 200,000 private placement units (or 316,250 230,000 private placement units if the underwriter’s over-allotment option is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 2,000,000 (or $3,162,500 2,300,000 if the underwriter’s over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 250,000 private placement units (or 316,250 287,500 private placement units if the underwriter’s underwriters’ over-allotment option is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 2,500,000 (or $3,162,500 2,875,000 if the underwriter’s underwriters’ over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units 450,000 Private Placement Units (or 316,250 private placement units up to 487,500 Private Placement Units if the underwriter’s underwriters' over-allotment option is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 4,500,000 (or $3,162,500 4,875,000 if the underwriter’s underwriters' over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On Upon the terms and subject to the conditions of this Agreement, on the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), Purchaser hereby agrees to purchase from the Company, and the Company shall issue and hereby agrees to sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units (or 316,250 private placement units if the underwriter’s over-allotment option is exercised in full) 300,000 Private Placement Units at a price per unit of $10.00 per unit for an aggregate purchase price of $2,750,000 3,000,000 (or up to 322,500 Private Placement Units for an aggregate purchase price of $3,162,500 3,225,000 if the underwriter’s over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the CompanyCompany shall, at its option, shall deliver a certificate evidencing to the Purchaser the certificates representing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units 537,500 Placement Units (or 316,250 private placement units up to 550,625 Placement Units if the underwriter’s underwriters’ over-allotment option is exercised in fullexercised) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 5,375,000 (or up to $3,162,500 5,506,250 if the underwriter’s underwriters’ over-allotment option is exercised in fullexercised) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On Upon the terms and subject to the conditions of this Agreement, on the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell Purchaser hereby agrees to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units and the Company hereby agrees to sell to the Purchaser 340,000 Private Placement Units (or 316,250 private placement units up to 362,500 Private Placement Units if the underwriter’s underwriters’ over-allotment option is exercised in full) at a price per unit of $10.00 per unit for an aggregate purchase price of $2,750,000 3,400,000 (or $3,162,500 3,625,000 if the underwriter’s underwriters’ over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Initial Closing Date, upon the payment by the Purchaser of the Purchase Price, the CompanyCompany shall, at its option, shall deliver a certificate evidencing to the Purchaser the certificates representing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units 362,500 Placement Units (or 316,250 private placement units up to 390,625 Placement Units if the underwriter’s underwriters’ over-allotment option is exercised in fullexercised) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 3,625,000 (or up to $3,162,500 3,906,250 if the underwriter’s underwriters’ over-allotment option is exercised in fullexercised) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units 380,000 Private Placement Units (or 316,250 private placement units up to 407,000 Private Placement Units if the underwriter’s underwriters’ over-allotment option is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 3,800,000 (or $3,162,500 4,070,000 if the underwriter’s underwriters’ over-allotment option is exercised in full) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.

Purchase and Sale of the Private Placement Units. (i) On the date of the consummation of the Public Offering or on such earlier time and date as may be mutually agreed by the Purchaser and the Company (the “Closing Date”), the Company shall issue and sell to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 275,000 private placement units 537,500 Placement Units (or 316,250 private placement units up to 552,600 Placement Units if the underwriter’s underwriters’ over-allotment option is exercised in fullexercised) at a price of $10.00 per unit for an aggregate purchase price of $2,750,000 5,375,000 (or up to $3,162,500 5,526,000 if the underwriter’s underwriters’ over-allotment option is exercised in fullexercised) (the “Purchase Price”), which shall be paid by wire transfer of immediately available funds to the Company at least one business day prior to the Closing Date in accordance with the Company’s wiring instructions. On the Closing Date, upon the payment by the Purchaser of the Purchase Price, the Company, at its option, shall deliver a certificate evidencing the Private Placement Units purchased by the Purchaser on such date duly registered in the Purchaser’s name to the Purchaser, or effect such delivery in book-entry form.