Common Contracts

2 similar Subscription Agreement contracts by Vernal Capital Acquisition Corp.

Vernal Capital Acquisition Corp.
Subscription Agreement • August 21st, 2025 • Vernal Capital Acquisition Corp. • Blank checks • New York

This agreement (this “Agreement”) is entered into on July 31, 2025 by and between Vernal One Limited, a British Virgin Islands business company (the “Subscriber” or “you”), and Vernal Capital Acquisition Corp., a Cayman Islands exempted company (the “Company”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 1,466,250 shares of a nominal or par value of US$0.0001 each of the Company (the “Shares”), up to 191,250 of which are subject to surrender and cancellation 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:

Vernal Capital Acquisition Corp.
Subscription Agreement • August 21st, 2025 • Vernal Capital Acquisition Corp. • Blank checks • New York

This agreement (this “Agreement”) is entered into on July 31, 2025 by and between Xesse Ventures Limited, a British Virgin Islands business company (the “Subscriber” or “you”), and Vernal Capital Acquisition Corp., a Cayman Islands exempted company (the “Company”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 258,750 shares of a nominal or par value of US$0.0001 each of the Company (the “Shares”), up to 33,750 of which are subject to surrender and cancellation 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: