Company: SDHIU
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001213900-25-104714
Chunk: 69

Company: Siddhi Acquisition Corp (Cayman Islands)
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 8
Chunk 69
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 Prior to the consummation of the initial Business Combination,
only holders of the Class B ordinary shares will (i) have the right to vote on the appointment and removal of directors. Holders
of the Class A ordinary shares will not be entitled to vote on these matters during such time. These provisions of the amended and
restated memorandum and articles of association may only be amended if approved by a special resolution passed by the affirmative vote
of at least 90% (or, where such amendment is proposed in respect of the consummation of the initial Business Combination, two-thirds)
of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable
general meeting of the Company.

Rights

Except in cases where the Company is not the surviving
company in a Business Combination, each holder of a right will automatically receive one tenth (1/10) of one Class A ordinary
share upon consummation of the initial Business Combination, even if the holder of a Public Right redeemed all Class A ordinary shares
held by him, her or it in connection with the initial Business Combination or an amendment to the amended and restated memorandum and
articles of association with respect to pre-initial Business Combination activities. In the event the Company will not be the surviving
company upon completion of the initial Business Combination, each holder of a right will be required to affirmatively convert his, her
or its rights in order to receive the one tenth (1/10) of one ordinary share underlying each right upon consummation of the
Business Combination. No additional consideration will be required to be paid by a holder of rights in order to receive his, her or its
additional Class A ordinary shares upon consummation of an initial Business Combination. The Class A ordinary shares issuable upon conversion
of the rights will be freely tradable (except to the extent held by affiliates of the Company). If the Company enters into a definitive
agreement for a Business Combination in which it will not be the surviving entity, the definitive agreement will provide for the holders
of rights to receive the same consideration per ordinary share the holders of the Class A ordinary shares will receive in the transaction
on an as-converted into Class A ordinary shares basis.

The Company will not issue fractional Class A
ordinary shares in connection with an exchange of rights. Fractional shares will either be rounded down to the nearest whole share or
otherwise addressed in accordance with