Company: EMCRF
Filing Date: 2025-07-28
Form Type: DEF 14A
Source: 0001641172-25-021158
Chunk: 63

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-07-28
Form: DEF 14A
Chunk 63
---
 3.4) issued in the IPO at a price equal to US$10.00 per unit, less underwriting discount and commissions.

Public Sharemeans a Share issued as part of the units (as described in Article 3.4) issued in the IPO.

Redemption Pricehas the meaning given to it in Article 37.6.

Register of Membersmeans the register of Members maintained in accordance with the Act and includes (except where otherwise stated) any branch or duplicate register of Members.

Representativemeans a representative of the Underwriters.

SECmeans the United States Securities and Exchange Commission.

Secretarymeans a person appointed to perform the duties of the secretary of the Company, including a joint, assistant or deputy secretary.

Sharemeans a share in the share capital of the Company; and the expression:

| (a) | includes                                                                                 
 stock (except where a distinction between shares and stock is expressed or implied); and |

| (b) | where                                                     
 the context permits, also includes a fraction of a share. |

Special Resolutionhas the meaning given to that term in the Act; and the expression includes a unanimous written resolution.

Sponsormeans Wuren Fubao Inc., an exempted company incorporated under the laws of the Cayman Islands.

Target Businessmeans any businesses or entity with whom the Company wishes to undertake a Business Combination.

Tax Filing Authorised Personmeans such person as any director shall designate from time to time, acting severally.

Treasury Sharesmeans Shares of the Company held in treasury pursuant to the Act and Article 3.14.

Trust Accountmeans the trust account established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO, together with a certain amount of the proceeds of a private placement of warrants simultaneously with the closing date of the IPO, will be deposited.

Underwritermeans an underwriter of the IPO from time to time, and any successor underwriter.

| Annex C-13 |

Interpretation

| 1.2 | In                                                                                                          
 the interpretation of these Articles, the following provisions apply unless the context otherwise requires: |

| (a) | A                                                                                                                              
 reference in these Articles to a statute is a reference to a statute of the Islands as known by its short title, and includes: |

| (i) | any                                                    
 statutory modification, amendment or re-enactment; and |

| (ii) | any                                                               
 subordinate legislation or regulations issued under that statute. |

Without limitation