Company: EMCRF
Filing Date: 2025-07-28
Form Type: DEF 14A
Source: 0001641172-25-021158
Chunk: 62

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-07-28
Form: DEF 14A
Chunk 62
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daq Stock Market LLC, the NYSE American LLC or The New York Stock Exchange LLC or any OTC market on which the Shares are listed for trading.

Electronichas the meaning given to that term in the Electronic Transactions Act (Revised).

Electronic Recordhas the meaning given to that term in the Electronic Transactions Act (Revised).

Electronic Signaturehas the meaning given to that term in the Electronic Transactions Act (Revised).

Exchange Actmeans the United States Securities Exchange Act of 1934, as amended.

Foundersmeans all Members immediately prior to the consummation of the IPO.

Fully Paidand Paid Up:

| (a) | in                                                                                                                                  
 relation to a Share with par value, means that the par value for that Share and any premium payable in respect of the issue of that 
 Share, has been fully paid or credited as paid in money or money’s worth;                                                           |

| (b) | in                                                                                                                                 
 relation to a Share without par value, means that the agreed issue price for that Share has been fully paid or credited as paid in 
 money or money’s worth.                                                                                                            |

Independent Directormeans a director who is an independent director as defined in the rules and regulations of the Designated Stock Exchange as determined by the directors.

Investor Groupmeans the Sponsor and its Affiliates, successors and assigns.

IPOmeans the Company’s initial public offering of securities.

IPO Redemptionhas the meaning given to it in Article 37.6.

Islandsmeans the British Overseas Territory of the Cayman Islands.

Membermeans any person or persons entered on the Register of Members from time to time as the holder of a Share.

| Annex C-12 |

Memorandummeans the Amended and Restated Memorandum of Association of the Company as amended, restated, supplemented and/or otherwise modified from time to time.

Nominating Committeemeans the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

Officermeans a person then appointed to hold an office in the Company; and the expression includes a director, alternate director or liquidator.

Ordinary Resolutionmeans a resolution of a duly constituted general meeting of the Company passed by a simple majority of the votes cast by, or on behalf of, the Members entitled to vote thereon. The expression also includes a unanimous written resolution.

Over-Allotment Optionmeans the option of the Underwriters to purchase up to an additional 15% of the firm units (as described at Article