Company: EMCRF
Filing Date: 2025-07-17
Form Type: PRE 14A
Source: 0001641172-25-020063
Chunk: 45

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-07-17
Form: PRE 14A
Chunk 45
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 with the Extraordinary General Meeting.

Redemption Rights

In connection with the Extension Amendment Proposal and contingent upon the effectiveness of the implementation of the Extension, each public shareholder may seek to redeem its Public Shares for a pro rata portion of the funds available in the Trust Account, less any taxes owed on such funds but not yet paid. If you exercise your redemption rights, you will be exchanging your Public Shares for cash and will no longer own the shares.

| 24 |

In order to exercise your redemption rights, you must:

| ● | if                                                                                                                               
 you hold units, separate the underlying Public Shares, public warrants and public rights;                                        |
| ● | on                                                                                                                               
 or before two business days before the Extraordinary General Meeting, tender your shares physically or electronically and submit 
 a request in writing that Embrace Change redeem your Public Shares for cash to the Trustee, at the following address:            |

<div align='center'>Continental Stock Transfer & Trust Company, LLC
1 State Street, 30 thFloor
New York, NY 10004
Attn: SPAC Redemption Team
Email: spacredemptions@continentalstock.com</div>

and

| ● | deliver                                                                                                                      
 your Public Shares either physically or electronically through DTC’s DWAC system to the transfer agent at least two business 
 days before the Extraordinary General Meeting.                                                                               |

Shareholders seeking to exercise their redemption rights and opting to deliver physical certificates should allot sufficient time to obtain physical certificates from the transfer agent and time to effect delivery. Shareholders should generally allot at least two (2) weeks to obtain physical certificates from the transfer agent. However, it may take longer than two weeks. Shareholders who hold their shares in street name will have to coordinate with their bank, broker or other nominee to have the shares certificated or delivered electronically. If you do not submit a written request and deliver your Public Shares as described above, your shares will not be redeemed.

Shareholders seeking to exercise their redemption rights, whether they are record holders or hold their shares in “street name” are required to either tender their certificates to the transfer agent prior to the date set forth in this proxy statement, or up to two business days prior to the vote on the proposal to approve the Extension Amendment Proposal at the Extraordinary General Meeting, or to deliver their shares to the transfer agent electronically using DTC’s DWAC system, at such shareholder’s option.

Holders of outstanding units must separate the underlying Public Shares, public warrants and public rights prior