Company: EMCRF
Filing Date: 2025-01-27
Form Type: 425
Source: 0001829126-25-000388
Chunk: 4

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-01-27
Form: 425
Chunk 4
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ger Agreement shall have been made or obtained; (iv) the SEC having declared the registration statement with respect to the Business Combination effective, and no stop order suspending the effectiveness of the registration statement or any part thereof having been issued; (v) the Merger Agreement and the transaction contemplated thereby, having been duly authorized and approved by the shareholders of EMCG; (vi) the Merger Agreement and the transaction contemplated thereby, having been duly authorized and approved by the Tianji Shareholders; (vii) each of the persons listed on the disclosure schedule shall have entered into a Lock-up Agreement; (viii) as of the Closing, the Purchaser shall have at least $5,000,001 in net tangible assets; and (ix) the CSRC shall have accepted the CSRC Filings and published the filing results in respect of the CSRC Filings on its website, and such notice of acceptance or filing results published by the CSRC shall remain valid and not rejected, revoked, withdrawn, amended or invalidated prior to 8:00 AM on the Closing Date.

Company’s Conditions to Closing

The obligations of the Company to consummate the transactions contemplated by the Merger Agreement, in addition to the conditions described above, are conditioned upon each of the following, among other things:

| a) | The                                                                                      
 Parent Parties complying with all of their obligations under the Merger Agreement in all 
 material respects;                                                                       |

| b) | The                                                                                           
 representations and warranties of the Parent Parties being true on and as of the date of      
 the Merger Agreement and the Closing Date of the transactions except as would not be expected 
 to have a material adverse effect;                                                            |

| c) | There                                                         
 having been no material adverse effect to the Parent Parties; |

| d) | The                                                                                        
 Company having received a certificate signed by an authorized officer of Parent Parties to 
 the effect set forth in (a) through (c);                                                   |

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| e) | The                                                                                      
 Company having received a recent certificate of good standing as of a date no later than 
 ten (10) days prior to the Closing Date regarding the Parent from the Cayman Registrar;  |

| f) | Each                                                                                         
 of the Parent Parties having executed and delivered to the Company each additional agreement 
 to which it is a party;                                                                      |

| g) | The                                                                                      
 Parent Parties complying with the reporting requirements under the applicable Securities 
 Act and Exchange Act rules;                                                              |

| h) |