Company: EMCRF
Filing Date: 2025-07-17
Form Type: PRE 14A
Source: 0001641172-25-020063
Chunk: 115

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-07-17
Form: PRE 14A
Chunk 115
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 (less up to US$50,000 of interest to 
 pay dissolution expenses), divided by the number of the Public Shares then in issue, which redemption will completely extinguish 
 public Members’ rights as Members (including the right to receive further liquidation distributions, if any); and                |

| (c) | as                                                                                                                            
 promptly as reasonably possible following such redemption, subject to the approval of the Company’s remaining Members and the 
 directors, liquidate and dissolve,                                                                                            |

subject in each case, to its obligations under Cayman Islands law to provide for claims of creditors and in all cases subject to the other requirements of Applicable Law. If the Company shall wind up for any other reason prior to the consummation of a Business Combination, the Company shall, as promptly as reasonably possible but not more than ten business days thereafter, follow the foregoing procedures set out in this Article 37.8 with respect to the liquidation of the Trust Account, subject to its obligations under Cayman Islands law to provide for claims of creditors and in all cases subject to the other requirements of Applicable Law.

| 37.9 | In                                                      
 the event that any amendment is made to these Articles: |

| (a) | that                                                                                                               
 would modify the substance or timing of the Company’s obligation to provide holders of Public Shares the right to: |

| (i) | have                                                                                                                    
 their shares redeemed or repurchased in connection with a Business Combination pursuant to Articles 37.2(b) or 37.6; or |

| (ii) | redeem                                                                                                                              
 100% of the Public Shares if the Company has not consummated an initial Business Combination within 36 months from the closing of   
 the IPO or 48 months from the closing of the IPO pursuant to Article 37.8 (subject in the latter case to valid one-month extensions 
 having been made in each case); or                                                                                                  |

| (b) | with                                                                                                                    
 respect to any other provision relating to the rights of holders of Public Shares or pre-business combination activity, |

each holder of Public Shares who is not a Founder, Officer or director shall be provided with the opportunity to redeem their Public Shares upon the approval of any such amendment (an Amendment Redemption) at a per-Share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned on the funds held in the Trust Account not previously released to the Company to pay income taxes, if any, divided by the number