Company: DMAAR
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076681
Chunk: 72

Company: Drugs Made In America Acquisition Corp.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 8
Chunk 72
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-Business Combination entity at a price of $10.00 per unit. The units would
be identical to the Private Placement Units. As of June 30, 2025 and December 31, 2024, no working capital loans were outstanding.

13

DRUGS MADE IN AMERICA ACQUISITION CORP.

NOTES TO FINANCIAL STATEMENTS

JUNE 30, 2025

(Unaudited)

Amended and Restated Private Units Purchase
Agreement and Subscription Promissory Note

Simultaneously with the closing of the Initial
Public Offering, the Company has entered into an amended and restated private units purchase agreement with the Sponsor, pursuant to which
the Sponsor agreed to purchase an aggregate of 400,000 Private Placement Units (or 430,000 Private Placement Units if the underwriters’
over-allotment is exercised in full) at a price of $10.00 per Private Placement Unit ($4,000,000, or an aggregate of $4,300,000 if the
underwriters’ over-allotment is exercised in full) from the Company in the private placement. Under the agreement, the Sponsor agreed
to provide the Company up to $1,100,000 in working capital loans under the subscription promissory note, which loans shall be converted
into Private Placement Units, at the price of $10.00 per Unit. To the extent the amount of such loans is less than $1,100,000, the Sponsor
agreed that it (or, if applicable, it and any transferees of Private Placement Units) shall surrender for cancellation any and all rights
to up to an aggregate of 110,000 Private Placement Units at $10.00 per unit.

NOTE 6 — COMMITMENTS AND CONTINGENCIES

Risks and Uncertainties

The United States and global markets are
experiencing volatility and disruption following the geopolitical instability resulting from the ongoing Russia-Ukraine conflict and the
Israel-Hamas conflict. In response to the ongoing Russia-Ukraine conflict, the North Atlantic Treaty Organization (“NATO”)
deployed additional military forces to eastern Europe, and the United States, the United Kingdom, the European Union and other countries
have announced various sanctions and restrictive actions against Russia, Belarus and related individuals and entities, including the removal
of certain financial institutions from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) payment system. Certain
countries, including the United