Company: EMCRF
Filing Date: 2025-07-28
Form Type: DEF 14A
Source: 0001641172-25-021158
Chunk: 117

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-07-28
Form: DEF 14A
Chunk 117
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”), the Company shall:                                                                                         |

| (a) | cease                                                
 all operations except for the purpose of winding up; |

| (b) | as                                                                                                                               
 promptly as reasonably possible but not more than five business days thereafter, redeem the Public Shares, 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 and not previously released to the Company to pay income taxes, if any (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  48 months from the closing of the IPO pursuant to Article 37.8; 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