Company: EMCRF
Filing Date: 2025-10-22
Form Type: 425
Source: 0001493152-25-018919
Chunk: 1

Company: Embrace Change Acquisition Corp.
Filing Date: 2025-10-22
Form: 425
Chunk 1
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| Rights                                                                                
 included as part of the Units                                                         |     | EMCGR   |     | OTC                                  |

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material definitive Agreement.

Amendment No. 1 to Merger Agreement

As previously disclosed, on January 26, 2025, Embrace Change Acquisition Corp., a Cayman Islands exempted company (“ EMCG” or “ Parent”), entered into a merger agreement (as it may be amended, supplemented, or otherwise modified from time to time, the “ Merger Agreement”), by and between EMCG, EMC Merger Sub 1, a Cayman Islands exempted company and wholly owned subsidiary of Parent (“ Purchaser”), EMC Merger Sub 2, a Cayman Islands exempted company and wholly owned subsidiary of Purchaser (“ Merger Sub”), and Tianji Tire Global (Cayman) Limited, a Cayman Islands exempted company (“ Tianji” or the “ Company”), pursuant to which (a) EMCG will be merged with and into Purchaser (the “ Reincorporation Merger”), with Purchaser surviving the Reincorporation Merger, and (b) Merger Sub will be merged with and into the Company (the “ Acquisition Merger”), with the Company surviving the Acquisition Merger as a direct wholly owned subsidiary of Purchaser (collectively, the “ Business Combination”). Following the Business Combination, Purchaser will be a publicly traded company.

On October 16, 2025, EMCG entered into Amendment No. 1 to the Merger Agreement (the “ Amendment”) with the other parties thereto. The Amendment (1) amended the definition of Merger Sub to reflect that it is a wholly owned subsidiary of Parent, (2) deleted a closing condition that as of the Closing, the Purchaser shall have at least $5,000,001 in net tangible assets, (3