# EDGAR Filing Document

**Accession Number:** 0001866001
**File Stem:** 0001213900-25-062164
**Filing Date:** 2025-7
**Character Count:** 24184
**Document Hash:** f89a1b2f5c10ae1d185a056d2618137c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-062164.hdr.sgml**: 20250709

**ACCESSION NUMBER**: 0001213900-25-062164

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250630

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Termination of a Material Definitive Agreement

**ITEM INFORMATION**: Completion of Acquisition or Disposition of Assets

**ITEM INFORMATION**: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing

**ITEM INFORMATION**: Material Modifications to Rights of Security Holders

**ITEM INFORMATION**: Changes in Control of Registrant

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20250709

**DATE AS OF CHANGE**: 20250709

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JVSPAC Acquisition Corp.
- **CENTRAL INDEX KEY:** 0001866001
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 000000000
- **STATE OF INCORPORATION:** D8
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41922
- **FILM NUMBER:** 251112215

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 20 CECIL STREET #04-03, PLUS BUILDING
- **CITY:** SINGAPORE
- **PROVINCE COUNTRY:** U0
- **ZIP:** 049705
- **BUSINESS PHONE:** 65 6513 8565

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** 20 CECIL STREET #04-03, PLUS BUILDING
- **CITY:** SINGAPORE
- **PROVINCE COUNTRY:** U0
- **ZIP:** 049705

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**Form 8-K**

**Current Report**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

**June 30, 2025**

Date of Report (Date of earliest event reported)

**<u>JVSPAC Acquisition Corp.</u>**

(Exact Name of Registrant as Specified in its Charter)

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| | | |
|:---|:---|:---|
| **British Virgin Islands** | **001-41922** | **N/A** |
| (State or other jurisdiction<br> of incorporation) | (Commission File Number) | (I.R.S. Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| **20 Cecil Street #04-03**<br> **Plus Building**<br> **Singapore** | **049705** |
| (Address of Principal Executive Offices) | (Zip Code) |

---

Registrant's telephone number, including area code: **+65 6513 8565**

**Not Applicable**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Units | JVSAU | The Nasdaq Stock Market LLC |
| Class A Ordinary Shares, no par value | JVSA | The Nasdaq Stock Market LLC |
| Rights | JVSAR | The Nasdaq Stock Market LLC |

---

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. ☐

**Introductory Note**

As previously disclosed in the Current Report on Form 8-K filed with the Securities and Exchange Commission (the "<u>SEC</u>") by JVSPAC Acquisition Corp. ("<u>JVSPAC</u>") on April 8, 2024, JVSPAC entered into an agreement and plan of merger, dated as of April 8, 2024 (and as amended on September 3, 2024, the "<u>Merger Agreement</u>"), by and among Hotel101 Global Holdings Corp., an exempted company with limited liability incorporated under the laws of the Cayman Islands and a wholly-owned subsidiary of DoubleDragon Corporation ("<u>HBNB</u>"), Hotel of Asia, Inc., a company with limited liability incorporated under the laws of the Philippines, DoubleDragon Corporation, a company incorporated under the laws of the Philippines and listed on the Philippine Stock Exchange, Inc. ("<u>DoubleDragon</u>"), DDPC Worldwide Pte. Ltd., a private company limited by shares incorporated under the laws of Singapore and a wholly-owned subsidiary of DoubleDragon, Hotel101 Worldwide Private Limited, a private company limited by shares incorporated under the laws of Singapore, Hotel101 Global Pte. Ltd., a private company limited by shares incorporated under the laws of Singapore ("<u>Hotel101 Global</u>"), HGHC 4 Pte. Ltd., a private company limited by shares incorporated under the laws of Singapore and a wholly-owned subsidiary of HBNB ("<u>Merger Sub 1</u>"), HGHC 3 Corp., a British Virgin Islands business company and a wholly-owned subsidiary of HBNB ("<u>Merger Sub 2</u>") and JVSPAC.

As previously disclosed in the Current Report on Form 8-K filed with the SEC on June 30, 2025, the Business Combination was consummated on June 30, 2025. As a result of the Business Combination: (a) on June 30, 2025, Hotel101 Global and Merger Sub 1 amalgamated (the "<u>Amalgamation</u>"), with Hotel101 Global being the surviving entity and a direct wholly-owned subsidiary of HBNB, (b) on June 30, 2025 (the "<u>SPAC Merger Effective Time</u>") Merger Sub 2 merged with and into JVSPAC (the "<u>SPAC Merger</u>," and together with the Amalgamation and the other transactions contemplated by the Merger Agreement, the "<u>Business Combination</u>") pursuant to a plan of merger (the "<u>Plan of Merger</u>"), with JVSPAC being the surviving entity and a wholly-owned subsidiary of HBNB, and (c) on June 30, 2025, each issued and outstanding class A ordinary share, with no par value, of JVSPAC and each issued and outstanding class B ordinary share, with no par value, of JVSPAC (other than treasury shares, validly redeemed shares or dissenting shares) were converted into one ordinary share of HBNB.

On June 30, 2025, JVSPAC, Winky Investments Limited (the "<u>Sponsor</u>") and HBNB entered into an assignment, assumption and amendment agreement (the "<u>Assignment, Assumption and Amendment Agreement</u>"), pursuant to which, among other things, effective at the consummation of the Business Combination, JVSPAC assigned all of its rights, interests and obligations under that certain registration rights agreement, dated January 18, 2024, by and among JVSPAC, the Sponsor and certain shareholders of JVSPAC (the "<u>Registration Rights Agreement</u>"), to HBNB.

As a result of the Business Combination, Hotel101 Global and JVSPAC have become wholly-owned subsidiaries of HBNB.

On July 1, 2025, the ordinary shares of HBNB began trading on The Nasdaq Stock Market LLC ("<u>Nasdaq</u>") under the symbol "HBNB."

Capitalized terms not otherwise defined have the meaning set forth in the Merger Agreement. The description of the Merger Agreement and related transactions (including, without limitation, the Business Combination) in this Current Report on Form 8-K does not purport to be complete and is subject, and qualified in its entirety by reference to the full text of (i) the agreement and plan of merger, dated as of April 8, 2024, which is attached as Exhibit 2.1 to JVSPAC's Current Report on Form 8-K filed with the SEC on April 8, 2024 and (ii) the first amendment to the agreement and plan of merger, dated as of September 3, 2024, which is attached as Exhibit 2.1 to JVSPAC's Current Report on Form 8-K filed with the SEC on September 5, 2024, incorporated herein by reference. The foregoing description of the Assignment, Assumption and Amendment Agreement does not purport to be complete and is qualified in its entirety by the full text of (i) the Assignment, Assumption and Amendment Agreement, which is filed herewith as Exhibit 10.1 and is incorporated by reference, and (ii) the Registration Rights Agreement, which is attached as Exhibit 10.3 to JVSPAC's amended Annual Report on Form 10-K filed with the SEC on March 11, 2025, and is incorporated herein by reference.

**Item 1.01. Entry into a Material Definitive Agreement**

***Assignment, Assumption and Amendment Agreement***

The information set forth in the Introductory Note above is incorporated into this Item 1.01 by reference.

The foregoing description of the Assignment, Assumption and Amendment Agreement does not purport to be complete and is qualified in its entirety by the full text of (i) the Assignment, Assumption and Amendment Agreement, which is filed herewith as Exhibit 10.1 and is incorporated by reference, and (ii) the Registration Rights Agreement, which is attached as Exhibit 10.3 to JVSPAC's amended Annual Report on Form 10-K filed with the SEC on March 11, 2025, and is incorporated herein by reference.

**Item 1.02 Termination of a Material Definitive Agreement**

The information set forth in the Introductory Note above is incorporated into this Item 1.02 by reference.

On June 30, 2025, in connection with the consummation of the Business Combination, the Investment Management Trust Agreement, dated as of January 18, 2024, by and between JVSPAC and Continental Stock Transfer & Trust Company terminated in accordance with its terms.

**Item 2.01. Completion of Acquisition or Disposition of Assets**

To the extent required by Item 2.01 of Form 8-K, the disclosure set forth in the Introductory Note of this Current Report on Form 8-K is incorporated herein by reference.

**Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing; Material Modification to Rights of Security Holders**

In connection with the Business Combination, on June 30, 2025, JVSPAC notified Nasdaq of the consummation of the Business Combination and requested that Nasdaq (i) suspends trading of the JVSPAC Class A ordinary shares, units and rights (as described on the cover page of this Current Report on Form 8-K, the "<u>JVSPAC Securities</u>"), effective July 1, 2025 and (ii) files with the SEC a Form 25 to delist the JVSPAC Securities from Nasdaq, thereby commencing the process of delisting the JVSPAC Securities from Nasdaq and deregistering the securities under Section 12(b) of the Securities Exchange Act of 1934, as amended (the "<u>Exchange Act</u>").

On June 30, 2025, Nasdaq filed a Form 25-NSE with the SEC to delist the JVSPAC Securities from Nasdaq. JVSPAC intends to file a certification on Form 15 with the SEC to deregister the JVSPAC Securities under Section 12(b) of the Exchange Act and suspend JVSPAC's reporting obligations under Sections 13 and 15(d) of the Exchange Act.

**Item 3.03. Material Modifications to Rights of Security Holders**

To the extent required by Item 3.03 of Form 8-K, the disclosure set forth in the Introductory Note, Item 2.01 and Item 3.01 of this Current Report on Form 8-K is incorporated by reference in this Item 3.03.

**Item 5.01. Changes in Control of Registrant**

To the extent required by Item 5.01 of Form 8-K, the disclosure set forth in the Introductory Note and Item 2.01 of this Current Report on Form 8-K is incorporated by reference in this Item 5.01.

As a result of the Business Combination, a change in control of JVSPAC occurred and Merger Sub 2 merged with and into JVSPAC, with JVSPAC being the surviving company and becoming as a wholly-owned subsidiary of HBNB.

**Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers**

In connection with consummation of the Business Combination, (i) the following officers and directors of JVSPAC resigned and ceased to hold their respective positions with effect from SPAC Merger Effective Time: Albert Wong ceased to be Chief Executive Officer and Chairman; and Claudius Tsang ceased to be Chief Financial Officer and a director; and (ii) the following individuals ceased to be directors with effect from SPAC Merger Effective Time: Frank Clifford Chan, Alex Lau and Krešimir Coric. These resignations were not a result of any disagreement between JVSPAC and its officers and directors on any matter relating to JVSPAC's operations, policies or practices.

**Item 9.01. Financial Statements and Exhibits**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits.

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| | |
|:---|:---|
| **10.1** | [Assignment, Assumption and Amendment Agreement, dated June 30, 2025, by and among, JVSPAC, Sponsor and HBNB.](ea024840001ex10-1_jvspac.htm) |
| **104** | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

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**SIGNATURE**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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| | |
|:---|:---|
| Dated: July 9, 2025 | Dated: July 9, 2025 |
| **JVSPAC ACQUISITION CORP.** | **JVSPAC ACQUISITION CORP.** |
| **By**: | /s/ Pearl Anne A. Escote |
| **Name:** | Pearl Anne A. Escote |
| **Title:** | Authorized Signatory |
| **By**: | /s/ Jose Roelph E. Desales |
| **Name:** | Jose Roelph E. Desales |
| **Title:** | Authorized Signatory |

---

[*Signature Page to Form 8-K*]

## Exhibit 10.1

**Exhibit 10.1**

**ASSIGNMENT, ASSUMPTION AND AMENDMENT AGREEMENT**

THIS ASSIGNMENT, ASSUMPTION AND AMENDMENT AGREEMENT (this "<u>Agreement</u>")*,* dated June 30, 2025, is made by and among JVSPAC Acquisition Corp., a British Virgin Islands business company (the "<u>Company</u>"), Hotel101 Global Holdings Corp., an exempted company with limited liability incorporated under the laws of the Cayman Islands ("<u>PubCo</u>"), and Winky Investments Limited, a British Virgin Islands business company (the "<u>Sponsor</u>") (together with any person or entity who hereafter becomes a party to this Agreement pursuant to Section 3.2 of this Agreement, a "<u>Holder</u>" and collectively, the "<u>Holders</u>") and amends certain Registration Rights Agreement (the "<u>Existing Registration Rights Agreement</u>"), dated January 18, 2024, by and among the Company and the original Holders*.* Capitalized terms used but not defined herein shall have the meaning ascribed to such terms in the Existing Registration Rights Agreement.

WHEREAS, the Company, PubCo, the Sponsor, Hotel101 Global Pte. Ltd., a private company limited by shares incorporated under the laws of Singapore ("<u>Hotel101 Global</u>"), Hotel of Asia, Inc., a company with limited liability incorporated under the laws of the Philippines ("<u>Hotel of Asia</u>" and together with Hotel101 Global, the "<u>Target Parties</u>"), DoubleDragon Corporation, a company incorporated under the laws of the Philippines and listed on the Philippine Stock Exchange, Inc. ("<u>DoubleDragon</u>"), DDPC Worldwide Pte. Ltd., a private company limited by shares incorporated under the laws of Singapore and a wholly-owned subsidiary of DoubleDragon ("<u>DDPC</u>"), Hotel101 Worldwide Private Limited, a private company limited by shares incorporated under the laws of Singapore ("<u>Hotel101 Worldwide</u>", and together with DDPC and DoubleDragon, the "<u>Principal Shareholders</u>"), HGHC 4 Pte. Ltd., a private company limited by shares incorporated under the laws of Singapore and a wholly-owned subsidiary of PubCo ("<u>Merger Sub 1</u>"), and HGHC 3 Corp., a British Virgin Islands business company and a wholly-owned subsidiary of PubCo ("<u>Merger Sub 2</u>") entered into an agreement and plan of merger, dated as of April 8, 2024 (as amended on September 3, 2024, and as it may be further amended, supplemented or otherwise modified from time to time, the "<u>Merger Agreement</u>").

WHEREAS, pursuant to the Merger Agreement, (i) Hotel101 Global and will amalgamate and continue as one company (the "<u>Amalgamation</u>"), with Hotel101 Global being the surviving entity and becoming a wholly-owned subsidiary of PubCo, and (ii) Merger Sub 2 will merge with and into the Company (the "<u>SPAC Merger</u>" and, together with the Amalgamation, the "<u>Transactions</u>"), with the Company being the surviving entity and becoming a wholly-owned subsidiary of PubCo, and as a result of the Transactions, the holders of ordinary shares of Hotel101 Global and the holders of common stock of the Company will become holders of ordinary shares of PubCo (the "<u>PubCo Ordinary Shares</u>").

WHEREAS, in connection with the Transactions, the Company desires to assign all of its right, title and interest in the Existing Registration Rights Agreement to PubCo and PubCo wishes to accept such assignment and assume all of the Company's obligations under the Existing Registration Rights Agreement.

NOW, THEREFORE, in consideration of the mutual agreements herein contained, the parties hereto agree as follows:

1. Assignment and Assumption; Consent.

1.1 <u>Assignment and Assumption</u>. As of and with effect on and from the SPAC Merger Effective Time (as defined in the Merger Agreement),
the Company hereby assigns to PubCo all of the Company's right, title and interest in and to the Existing Registration Rights Agreement
(as amended hereby) and PubCo hereby assumes, and agrees to pay, perform, satisfy and discharge in full, as the same become due, all of
the Company's obligations under the Existing Registration Rights Agreement (as amended hereby) arising on, from and after the SPAC
Merger Effective Time.

1.2 <u>Consent</u>. PubCo hereby consents to (i) the assignment of the Existing Registration Rights Agreement by the Company to PubCo
and the assumption of the Existing Registration Rights Agreement by PubCo from the Company pursuant to <u>Section 1.1</u>, in
each case effective as of the SPAC Merger Effective Time, and (ii) the continuation of the Existing Registration Rights Agreement
(as amended hereby) in full force and effect from and after the SPAC Merger Effective Time.

2. Amendment of Existing Registration Rights Agreement.

2.1 Effective as of the SPAC Merger Effective Time, the Company and the Holders hereby amend the Existing Registration Rights Agreement
as provided in this <u>Section 2</u>, and acknowledge and agree that the amendments to the Registration Rights Agreement set
forth in this <u>Section 2</u> are to provide Holders the registration rights pursuant to the Existing Registration Rights
Agreement (in connection with the Transactions and the transactions contemplated by the Merger Agreement).

2.2 <u>References to the Company</u>. All references to the "Company" in the Existing Registration Rights Agreement (including
all Exhibits thereto) shall refer to PubCo.

2.3 <u>References to Business Combination</u>. All references to "Business Combination" in the Existing Registration Rights
Agreement (including all Exhibits thereto) shall refer to the transactions contemplated by the Merger Agreement, and references to "the
completion of the Company's initial Business Combination" and all variations thereof in the Existing Registration Rights Agreement
(including all Exhibits thereto) shall refer to the SPAC Merger Effective Time.

2.4 <u>References to stockholder</u>. All references to a "shareholder" of the Company in the Existing Registration Rights
Agreement (including all Exhibits thereto) shall be construed as a reference to a "shareholder" of PubCo.

3. Miscellaneous Provisions.

3.1 <u>Effectiveness of the Amendment</u>. Each of the parties hereto acknowledges and agrees that the effectiveness of this Agreement
shall be expressly subject to the occurrence of the Transactions and the substantially contemporaneous occurrence of the SPAC Merger Effective
Time, and shall automatically be terminated and shall be null and void if the Merger Agreement shall be terminated for any reason.

3.2 <u>Successors</u>. All the covenants and provisions of this Agreement by or for the benefit of PubCo, the Company or the Holders shall
bind and inure to the benefit of their respective successors and permitted assigns.

3.3 <u>Applicable Law and Exclusive Forum</u>. The validity, interpretation and performance of this Agreement shall be governed in all
respects by the laws of the State of New York. Subject to applicable law, each of PubCo and the Company hereby agrees that any action,
proceeding or claim against it arising out of or relating in any way to this Agreement shall be brought and enforced in the courts of
the State of New York or the United States District Court for the Southern District of New York, and irrevocably submits to such jurisdiction,
which jurisdiction shall be the exclusive forum for any such action, proceeding or claim. Each of PubCo and the Company hereby waives
any objection to such exclusive jurisdiction and that such courts represent an inconvenient forum. Notwithstanding the foregoing, the

claim for which the federal district courts of the United States of America are the sole and exclusive forum.

3.4 <u>Counterparts</u>. This Agreement may be executed in any number of original or facsimile counterparts and each of such counterparts
shall for all purposes be deemed to be an original, and all such counterparts shall together constitute but one and the same instrument.
A signed copy of this Agreement delivered by facsimile, e-mail or other means of electronic transmission shall be deemed to
have the same legal effect as delivery of an original signed copy of this Agreement.

3.5 <u>Effect of Headings</u>. The section headings herein are for convenience only and are not part of this Agreement and shall not affect
the interpretation thereof.

3.6 <u>Severability</u>. This Agreement shall be deemed severable, and the invalidity or unenforceability of any term or provision hereof
shall not affect the validity or enforceability of this Agreement or of any other term or provision hereof. Furthermore, in lieu of any
such invalid or unenforceable term or provision, the parties hereto intend that there shall be added as a part of this Agreement a provision
as similar in terms to such invalid or unenforceable provision as may be possible and be valid and enforceable.

[Signature Page Follows]

IN WITNESS WHEREOF, the parties hereto have caused this Assignment, Assumption and Amendment Agreement to be duly executed as of the date first above written.

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| | | |
|:---|:---|:---|
| JVSPAC ACQUISITION CORP. | JVSPAC ACQUISITION CORP. | JVSPAC ACQUISITION CORP. |
| By: | /s/ Albert Wong | /s/ Albert Wong |
|  | Name: | Albert Wong |
|  | Title: | Chief Executive Officer |
| HOTEL101 GLOBAL HOLDINGS CORP. | HOTEL101 GLOBAL HOLDINGS CORP. | HOTEL101 GLOBAL HOLDINGS CORP. |
| By: | /s/ Marriana Henares Yulo | /s/ Marriana Henares Yulo |
|  | Name: | Marriana Henares Yulo |
|  | Title: | Director and Chief Executive Officer |
| By: | /s/ Rodolfo Ma. Allena Ponferrada | /s/ Rodolfo Ma. Allena Ponferrada |
|  | Name: | Rodolfo Ma. Allena Ponferrada |
|  | Title: | Executive Chairman and Director |

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[Signature Page to Assignment, Assumption and Amendment Agreement]

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| | | |
|:---|:---|:---|
| **"SPONSOR" / "HOLDER"<br> Winky Investments Limited** | **"SPONSOR" / "HOLDER"<br> Winky Investments Limited** | **"SPONSOR" / "HOLDER"<br> Winky Investments Limited** |
| By: | /s/ Albert Wong | /s/ Albert Wong |
|  | Name: | Albert Wong |
|  | Title: | Director |

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[Signature Page to Assignment, Assumption and Amendment Agreement]