# EDGAR Filing Document

**Accession Number:** 0001862935
**File Stem:** 0001493152-23-005066
**Filing Date:** 2023-2
**Character Count:** 139116
**Document Hash:** 9f2371820a00f4ed7aba719b77350b91
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-005066.hdr.sgml**: 20230215

**ACCESSION NUMBER**: 0001493152-23-005066

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20230214

**ITEM INFORMATION**: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230215

**DATE AS OF CHANGE**: 20230214

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** InFinT Acquisition Corp
- **CENTRAL INDEX KEY:** 0001862935
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-BUSINESS SERVICES, NEC [7389]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** E9
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41079
- **FILM NUMBER:** 23632566

**BUSINESS ADDRESS:**
- **STREET 1:** 32 BROADWAY, SUITE 401
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004
- **BUSINESS PHONE:** 917-519-3948

**MAIL ADDRESS:**
- **STREET 1:** 32 BROADWAY, SUITE 401
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10004

?xml version="1.0" encoding="utf-8"?

**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**

**Date of report (Date of earliest event reported): February 14, 2023**

**INFINT ACQUISITION CORPORATION**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Cayman Islands** | **001-41079** | **98-1602649** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (I.R.S. Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| **32 Broadway, Suite 401**<br> **New York, NY** | **10004** |
| (Address of principal executive offices) | (Zip Code) |

---

**(212) 287-5010**

(Registrant's telephone number, including area code)

**Not Applicable**

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

Check the appropriate box below if the Form 8-K 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 (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

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

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| **Units, each consisting of one Class A ordinary shares and one-half of one Warrant** | **IFIN.U** | **The New York Stock Exchange** |
| **Class A ordinary shares, par value $0.0001 per share** | **IFIN** | **The New York Stock Exchange** |
| **Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50** | **IFIN.WS** | **The New York Stock Exchange** |

---

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

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 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.**

On or about February 14, 2023, in connection with the Extraordinary General Meeting (as defined below), INFINT Acquisition Corporation (the "Company") will file an amendment (the "Extension Amendment") to the Company's Amended and Restated Memorandum and Articles of Association (the "Charter") with the Registrar of Companies in the Cayman Islands to extend the date by which the Company must consummate its initial business combination from February 23, 2023 to August 23, 2023, or such earlier date as determined by the Company's board of directors (the "Extended Date"). The Company's shareholders approved the Extension Amendment at the Extraordinary General Meeting on February 14, 2023.

The foregoing description is qualified in its entirety by reference to the Extension Amendment, a copy of which is attached as Exhibit 3.1 hereto and is incorporated herein by reference.

**Item 5.07. Submission of Matters to a Vote of Security Holders.**

At the Extraordinary General Meeting (the "Extraordinary General Meeting") of the Company, which was held on February 13, 2023, holders of 23,100,398 of the Company's ordinary shares, which represents approximately 89.422% of the ordinary shares issued and outstanding and entitled to vote as of the record date of January 19, 2023, were represented in person or by proxy.

At the Extraordinary General Meeting, the shareholders approved a special resolution (the "Extension Proposal") to amend the Charter to extend the date that the Company has to consummate a business combination from February 23, 2023 to the Extended Date.

The affirmative vote of the holders of at least two-thirds of the Class A ordinary shares and Class B ordinary shares, par value $0.0001 per share, of the Company issued and outstanding, voting together as a single class, represented in person or by proxy and entitled to vote thereon and who do so in person or by proxy at the Extraordinary General Meeting was required to approve the Extension Proposal.

Set forth below are the final voting results for each of the proposals:

**The Extension Proposal**

The Extension Proposal was approved. The voting results of the ordinary shares were as follows:

<u>For</u> <u>Against</u> <u>Abstain</u> <br> 20,399,228 2,701,170 0

**The Adjournment Proposal**

The Adjournment Proposal was not presented at the meeting.

In connection with the votes to approve the Extension Proposal, the holders of 10,415,452 Class A ordinary shares of the Company properly exercised their right to redeem their shares for cash at a redemption price of approximately $10.49 per share, for an aggregate redemption amount of approximately $109.31 million, leaving approximately $100.59 million in the trust account.

Under Cayman Islands law, the amendment to the Charter took effect upon approval of the Extension Proposal. Accordingly, the Company now has until August 23, 2023 to consummate its initial business combination.

**Item 9.01. Financial Statements and Exhibits.**

(d) Exhibits.

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 3.1 | [Second Amended and Restated Memorandum and Articles of Association of the Company](ex3-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**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 hereunto duly authorized.

---

| | |
|:---|:---|
| **INFINT ACQUISITION CORPoration** | **INFINT ACQUISITION CORPoration** |
| By: | */s/ Alexander Edgarov* |
| Name: | Alexander Edgarov |
| Title: | Chief Executive Officer |

---

Date: February 14, 2023

## Exhibit 3.1

**Exhibit 3.1**

**COMPANIES ACT (AS AMENDED)**

**COMPANY LIMITED BY SHARES**

**SECOND AMENDED AND RESTATED**

**MEMORANDUM AND ARTICLES OF ASSOCIATION**

**OF**

**INFINT ACQUISITION CORPORATION**

**(adopted pursuant to special resolutions of the Company passed on February 14, 2023 and effective**

**on February 14, 2023)**

**COMPANIES ACT (AS AMENDED)**

**COMPANY LIMITED BY SHARES**

**SECOND AMENDED AND RESTATED**

**MEMORANDUM OF ASSOCIATION**

**OF**

**INFINT ACQUISITION CORPORATION**

**(adopted pursuant to special resolutions of the Company passed on February 14, 2023 and effective**

**on February 14, 2023)**

1. The
 name of the Company is InFinT Acquisition Corporation.

2. The
 registered office of the Company is at the offices of Mourant Governance Services (Cayman)
 Limited, 94 Solaris Avenue, Camana Bay, PO Box 1348, Grand Cayman KY1-1108, Cayman Islands
 or at such other place as the Directors may from time to time decide.

3. The
 objects for which the Company is established are unrestricted and the Company shall have
 full power and authority to carry out any object not prohibited by law as provided by Section
 7(4) of the Companies Act.

4. The
 Company shall have and be capable of exercising all the functions of a natural person of
 full capacity irrespective of any question of corporate benefit as provided by Section 27(2)
 of the Companies Act.

5. Nothing
 in the preceding paragraphs shall be deemed to permit the Company to carry on the business
 of a bank or trust company without being licensed in that behalf under the provisions of
 the Banks and Trust Companies Act (as amended) of the Cayman Islands, or to carry on insurance
 business from within the Cayman Islands or the business of an insurance manager, agent, sub-agent
 or broker without being licensed in that behalf under the provisions of the Insurance Act
 (as amended) of the Cayman Islands, or to carry on the business of company management without
 being licensed in that behalf under the provisions of the Companies Management Act (as amended)
 of the Cayman Islands.

6. The
 Company will not trade in the Cayman Islands with any person, firm or corporation except
 in furtherance of the business of the Company carried on outside the Cayman Islands, provided
 that nothing in this Memorandum of Association shall be construed as to prevent the Company
 from effecting and concluding contracts in the Cayman Islands, and exercising in the Cayman
 Islands all of its powers necessary for the carrying on of business outside the Cayman Islands.

7. The
 liability of each member is limited to the amount from time to time unpaid on such member's
 shares.

8. The
 authorised share capital of the Company is US$55,500 divided into 500,000,000 class A ordinary
 shares with a par value of US$0.0001 each, 50,000,000 class B ordinary shares with a par
 value of US$0.0001 each and 5,000,000 preference shares with a par value of US$0.0001 each,
 with the power for the Company, insofar as is permitted by law and the Articles of Association
 of the Company, to redeem, purchase or redesignate any of its shares and to increase or reduce
 the said share capital subject to the Companies Act and the Articles of Association and to
 issue any part of its capital, whether original, redeemed or increased with or without any
 preference, priority or special privilege or subject to any postponement of rights or to
 any conditions or restrictions and so that unless the conditions of issue shall otherwise
 expressly declare every issue of shares whether declared to be preference or otherwise shall
 be subject to the powers hereinbefore contained.

9. The
 Company may exercise the power contained in Section 206 of the Companies Act to deregister
 in the Cayman Islands and be registered by way of continuation in another jurisdiction.

10. Capitalised
 terms that are not defined in this Memorandum of Association bear the meanings given to those
 terms in the Articles of Association of the Company.

**COMPANIES ACT (AS AMENDED)**

**COMPANY LIMITED BY SHARES**

**SECOND AMENDED AND RESTATED**

**ARTICLES OF ASSOCIATION**

**OF**

**INFINT ACQUISITION CORPORATION**

**(adopted pursuant to special resolutions of the Company passed on February 14, 2023 and effective on February 14, 2023)**

**<u>**TABLE OF CONTENTS**</u>**

---

| | |
|:---|:---|
| **ARTICLE** | **PAGE** |
| TABLE A | 1 |
| DEFINITIONS AND INTERPRETATION | 1 |
| COMMENCEMENT OF BUSINESS | 7 |
| SITUATION OF REGISTERED OFFICE | 7 |
| SHARES | 7 |
| ISSUE OF SHARES | 8 |
| SHARE RIGHTS | 9 |
| CLASS B SHARE CONVERSION | 9 |
| REDEMPTION, PURCHASE AND SURRENDER OF SHARES | 11 |
| TREASURY SHARES | 12 |
| MODIFICATION OF RIGHTS | 12 |
| COMMISSION ON SALES OF SHARES | 13 |
| SHARE CERTIFICATES | 13 |
| TRANSFER AND TRANSMISSION OF SHARES | 14 |
| LIEN | 15 |
| CALL ON SHARES | 16 |
| FORFEITURE OF SHARES | 17 |
| ALTERATION OF SHARE CAPITAL | 18 |
| GENERAL MEETINGS | 18 |
| NOTICE OF GENERAL MEETINGS | 19 |
| PROCEEDINGS AT GENERAL MEETINGS | 20 |
| VOTES OF SHAREHOLDERS | 22 |
| CLEARING HOUSES | 24 |
| WRITTEN RESOLUTIONS OF SHAREHOLDERS | 24 |
| DIRECTORS | 24 |
| TRANSACTIONS WITH DIRECTORS | 27 |
| POWERS OF DIRECTORS | 28 |
| PROCEEDINGS OF DIRECTORS | 29 |
| WRITTEN RESOLUTIONS OF DIRECTORS | 31 |
| PRESUMPTION OF ASSENT | 31 |
| BORROWING POWERS | 31 |
| SECRETARY | 31 |
| THE SEAL | 32 |
| Dividends, Distributions and Reserves | 32 |
| SHARE PREMIUM ACCOUNT | 33 |
| ACCOUNTS | 33 |
| AUDIT | 34 |
| NOTICES | 34 |
| WINDING UP AND FINAL DISTRIBUTION OF ASSETS | 36 |
| INDEMNITY | 36 |
| DISCLOSURE | 37 |
| BUSINESS COMBINATION | 37 |
| BUSINESS OPPORTUNITIES | 40 |
| CLOSING REGISTER OF MEMBERS OR FIXING RECORD DATE | 41 |
| REGISTRATION BY WAY OF CONTINUATION | 42 |
| FINANCIAL YEAR | 42 |
| AMENDMENTS TO MEMORANDUM AND ARTICLES OF ASSOCIATION | 42 |
| CAYMAN ISLANDS DATA PROTECTION | 42 |

---

i

**COMPANIES ACT (AS AMENDED)**

**COMPANY LIMITED BY SHARES**

**SECOND AMENDED AND RESTATED**

**ARTICLES OF ASSOCIATION**

**OF**

**INFINT ACQUISITION CORPORATION**

**(adopted pursuant to special resolutions of the Company passed on February 14, 2023 and effective on February 14, 2023)**

**TABLE A**

1. In
 these Articles, the regulations contained in Table A in the First Schedule to the Companies
 Act (as defined below) do not apply except insofar as they are repeated or contained in these
 Articles.

**DEFINITIONS AND INTERPRETATION**

2. In
 these Articles the following words and expressions shall have the meanings set out below
 save where the context otherwise requires:

---

| | |
|:---|:---|
| **Applicable Law** | with respect to any person, all applicable provisions of all constitutions, treaties, statutes, laws (including the common law), codes, rules, regulations, ordinances or orders of any Governmental Authority, and any orders, decisions, injunctions, awards and decrees of or agreements with any Governmental Authority; |

---

---

| | |
|:---|:---|
| **Articles** | these articles of association of the Company, as amended or amended and restated from time to time by Special Resolution; |
| **Audit Committee** | the audit committee of the board of directors of the Company established pursuant to Article 171, or any successor audit committee; |
| **Auditors** | the auditor or auditors for the time being of the Company; |
| **Board of Directors** | the Directors assembled as a board or assembled as a committee appointed by that board; |
| **Business Combination** | a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganisation or similar business combination involving the Company, with one or more businesses or assets (the **target business**), which Business Combination: (a) must occur with one or more target businesses that together have an aggregate fair market value of at least 80 per cent of the assets held in the Trust Account (excluding the deferred underwriting commissions and taxes payable on the income earned on the Trust Account) at the time of entering into the definitive agreement to enter into a Business Combination; and (b) must not be effectuated solely with another blank cheque company or a similar company with nominal operations; |
| **Business Combination Provisions** | has the meaning given in Article 188; |
| **Class or Classes** | any class or classes of Shares as may from time to time be issued by the Company; |
| **Class A Share** | a Class A ordinary share with a par value of US$0.0001 in the share capital of the Company; |
| **Class B Share** | a Class B ordinary share with a par value of US$0.0001 in the share capital of the Company; |
| **Class B Share Conversion** | the conversion of Class B Shares in accordance with these Articles; |
| **Companies Act** | the Companies Act (as amended) of the Cayman Islands; |
| **Company** | the above-named company; |

---

---

| | |
|:---|:---|
| **Designated Stock Exchange** | means any national securities exchange or automated system on which the Company's securities are traded, including, but not limited to, NASDAQ Global Market, The New York Stock Exchange or any over-the-counter (OTC) market; |
| **Directors** | the directors of the Company for the time being; |
| **Dividend** | any dividend (whether interim or final) resolved to be paid on Shares pursuant to these Articles; |
| **DPA** | has the meaning given in Article 212; |
| **Electronic Record** | has the same meaning as in the Electronic Transactions Act; |
| **Electronic** <br> **Transactions Act** | the Electronic Transactions Act (as amended) of the Cayman Islands; |
| **Equity-linked Securities** | any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including, but not limited to, a private placement of equity or debt; |
| **Founders** | the Sponsor and all Shareholders immediately prior to the consummation of the IPO; |
| **Governmental Authority** | any nation or government or any province or state or any other political subdivision thereof, or any entity, authority or body exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, including any court, tribunal, government authority, agency, department, board, commission or instrumentality or any political subdivision thereof, any court, tribunal or arbitrator, and any self-regulatory organisation; |
| **Initial Conversion Ratio** | has the meaning given in Article 23; |
| **Investor Group** | the Sponsor and its affiliates, successors and assigns; |
| **Investor Group Related Person** | has the meaning given in Article 200; |
| **IPO** | the Company's initial public offering of securities; |
| **IPO Redemption** | has the meaning given in Article 192; |

---

---

| | |
|:---|:---|
| **Memorandum** | the memorandum of association of the Company, as amended or amended and restated from time to time by Special Resolution; |
| **Ordinary Resolution** | a resolution: |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) passed
 by a simple majority of the votes of such Shareholders as, being entitled to do so, vote in person or, where proxies are allowed,
 by proxy, at a general meeting and where a poll is taken regard shall be had in computing a majority to the number of votes to which
 each Shareholder is entitled; or

(b) approved
 in writing by all of the Shareholders entitled to vote at a general meeting in one or more instruments each signed by one or more
 of the Shareholders and the effective date of the resolution so adopted shall be the date on which the instrument, or the last of
 such instruments, if more than one, is executed;

---

| | |
|:---|:---|
| **Over-Allotment Option** | means the option of the Underwriter to purchase additional units sold in the IPO at a price equal to US$10.00 per unit, less underwriting discounts and commissions; |
| **paid up** | paid up as to the par value and any premium payable in respect of the issue of any Shares and includes credited as paid up; |
| **person** | any natural person, firm, company, joint venture, partnership, corporation, association or other entity (whether or not having separate legal personality) or any of them as the context so requires; |
| **Personal Data** | has the meaning given in Article 212; |
| **Preference Share** | a preference share of a par value of US$0.0001 in the share capital of the Company; |
| **Public Share** | a Class A Share issued as part of the units issued in the IPO; |
| **Redemption Price** | has the meaning given in Article 192; |
| **Register of Members** | the register of Shareholders to be kept pursuant to these Articles; |
| **Registered Office** | the registered office of the Company for the time being; |

---

---

| | |
|:---|:---|
| **Seal** | the common seal of the Company including any duplicate seal; |
| **SEC** | the United States Securities and Exchange Commission; |
| **Secretary** | any person appointed by the Directors to perform any of the duties of the secretary of the Company, including a joint, assistant or deputy secretary; |
| **Series** | a series of a Class as may from time to time be issued by the Company; |
| **Share** | means a Class A Share, a Class B Share or a Preference Share and includes a fraction of a share in the Company; |
| **Shareholder** | any person registered in the Register of Members as the holder of Shares of the Company and, where two or more persons are so registered as the joint holders of such Shares, the person whose name stands first in the Register of Members as one of such joint holders; |
| **Share Premium Account** | the share premium account established in accordance with these Articles and the Companies Act; |
| **signed** | includes an electronic signature and a signature or representation of a signature affixed by mechanical means; |
| **Special Resolution** | has the same meaning as in the Companies Act, being a resolution: <br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) passed
 by a majority of not less than two-thirds (or, with respect to amending Article 120 or Article 128(g) prior to the consummation of
 a Business Combination, a majority of not less than 90% of the votes cast at a general meeting) of such Shareholders as, being entitled
 to do so, vote in person or, where proxies are allowed, by proxy at a general meeting of which notice specifying the intention to
 propose the resolution as a special resolution has been duly given and where a poll is taken regard shall be had in computing a majority
 to the number of votes to which each Shareholder is entitled; or

(b) approved
 in writing by all of the Shareholders entitled to vote at a general meeting in one or more instruments each signed by one or more
 of the Shareholders and the effective date of the special resolution so adopted shall be the date on which the instrument or the
 last of such instruments, if more than one, is executed;

---

| | |
|:---|:---|
| **Sponsor** | InFinT Capital LLC, a Delaware limited liability company; |
| **Treasury Shares** | Shares that were previously issued but were purchased, redeemed, surrendered or otherwise acquired by the Company and not cancelled; |
| **Trust Account** | the trust account established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO, together with certain of the proceeds of a private placement of warrants simultaneously with the closing date of the IPO, will be deposited; |
| **Underwriter** | an underwriter of the IPO from time to time and any successor underwriter; and |
| **US Exchange Act** | the United States Securities Exchange Act of 1934, as amended, or any similar U.S. federal statute and the rules and regulations of the SEC thereunder, all as the same shall be in effect at the time. |

---

3. In
 these Articles, unless there be something in the subject or context inconsistent with such
 construction:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) words
 importing the singular number shall include the plural number and vice versa;

(b) words
 importing persons only shall include companies, partnerships, trusts or associations or bodies
 of persons, whether corporate or not;

(c) the
 word "may" shall be construed as permissive and the word "shall"
 shall be construed as imperative;

(d) the
 word "year" shall mean calendar year, the word "quarter" shall mean
 calendar quarter and the word "month" shall mean calendar month;

(e) a
 reference to a "dollar" or "$" is a reference to the legal currency
 of the United States of America;

(f) a
 reference to any enactment includes a reference to any modification or re-enactment thereof
 for the time being in force;

(g) a
 reference to any meeting (whether of the Directors, a committee appointed by the Board of
 Directors or the Shareholders or any class of Shareholders) includes any adjournment of that
 meeting;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) Sections
 8 and 19 of the Electronic Transactions Act shall not apply; and

(i) a
 reference to "written" or "in writing" includes a reference to all
 modes of representing or reproducing words in visible form, including in the form of an Electronic
 Record.

4. Subject
 to the two preceding Articles, any words defined in the Companies Act shall, if not inconsistent
 with the subject or context, bear the same meaning in these Articles.

5. The
 table of contents to and the headings in these Articles are for convenience of reference
 only and are to be ignored in construing these Articles.

**COMMENCEMENT OF BUSINESS**

6. The
 business of the Company may be commenced as soon after incorporation as the Board of Directors
 shall see fit.

**SITUATION OF REGISTERED OFFICE**

7. The
 Registered Office shall be at such address in the Cayman Islands as the Directors shall from
 time to time determine. The Company, in addition to the Registered Office, may establish
 and maintain such other offices and places of business and agencies in such places as the
 Directors may from time to time determine.

**SHARES**

8. The
 Directors may impose such restrictions as they think necessary on the offer and sale of any
 Shares.

9. The
 Directors may in their absolute discretion refuse to accept any application for Shares and
 may accept any application in whole or in part.

10. The
 Company may on any issue of Shares deduct any sales charge or subscription fee from the amount
 subscribed for the Shares.

11. No
 person shall be recognised by the Company as holding any Share upon any trust, and the Company
 shall not be bound by or recognise (even when having notice thereof) any equitable, contingent,
 future or partial interest in any Share, or (except as otherwise provided by these Articles
 or as required by law) any other right in respect of any Share except an absolute right thereto
 in the registered holder.

12. The
 Directors shall keep or cause to be kept a Register of Members as required by the Companies
 Act at such place or places as the Directors may from time to time determine, and in the
 absence of any such determination, the Register of Members shall be kept at the Registered
 Office.

13. The
 Directors in each year shall prepare or cause to be prepared an annual return and declaration
 setting forth the particulars required by the Companies Act in respect of exempted companies
 and deliver a copy thereof to the Registrar of Companies in the Cayman Islands.

14. The
 Company shall not issue Shares to bearer.

**ISSUE OF SHARES**

15. Subject
 to the provisions, if any, in the Memorandum (and to any direction that may be given by the
 Company in general meeting) and, where applicable, the rules and regulations of the Designated
 Stock Exchange, the SEC and/or any other competent regulatory authority or otherwise under
 Applicable Law, without prejudice to any rights attached to any existing Shares, the Directors
 may allot, issue, grant options over or otherwise dispose of Shares (including fractions
 of a Share) with or without preferred, deferred or other rights or restrictions, whether
 in regard to dividend, voting, return of capital or otherwise and to such persons, at such
 times and on such other terms as they think proper, and may also (subject to the Companies
 Act and these Articles) vary such rights, and for such purposes the Directors may reserve
 an appropriate number of Shares for the time being unissued; save that the Directors shall
 not allot, issue, grant options over or otherwise dispose of Shares (including fractions
 of a Share) to the extent that it may affect the ability of the Company to carry out a Class
 B Share Conversion as set out in these Articles.

16. The
 Company may issue rights, options, warrants or convertible securities or securities of a
 similar nature conferring the right upon the holders thereof to subscribe for, purchase or
 receive any class of Shares or other securities in the Company, upon such terms as the Directors
 may from time to time determine, and for such purposes the Directors may reserve an appropriate
 number of Shares for the time being unissued.

17. The
 Company may issue units of securities in the Company, which may be comprised of whole or
 fractional Shares, rights, options, warrants or convertible securities or securities of similar
 nature conferring the right upon the holders thereof to subscribe for, purchase or receive
 any class of Shares or other securities in the Company, upon such terms as the Directors
 may from time to time determine. The securities comprising any such units which are issued
 pursuant to the IPO can only be traded separately from one another on the 52nd day following
 the date of the prospectus relating to the IPO unless the Underwriter determines that an
 earlier date is acceptable, subject to the Company having filed a current report on Form
 8-K with the SEC and a press release announcing when such separate trading will begin. Prior
 to such date, the units can be traded, but the securities comprising such units cannot be
 traded separately from one another.

18. Subject
 to Article 39, the Directors, or the Shareholders by Ordinary Resolution, may authorise the
 division of Shares into any number of Classes and sub-classes and Series and sub-series and
 the different Classes and sub-classes and Series and sub-series shall be authorised, established
 and designated (or re-designated as the case may be) and the variations in the relative rights
 (including, without limitation, voting, dividend and redemption rights), restrictions, preferences,
 privileges and payment obligations as between the different Classes and Series (if any) may
 be fixed and determined by the Directors or the Shareholders by Ordinary Resolution.

19. The
 Directors may issue fractions of a Share and, if so issued, a fraction of a Share shall be
 subject to and carry the corresponding fraction of liabilities (whether with respect to nominal
 or par value, premium, calls or otherwise howsoever), limitations, preferences, privileges,
 qualifications, restrictions, rights (including without prejudice to the foregoing generality,
 voting and participation rights) and other attributes of a Share. If more than one fraction
 of a Share is issued to or acquired by the same Shareholder, such fractions shall be accumulated.

20. The
 premium arising on all issues of Shares shall be held in the Share Premium Account established
 in accordance with these Articles.

21. Payment
 for Shares shall be made at such time and place and to such person on behalf of the Company
 as the Directors may from time to time determine. Payment for any Shares shall be made in
 such currency as the Directors may determine from time to time, provided that the Directors
 shall have the discretion to accept payment in any other currency or in kind or a combination
 of cash and in kind.

**SHARE RIGHTS**

22. With
 the exception that the holder of a Class B Share shall have the conversion rights referred
 to in Article 23, the Director appointment and removal rights referred to in Article 120
 and except as otherwise specified in these Articles or required by law, the rights attaching
 to all Class A Shares and Class B Shares shall rank pari passu in all respects, and the Class
 A Shares and Class B Shares shall vote together as a single class on all matters.

**CLASS B SHARE CONVERSION**

23. Subject
 to Article 24, Class B Shares shall automatically convert into Class A Shares on a one-for-one
 basis (the Initial
 Conversion Ratio) automatically on the day of the closing
 of the initial Business Combination.

24. Notwithstanding
 the Initial Conversion Ratio:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in
 the event that additional Class A Shares or any other Equity-linked Securities are issued
 or deemed issued in excess of the amounts offered in the IPO and related to the closing of
 the initial Business Combination, all Class B Shares in issue shall automatically convert
 into Class A Shares at the time of the closing of the initial Business Combination and the
 ratio for which the Class B Shares shall convert into Class A Shares will be adjusted so
 that the number of Class A Shares issuable upon conversion of all Class B Shares will equal,
 in the aggregate, 20 per cent of the sum of: (a) all Class A Shares in issue upon completion
 of the IPO and after such conversion plus (b) all Class A Shares issued, or deemed issued
 or issuable upon conversion or exercise of any Equity-linked Securities or rights issued
 or deemed issued by the Company in connection with or in relation to the consummation of
 the initial Business Combination, excluding (x) any Class A Shares or Equity-linked Securities
 exercisable for or convertible into Class A Shares issued, or deemed issued, or to be issued,
 to any seller in the initial Business Combination and (y) any private placement warrants
 issued to the Sponsor, its affiliates or any Director or officer of the Company upon conversion
 of working capital loans made to the Company; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 foregoing adjustment to the Initial Conversion Ratio may be waived as to any particular issuance
 or deemed issuance of additional Class A Shares or Equity-linked Securities by the written
 consent or agreement of holders of a majority of the Class B Shares then in issue consenting
 as a separate class in the manner provided in Article 39.

25. The
 applicable conversion ratio for Class B Shares shall be adjusted to account for any subdivision
 (by share split, subdivision, exchange, capitalisation, rights issue, reclassification, recapitalisation
 or otherwise) or combination (by reverse share split, share consolidation, exchange, reclassification,
 recapitalisation or otherwise) or similar reclassification or recapitalisation of the Class
 A Shares in issue into a greater or lesser number of shares occurring after the adoption
 of these Articles without a proportionate and corresponding subdivision, combination or similar
 reclassification or recapitalisation of the Class B Shares in issue.

26. Each
 Class B Share shall convert into its pro rata number of Class A Shares as set forth in this
 Article 26. The pro rata share for each holder of Class B Shares will be determined as follows:
 each Class B Share shall convert into such number of Class A Shares as is equal to the product
 of 1 multiplied by a fraction, the numerator of which shall be the total number of Class
 A Shares into which all of the Class B Shares in issue shall be converted pursuant to these
 Articles and the denominator of which shall be the total number of Class B Shares in issue
 at the time of conversion.

27. Notwithstanding
 anything to the contrary in these Articles, in no event may any Class B Share convert into
 Class A Shares at a ratio that is less than one-for-one.

28. References
 in Articles 23 to 27 to converted , conversion or exchange shall
 mean the compulsory redemption without notice of Class B Shares of any Shareholder and, on
 behalf of such Shareholders, automatic application of such redemption proceeds in paying
 for such new Class A Shares into which the Class B Shares have been converted or exchanged
 at a price per Class B Share necessary to give effect to a conversion or exchange calculated
 on the basis that the Class A Shares to be issued as part of the conversion or exchange will
 be issued at par. The Class A Shares to be issued on an exchange or conversion shall be registered
 in the name of such Shareholder or in such name as the Shareholder may direct.

**REDEMPTION, PURCHASE AND SURRENDER OF SHARES**

29. Subject
 to the Companies Act and the rules of the Designated Stock Exchange, the Company may:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) issue
 Shares on terms that they are to be redeemed or are liable to be redeemed at the option of
 the Company or the Shareholder on such terms and in such manner as the Directors may determine;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) purchase
 its own Shares (including any redeemable Shares) on such terms and in such manner as the
 Directors may determine and agree with the Shareholder;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) make
 a payment in respect of the redemption or purchase of its own Shares in any manner authorised
 by the Companies Act, including out of its capital; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) accept
 the surrender for no consideration of any paid up Share (including any redeemable Share)
 on such terms and in such manner as the Directors may determine.

30. With
 respect to redeeming or repurchasing the Shares:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Shareholders
 who hold Public Shares are entitled to request the redemption of such Shares in the circumstances
 described in these Articles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Shares
 held by the Founders shall be surrendered by the Founders on a pro rata basis for no consideration
 to the extent that the Over-Allotment Option is not exercised in full so that the Founders
 will own, on an as converted basis, 20 per cent of the Company's issued Shares after
 the IPO (exclusive of any securities purchased in a private placement simultaneously with
 the IPO); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Public
 Shares shall be repurchased by way of tender offer in the circumstances set out in these
 Articles.

31. The
 redemptions and repurchases of Shares in the circumstances described in Article 30 above
 shall not require further approval of the Shareholders.

32. Any
 Share in respect of which notice of redemption has been given shall not be entitled to participate
 in the profits of the Company in respect of the period after the date specified as the date
 of redemption in the notice of redemption.

33. The
 redemption, purchase or surrender of any Share shall not be deemed to give rise to the redemption,
 purchase or surrender of any other Share.

34. The
 Directors may when making payments in respect of redemption or purchase of Shares, if authorised
 by the terms of issue of the Shares being redeemed or purchased or with the agreement of
 the holder of such Shares, make such payment either in cash or in specie including, without
 limitation, interests in a special purpose vehicle holding assets of the Company or holding
 entitlement to the proceeds of assets held by the Company or in a liquidating structure.

**TREASURY SHARES**

35. Shares
 that the Company purchases, redeems or acquires (by way of surrender or otherwise) may, at
 the option of the Company, be cancelled immediately or held as Treasury Shares in accordance
 with the Companies Act. In the event that the Directors do not specify that the relevant
 Shares are to be held as Treasury Shares, such Shares shall be cancelled.

36. No
 dividend may be declared or paid, and no other distribution (whether in cash or otherwise)
 of the Company's assets (including any distribution of assets to Shareholders on a
 winding up) may be declared or paid in respect of a Treasury Share.

37. The
 Company shall be entered in the Register of Members as the holder of the Treasury Shares
 provided that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Company shall not be treated as a Shareholder for any purpose and shall not exercise any
 right in respect of the Treasury Shares, and any purported exercise of such a right shall
 be void; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) a
 Treasury Share shall not be voted, directly or indirectly, at any meeting of the Company
 and shall not be counted in determining the total number of issued shares at any given time,
 whether for the purposes of these Articles or the Companies Act, save that an allotment of
 Shares as fully paid bonus shares in respect of Treasury Shares is permitted and Shares allotted
 as fully paid bonus shares in respect of Treasury Shares shall be treated as Treasury Shares.

38. Treasury
 Shares may be disposed of by the Company on any terms and conditions as determined by the
 Directors.

**MODIFICATION OF RIGHTS**

39. If
 at any time the share capital of the Company is divided into different classes of Shares,
 the rights attached to any class (unless otherwise provided by the terms of issue of the
 Shares of that class) may, whether or not the Company is being wound up, be varied without
 the consent in writing of the holders of the issued Shares of that class where such variation
 is considered by the Directors not to have a material adverse effect upon such rights; otherwise,
 any such variation shall be made only with the consent in writing of the holders of not less
 than two thirds of the issued Shares of that class, or with the approval of a resolution
 passed by a majority of not less than two thirds of the votes cast at a separate meeting
 of the holders of the Shares of that class (other than with respect to a waiver pursuant
 to Article 24(b), which as stated therein shall only require the consent in writing of the
 holders of a majority of the issued Shares of that class). For the avoidance of doubt, the
 Directors reserve the right, notwithstanding that any such variation may not have a material
 adverse effect, to obtain consent from the holders of Shares of the relevant class. To any
 such meeting all the provisions of these Articles relating to general meetings shall apply *mutatis mutandis*, except that the necessary quorum shall be one or more persons holding
 or representing by proxy at least one third in nominal or par value amount of the issued
 Shares of the class (but so that if at any adjourned meeting of such holders a quorum as
 above defined is not present, those Shareholders who are present shall form a quorum) and
 that any holder of Shares of the class present in person or by proxy may demand a poll.

40. For
 the purposes of a separate class meeting, the Directors may treat two or more or all the
 classes of Shares as forming one class of Shares if the Directors consider that such class
 of Shares would be affected in the same way by the proposals under consideration, but in
 any other case shall treat them as separate classes of Shares.

41. The
 provisions of these Articles relating to general meetings shall apply to every class meeting
 of the holders of one class of Shares except that the necessary quorum shall be one or more
 Shareholders holding or representing by proxy at least twenty per cent in par value of the
 issued Shares of the class and that any holder of Shares of the class present in person or
 by proxy may demand a poll.

42. The
 rights conferred upon the holders of the Shares of any class issued with preferred or other
 rights shall not, unless otherwise expressly provided by the terms of issue of the Shares
 of that class, be deemed to be varied by the creation or issue of further Shares ranking
 pari passu therewith, any variation of the rights conferred upon the holders of Shares of
 any other class, or the redemption or purchase of any Shares of any class by the Company.

**COMMISSION ON SALES OF SHARES**

43. The
 Company may, in so far as the Companies Act permits, pay a commission to any person in consideration
 of his subscribing or agreeing to subscribe (whether absolutely or conditionally) or procuring
 or agreeing to procure subscriptions (whether absolutely or conditionally) for any Shares.
 Such commissions may be satisfied by the payment of cash and/or the issue of fully or partly
 paid-up Shares. The Company may also on any issue of Shares pay such brokerage as may be
 lawful.

**SHARE CERTIFICATES**

44. The
 Shares will be issued in fully registered, book-entry form. A Shareholder shall only be entitled
 to a share certificate if the Directors resolve that share certificates shall be issued.
 Share certificates representing Shares, if any, shall be in such form as the Directors may
 determine. Share certificates shall be signed by one or more Directors or other person authorised
 by the Directors. The Directors may authorise certificates to be issued with the authorised
 signature(s) affixed by mechanical process. All certificates for Shares shall be consecutively
 numbered or otherwise identified and shall specify the Shares to which they relate. All certificates
 surrendered to the Company for transfer shall be cancelled and, subject to these Articles,
 no new certificate shall be issued until the former certificate representing a like number
 of relevant Shares shall have been surrendered and cancelled.

45. If
 a share certificate is defaced, worn out lost or destroyed it may be renewed on such terms
 (if any) as to evidence and indemnity and on payment of such fee, if any, and on such terms
 if any, as to evidence and obligations to indemnify the Company as the Board of Directors
 may determine and (in the case of defacement or wearing out) upon delivery of the old certificate.

46. Every
 share certificate sent in accordance with these Articles will be sent at the risk of the
 Shareholder or other person entitled to the certificate. The Company will not be responsible
 for any share certificate lost or delayed in the course of delivery.

47. Every
 share certificate of the Company shall bear legends required under Applicable Law, including
 the US Exchange Act.

**TRANSFER AND TRANSMISSION OF SHARES**

48. Subject
 to these Articles and the rules or regulations of the Designated Stock Exchange or any relevant
 rules of the SEC or securities laws (including, but not limited to the US Exchange Act),
 a Shareholder may transfer all or any of his, her or its Shares.

49. The
 instrument of transfer of any Share shall be in: (a) any usual or common form; (b) such form
 as is prescribed by the Designated Stock Exchange; or (c) any other form as the Directors
 may determine, and shall be executed by or on behalf of the transferor and if in respect
 of a nil or partly paid up Share, or if so required by the Directors, shall also be executed
 on behalf of the transferee and shall be accompanied by the certificate (if any) of the Shares
 to which it relates and such other evidence as the Directors may reasonably require to show
 the right of the transferor to make the transfer. The transferor shall be deemed to remain
 the holder of a Share until the name of the transferee is entered in the Register of Members
 in respect of the relevant Shares.

50. Subject
 to the terms of issue thereof and the rules or regulations of the Designated Stock Exchange
 or any relevant rules of the SEC or securities laws (including, but not limited to, the US
 Securities Act of 1933, as amended), the Directors may determine to decline to register any
 transfer of Shares without assigning any reason therefor. If the Shares in question were
 issued in conjunction with rights, options or warrants issued pursuant to these Articles
 on terms that one cannot be transferred without the other, the Directors shall refuse to
 register the transfer of any such Share without evidence satisfactory to them of the like
 transfer of such option or warrant.

51. The
 registration and transfer of Shares may be suspended at such times and for such periods as
 the Directors may from time to time determine.

52. All
 instruments of transfer which are registered shall be retained by the Company, but any instrument
 of transfer which the Directors may decline to register shall (except in any case of fraud)
 be returned to the person depositing the same.

53. In
 case of the death of a Shareholder, the survivors or survivor (where the deceased was a joint
 holder) and the executors or administrators of the deceased where the deceased was the sole
 or only surviving holder, shall be the only persons recognised by the Company as having title
 to the deceased's interest in the Shares, but nothing in this Article shall release
 the estate of the deceased holder whether sole or joint from any liability in respect of
 any Share solely or jointly held by the deceased.

54. Any
 guardian of an infant Shareholder and any curator or other legal representative of a Shareholder
 under legal disability and any person entitled to a share in consequence of the death or
 bankruptcy of a Shareholder shall, upon producing such evidence of title as the Directors
 may require, have the right either to be registered as the holder of the Share or to make
 such transfer thereof as the deceased or bankrupt Shareholder could have made, but the Directors
 shall in either case have the same right to refuse or suspend registration as they would
 have had in the case of a transfer of the Shares by the infant or by the deceased or bankrupt
 Shareholder before the death or bankruptcy or by the Shareholder under legal disability before
 such disability.

55. A
 person so becoming entitled to a Share in consequence of the death or bankruptcy of a Shareholder
 shall have the right to receive and may give a discharge for all dividends and other money
 payable or other advantages due on or in respect of the Share, but such person shall not
 be entitled to receive notice of or to attend or vote at meetings of the Company, or save
 as aforesaid, to any of the rights or privileges of a Shareholder unless and until such person
 shall be registered as a Shareholder in respect of the Share provided always that the Directors
 may at any time give notice requiring any such person to elect either to be registered himself
 or to transfer the Share and if the notice is not complied with within ninety (90) days the
 Directors may thereafter withhold all dividends or other monies payable or other advantages
 due in respect of the Share until the requirements of the notice have been complied with.

**LIEN**

56. The
 Company shall have a first and paramount lien on all Shares (whether fully paid-up or not)
 registered in the name of a Shareholder (whether solely or jointly with others) for all debts,
 liabilities or engagements to or with the Company (whether presently payable or not) by such
 Shareholder or the Shareholder's estate, either alone or jointly with any other person,
 whether a Shareholder or not, but the Directors may at any time declare any Share to be wholly
 or in part exempt from the provisions of this Article. The registration of a transfer of
 any such Share shall operate as a waiver of the Company's lien thereon. The Company's
 lien on a Share shall also extend to any amount payable in respect of that Share.

57. The
 Company may sell, in such manner as the Directors think fit, any Shares on which the Company
 has a lien, if a sum in respect of which the lien exists is presently payable, and is not
 paid within fourteen (14) clear days after notice has been given to the holder of the Shares,
 or to the person entitled to it in consequence of the death or bankruptcy of the holder,
 demanding payment and stating that if the notice is not complied with the Shares may be sold.

58. To
 give effect to any such sale the Directors may authorise any person to execute an instrument
 of transfer of the Shares sold to, or in accordance with the directions of, the purchaser.
 The purchaser or the purchaser's nominee shall be registered as the holder of the Shares
 comprised in any such transfer, and the purchaser shall not be bound to see to the application
 of the purchase money, nor shall the purchaser's title to the Shares be affected by
 any irregularity or invalidity in the sale or the exercise of the Company's power of
 sale under these Articles.

59. The
 net proceeds of such sale, after payment of costs, shall be applied in payment of such part
 of the amount in respect of which the lien exists as is presently payable and any residue
 shall (subject to a like lien for sums not presently payable as existed upon the Shares before
 the sale) be paid to the person entitled to the Shares at the date of the sale.

**CALL ON SHARES**

60. Subject
 to the terms of the allotment the Directors may from time to time make calls upon the Shareholders
 in respect of any monies unpaid on their Shares (whether in respect of par value or premium),
 and each Shareholder shall (subject to receiving at least fourteen (14) days' notice
 specifying the time or times of payment) pay to the Company at the time or times so specified
 the amount called on the Shares. A call may be revoked or postponed as the Directors may
 determine. A call may be required to be paid by instalments. A person upon whom a call is
 made shall remain liable for calls made upon them notwithstanding the subsequent transfer
 of the Shares in respect of which the call was made.

61. A
 call shall be deemed to have been made at the time when the resolution of the Directors authorising
 such call was passed.

62. The
 joint holders of a Share shall be jointly and severally liable to pay all calls in respect
 thereof.

63. If
 a call remains unpaid after it has become due and payable, the person from whom it is due
 shall pay interest on the amount unpaid from the day it became due and payable until it is
 paid at such rate as the Directors may determine, but the Directors may waive payment of
 the interest wholly or in part.

64. An
 amount payable in respect of a Share on allotment or at any fixed date, whether on account
 of the par value of the Share or premium or otherwise, shall be deemed to be a call and if
 it is not paid all the provisions of these Articles shall apply as if that amount had become
 due and payable by virtue of a call.

65. The
 Directors may issue Shares with different terms as to the amount and times of payment of
 calls, or the interest to be paid.

66. The
 Directors may, if they think fit, receive an amount from any Shareholder willing to advance
 all or any part of the monies uncalled and unpaid upon any Shares held by such Shareholder,
 and may (until the amount would otherwise become payable) pay interest at such rate as may
 be agreed upon between the Directors and the Shareholder paying such amount in advance.

67. No
 such amount paid in advance of calls shall entitle the Shareholder paying such amount to
 any portion of a dividend declared in respect of any period prior to the date upon which
 such amount would, but for such payment, become payable.

**FORFEITURE OF SHARES**

68. If
 a call remains unpaid after it has become due and payable the Directors may give to the person
 from whom it is due not less than fourteen (14) clear days' notice requiring payment
 of the amount unpaid together with any interest which may have accrued. The notice shall
 specify where payment is to be made and shall state that if the notice is not complied with
 the Shares in respect of which the call was made will be liable to be forfeited.

69. If
 the notice is not complied with any Share in respect of which it was given may, before the
 payment required by the notice has been made, be forfeited by a resolution of the Directors.
 Such forfeiture shall include all dividends or other monies declared payable in respect of
 the forfeited Share and not paid before the forfeiture.

70. A
 forfeited Share may be sold, re-allotted or otherwise disposed of on such terms and in such
 manner as the Directors think fit and at any time before a sale, re-allotment or disposition
 the forfeiture may be cancelled on such terms as the Directors think fit. Where for the purposes
 of its disposal a forfeited Share is to be transferred to any person the Directors may authorise
 some person to execute an instrument of transfer of the Share in favour of that person.

71. A
 person any of whose Shares have been forfeited shall cease to be a Shareholder in respect
 of them and shall surrender to the Company for cancellation the certificate for the Shares
 forfeited and shall remain liable to pay to the Company all monies which at the date of forfeiture
 were payable by such person to the Company in respect of those Shares together with interest,
 but such person's liability shall cease if and when the Company shall have received
 payment in full of all monies due and payable by such person in respect of those Shares.

72. A
 certificate in writing under the hand of one Director or officer of the Company that a Share
 has been forfeited on a specified date shall be conclusive evidence of the fact as against
 all persons claiming to be entitled to the Share. The certificate shall (subject to the execution
 of any instrument of transfer) constitute a good title to the Share and the person to whom
 the Share is disposed of shall not be bound to see to the application of the purchase money,
 if any, nor shall such person's title to the Share be affected by any irregularity
 or invalidity in the proceedings in reference to the forfeiture, sale or disposal of the
 Share.

73. The
 provisions of these Articles as to forfeiture shall apply in the case of non-payment of any
 sum which, by the terms of issue of a Share, becomes payable at a fixed time, whether on
 account of the par value of the Share or by way of premium as if it had been payable by virtue
 of a call duly made and notified.

**ALTERATION OF SHARE CAPITAL**

74. The
 Company may from time to time by Ordinary Resolution increase its share capital by such sum
 to be divided into Shares of such classes and amounts, with such rights, priorities and privileges
 annexed thereto as the resolution shall prescribe.

75. All
 new Shares shall be subject to the provisions of these Articles with reference to transfer,
 transmission and otherwise.

76. Subject
 to the Companies Act, the Company may by Special Resolution from time to time reduce its
 share capital in any way, and in particular, without prejudice to the generality of the foregoing
 power, may:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) cancel
 any paid-up share capital which is lost, or which is not represented by available assets;
 or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) pay
 off any paid-up share capital which is in excess of the requirements of the Company,

and may, if and so far as is necessary, alter the Memorandum by reducing the amounts of its share capital and of its Shares accordingly.

77. The
 Company may from time to time by Ordinary Resolution alter (without reducing) its share capital
 by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) consolidating
 and dividing all or any of its share capital into Shares of larger amount than its existing
 Shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) sub
 dividing its Shares, or any of them, into Shares of smaller amount than that fixed by the
 Memorandum so, however, that in the sub division the proportion between the amount paid and
 the amount, if any, unpaid on each reduced Share shall be the same as it was in the case
 of the Share from which the reduced Share is derived; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) cancelling
 any Shares which, at the date of the passing of the Ordinary Resolution, have not been taken,
 or agreed to be taken by any person, and diminishing the amount of its authorised share capital
 by the amount of the Shares so cancelled.

**GENERAL MEETINGS**

78. For
 so long as any Shares are traded on a Designated Stock Exchange, the Company shall in each
 year hold a general meeting as its annual general meeting, and shall specify the meeting
 as such in the notices calling it, unless such Designated Stock Exchange does not require
 the holding of an annual general meeting. Any annual general meeting shall be held at such
 time and place as the Directors shall appoint in accordance with the rules of the Designated
 Stock Exchange and if no other time and place is prescribed by them, it shall be held at
 the Registered Office on the second Wednesday in December of each year at ten o'clock
 in the morning. At these meetings the report of the Directors (if any) shall be presented.

79. All
 general meetings (other than annual general meetings) shall be called extraordinary general
 meetings.

80. The
 Directors may proceed to convene a general meeting whenever they think fit, including, without
 limitation, for the purposes of considering a liquidation of the Company, and they shall
 convene a general meeting on the requisition of the Shareholders holding at the date of the
 deposit of the requisition not less than 30 per cent in par value of such of the paid-up
 capital of the Company as at the date of the deposit carries the right of voting at general
 meetings.

81. The
 requisition:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) must
 be in writing and state the objects of the meeting;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) must
 be signed by each requisitionist and deposited at the Registered Office; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) may
 consist of several documents in like form each signed by one or more requisitionists.

82. If
 the Directors do not within twenty-one (21) days from the date of the deposit of the requisition
 duly proceed to convene a general meeting, the requisitionists, or any of them representing
 more than one-half of the total voting rights of all of them, may themselves convene a general
 meeting, but any meeting so convened shall not be held no later than the day which falls
 three months after the expiration of the said twenty-one (21) days.

83. A
 general meeting convened as aforesaid by requisitionists shall be convened in the same manner
 as nearly as possible as that in which general meetings are convened by the Directors. A
 general meeting may be convened in the Cayman Islands or at such other location, as the Directors
 think fit.

84. Shareholders
 seeking to bring business before the annual general meeting or to nominate candidates for
 election as Directors at the annual general meeting must deliver notice to the principal
 executive offices of the Company not later than the close of business on the 90th day nor
 earlier than the close of business on the 120th day prior to the scheduled date of the annual
 general meeting .

**NOTICE OF GENERAL MEETINGS**

85. Five
 (5) calendar days' notice at least specifying the place, the day and the hour of any
 general meeting, and in case of special business the general nature of such business (and
 in the case of an annual general meeting specifying the meeting as such), shall be given
 in the manner hereinafter mentioned to such persons as are under these Articles or the conditions
 of issue of the Shares held by them entitled to receive notices from the Company. If the
 Directors determine that prompt Shareholder action is advisable, they may shorten the notice
 period for any general meeting to such period as the Directors consider reasonable.

86. A
 general meeting shall, notwithstanding that it is called by shorter notice than that specified
 in the preceding Article, be deemed to have been duly called with regard to the length of
 notice if it is so agreed:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in
 the case of a meeting called as the annual general meeting by all the Shareholders entitled
 to attend and vote thereat; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) in
 the case of any other meeting by a majority in number of the Shareholders having a right
 to attend and vote at the meeting, being a majority together holding not less than ninety-five
 (95) per cent in nominal value of the Shares giving that right.

87. In
 every notice calling a general meeting, there shall appear with reasonable prominence a statement
 that a Shareholder entitled to attend and vote either (i) is entitled to appoint one or more
 proxies to attend such meeting and vote instead of such Shareholder and that a proxy need
 not also be a Shareholder or (ii) has appointed a proxy who, unless such appointment is revoked,
 will attend such meeting and vote on behalf of such Shareholder.

88. The
 accidental omission to give notice to, or the non-receipt of notice by, any person entitled
 to receive notice shall not invalidate the proceedings at any general meeting.

**PROCEEDINGS AT GENERAL MEETINGS**

89. All
 business shall be deemed special that is transacted at an extraordinary general meeting,
 and also all business that is transacted at an annual general meeting with the exception
 of declaring or approving the payment of dividends, the consideration of the accounts and
 balance sheet and the reports of the Directors and Auditors, the election of Directors in
 the place of those retiring, the appointment of additional Directors, the fixing of the remuneration
 of the Directors and the fixing of the remuneration of the Auditors.

90. No
 business shall be transacted at any general meeting unless a quorum is present. Save as otherwise
 provided in these Articles a quorum shall be the presence, in person or by proxy, of one
 or more persons holding at least a majority in par value of the issued Shares which confer
 the right to attend and vote thereat.

91. Save
 as otherwise provided for in these Articles, if within half an hour from the time appointed
 for the meeting a quorum is not present, the meeting, if convened on the requisition of or
 by Shareholders, shall be dissolved. In any other case it shall stand adjourned to the same
 day in the next week, at the same time and place or to such other day and at such other time
 and place as the Directors may determine and if at such adjourned meeting a quorum is not
 present within fifteen (15) minutes from the time appointed for holding the meeting, the
 Shareholders present shall be a quorum.

92. A
 person may, with the consent of the Directors, participate at a general meeting by means
 of telephone, video or similar communication equipment by way of which all persons participating
 in such meeting can hear each other and such participation shall be deemed to constitute
 presence in person at such meeting.

93. The
 Chairperson (if any) or, if absent, the Deputy Chairperson (if any) of the Board of Directors,
 or, failing him or her, some other Director nominated by the Directors shall preside as Chairperson
 at every general meeting, but if at any meeting neither the Chairperson nor the Deputy Chairperson
 nor such other Director be present within fifteen (15) minutes after the time appointed for
 holding the meeting, or if neither of them be willing to act as Chairperson, the Directors
 present shall choose some Director present to be Chairperson or if no Directors be present,
 or if all the Directors present decline to take the chair, the Shareholders present shall
 choose some Shareholder present to be Chairperson.

94. The
 Chairperson may with the consent of any meeting at which a quorum is present (and shall if
 so directed by the meeting) adjourn the meeting from time to time and from place to place
 but no business shall be transacted at any adjourned meeting except business which might
 lawfully have been transacted at the meeting from which the adjournment took place. The Chairperson
 may adjourn any meeting without the consent of such meeting if, in his sole opinion, he considers
 it necessary to do so to: secure the orderly conduct or proceedings of the meeting; or give
 all persons present in person or by proxy and having the right to speak and/or vote at such
 meeting, the ability to do so, but no business shall be transacted at any adjourned meeting
 other than the business left unfinished at the meeting from which the adjournment took place.
 When a meeting is adjourned for thirty (30) days or more, five (5) calendar days' notice
 at the least specifying the place, the day and the hour of the adjourned meeting, shall be
 given as in the case of the original meeting but it shall not be necessary to specify in
 such notice the nature of the business to be transacted at the adjourned meeting. Save as
 aforesaid, it shall not be necessary to give any notice of an adjournment or of the business
 to be transacted at an adjourned meeting.

95. The
 Directors may cancel or postpone any duly convened general meeting at any time prior to such
 meeting, except for general meetings requisitioned by the Shareholders in accordance with
 these Articles, for any reason or for no reason at any time prior to the time for holding
 such meeting or, if the meeting is adjourned, the time for holding such adjourned meeting.
 The Directors shall give the Shareholders notice in writing of any cancellation or postponement.
 A postponement may be for a stated period of any length or indefinitely as the Directors
 may determine.

96. At
 any general meeting, a resolution put to the vote of the meeting shall be decided on a show
 of hands unless a poll is, before or on the declaration of the result of the show of hands,
 demanded by the Chairperson or any other Shareholder present in person or by proxy.

97. Unless
 a poll be so demanded, a declaration by the Chairperson that a resolution has on a show of
 hands been carried, or carried unanimously, or by a particular majority, or lost, and an
 entry to that effect made in the Company's minute book containing the minutes of the
 proceedings of the meeting, shall be conclusive evidence of the fact without proof of the
 number or the proportion of the votes recorded in favour of or against such resolution.

98. If
 a poll is duly demanded it shall be taken in such manner and at such place as the Chairperson
 may direct (including the use of a ballot or voting papers, or tickets) and the result of
 a poll shall be deemed to be the resolution of the meeting at which the poll was demanded.
 The Chairperson may, in the event of a poll, appoint scrutineers and may adjourn the meeting
 to some place and time fixed by the Chairperson for the purpose of declaring the result of
 the poll.

99. In
 the case of an equality of votes, whether on a show of hands or on a poll, the Chairperson
 of the meeting at which the show of hands or at which the poll is taken, shall not be entitled
 to a second or casting vote.

100. A
 poll demanded on the election of a Chairperson and a poll demanded on a question of adjournment
 shall be taken forthwith. A poll demanded on any other question shall be taken at such time
 and place as the Chairperson directs not being more than ten days from the date of the meeting
 or adjourned meeting at which the poll was demanded.

101. The
 demand for a poll shall not prevent the continuance of a meeting for the transaction of any
 business other than the question on which the poll has been demanded.

102. A
 demand for a poll may be withdrawn and no notice need be given of a poll not taken immediately.

**VOTES OF SHAREHOLDERS**

103. Subject
 to any rights or restrictions attached to any Shares , on a show of hands every holder of Shares present and entitled
 to vote thereon shall have one vote. On a poll every holder of Shares, present in person
 or by proxy and entitled to vote thereon, shall be entitled to one vote in respect of each
 Share held by them.

104. In
 the case of joint holders of a Share, the vote of the senior holder who tenders a vote, whether
 in person or by proxy, shall be accepted to the exclusion of the votes of the other joint
 holders, and for this purpose seniority shall be determined by the order in which the names
 stand in the Register of Members in respect of the Shares.

105. A
 Shareholder who has appointed special or general attorneys or a Shareholder who is subject
 to a disability may vote on a poll, by such Shareholder's attorney, committee, receiver,
 curator bonis or other person in the nature of a committee, receiver, or curator bonis appointed
 by a court and such attorney, committee, receiver, curator bonis or other person may on a
 poll vote by proxy; provided that such evidence as the Directors may require of the authority
 of the person claiming to vote shall, unless otherwise waived by the Directors, have been
 deposited at the Registered Office not less than forty-eight (48) hours before the time for
 holding the meeting or adjourned meeting at which such person claims to vote.

106. No
 objection shall be raised to the qualification of any voter except at the meeting or adjourned
 meeting at which the vote objected to is given or tendered, and every vote not disallowed
 at such meeting shall be valid for all purposes. Any such objection made in due time shall
 be referred to the Chairperson of the meeting, whose decision shall be final and conclusive.

107. On
 a poll votes may be given either personally or by proxy and a Shareholder entitled to more
 than one vote need not, if the Shareholder votes, use all their votes or cast all the votes
 the Shareholder uses in the same way.

108. The
 instrument appointing a proxy shall be in writing under the hand of the appointor or of the
 appointor's attorney duly authorised in writing, or if the appointor is a corporation,
 either under its common seal or under the hand of an officer or attorney so authorised.

109. Any
 person (whether a Shareholder or not) may be appointed to act as a proxy. A Shareholder may
 appoint more than one proxy to attend on the same occasion.

110. The
 instrument appointing a proxy and the power of attorney or other authority (if any) under
 which it is signed, or a certified copy of such power or authority, must be deposited at
 the Registered Office, or at such other place as is specified for that purpose in the notice
 of meeting or in the instrument of proxy issued by the Company, no later than the time appointed
 for holding the meeting or adjourned meeting; provided that the Chairperson of the meeting
 may in the Chairperson's discretion accept an instrument of proxy sent by fax, email
 or other electronic means.

111. An
 instrument of proxy shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) be
 in any common form or in such other form as the Directors may approve;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) be
 deemed to confer authority to demand or join in demanding a poll and to vote on any amendment
 of a resolution put to the general meeting for which it is given as the proxy thinks fit;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) subject
 to its terms, be valid for any adjournment of the general meeting for which it is given.

112. The
 Directors may at the expense of the Company send to the Shareholders instruments of proxy
 (with or without prepaid postage for their return) for use at any general meeting, either
 in blank or nominating in the alternative any one or more of the Directors or any other persons.
 If for the purpose of any meeting invitations to appoint as proxy a person or one of a number
 of persons specified in the invitations are issued at the expense of the Company, such invitations
 shall be issued to all (and not to some only) of the Shareholders entitled to be sent a notice
 of the meeting and to vote thereat by proxy.

113. A
 vote given in accordance with the terms of an instrument of proxy shall be valid notwithstanding
 the death or insanity of the principal or the revocation of the instrument of proxy, or of
 the authority under which the instrument of proxy was executed; provided that no intimation
 in writing of such death, insanity, revocation or transfer shall have been received by the
 Company at the Registered Office before commencement of the meeting or adjourned meeting
 at which the instrument of proxy is used.

114. Anything
 which under these Articles a Shareholder may do by proxy that Shareholder may also do by
 a duly appointed attorney. The provisions of these Articles relating to proxies and instruments
 appointing proxies apply, *mutatis mutandis*, to any such attorney and the instrument
 appointing that attorney.

115. Any
 Shareholder which is a corporation or partnership may, by a resolution of its directors or
 other governing body, authorise such person as it thinks fit to act as its representative
 at any meeting or meetings of the Company. The person so authorised shall be entitled to
 exercise the same powers on behalf of such corporation or partnership as the corporation
 or partnership could exercise if it were a Shareholder who was an individual and such corporation
 or partnership shall for the purposes of these Articles be deemed to be present in person
 at any such meeting if a person so authorised is present.

**CLEARING HOUSES**

116. If
 a clearing house (or its nominee(s)), being a corporation, is a Shareholder it may, by resolution
 of its directors or other governing body or by power of attorney, authorise such person or
 persons as it thinks fit to act as its representative or representatives at any general meeting
 or at any meeting of any class of Shareholders provided that, if more than one person is
 so authorised, the authorisation shall specify the number and class of Shares in respect
 of which each such person is so authorised. A person so authorised pursuant to this Article
 shall be entitled to exercise the same powers on behalf of the clearing house (or its nominee)
 which that person represents as that clearing house (or its nominee) could exercise if it
 were an individual Shareholder holding the number and Class of Shares specified in such authorisation.

**WRITTEN RESOLUTIONS OF SHAREHOLDERS**

117. A
 resolution in writing signed by all the Shareholders for the time being entitled to receive
 notice of, attend and vote at a general meeting shall be as valid and effective as a resolution
 passed at a general meeting duly convened and held and may consist of several documents in
 the like form each signed by one or more of the Shareholders.

**DIRECTORS**

118. There
 shall be a Board of Directors consisting of not less than one person (exclusive of alternate
 Directors), provided, however, that the Company may from time to time by Ordinary Resolution
 increase or reduce the limits in the number of Directors.

119. A
 Director need not be a Shareholder but shall be entitled to receive notice of and attend
 all general meetings.

120. Prior
 to the consummation of an initial Business Combination, the Company may by Ordinary Resolution
 of the holders of the Class B Shares (only) appoint any person to be a Director or remove
 any Director for any reason. For the avoidance of doubt:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) prior
 to the consummation of an initial Business Combination, holders of Class A Shares shall have
 no right to vote on the appointment or removal of any Director; provided, however, that if
 all of the Class B Shares are converted prior to the date of the initial Business Combination,
 the holders of Class A Shares will have the right to vote on the election of Directors; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) following
 the consummation of an initial Business Combination, the Company may by Ordinary Resolution
 (of all Shareholders entitled to vote) appoint or remove any Director in accordance with
 these Articles.

121. For
 so long as any of the Shares are traded on a Designated Stock Exchange, the Directors shall
 be divided into three (3) classes designated as Class I, Class II and Class III, respectively.
 Directors shall be assigned to each class in accordance with a resolution or resolutions
 adopted by the Board of Directors. At the first annual general meeting after the IPO, the
 term of office of the Class I Directors shall expire and Class I Directors shall be elected
 for a full term of three (3) years. At the second annual general meeting after the IPO, the
 term of office of the Class II Directors shall expire and Class II Directors shall be elected
 for a full term of three (3) years. At the third annual general meeting after the IPO, the
 term of office of the Class III Directors shall expire and Class III Directors shall be elected
 for a full term of three (3) years. At each succeeding annual general meeting, Directors
 shall be elected for a full term of three (3) years to succeed the Directors of the class
 whose terms expire at such annual general meeting. Notwithstanding the foregoing provisions
 of this Article, each Director shall hold office until the expiration of his or her term,
 until his or her successor shall have been duly elected and qualified or until his or her
 earlier death, resignation or removal. No decrease in the number of Directors constituting
 the Board of Directors shall shorten the term of any incumbent Director. The term limits
 in this Article shall not apply to any Directors appointed prior to the first annual general
 meeting.

122. The
 Directors may appoint any person to be a Director, either to fill a vacancy or as an additional
 Director; provided that the appointment does not cause the number of Directors to exceed
 any number fixed by or in accordance with these Articles as the maximum number of Directors.
 Any Director appointed in accordance with the preceding sentence shall hold office for the
 remainder of the full term of the class of Directors in which the new directorship was created
 or the vacancy occurred and until such Director's successor shall have been duly elected
 and qualified or until his or her earlier resignation, death or removal. When the number
 of Directors is increased or decreased, the Board of Directors shall, subject to Article
 121, determine the class or classes to which the increased or decreased number of Directors
 shall be apportioned; provided, however, that no decrease in the number of Directors shall
 shorten the term of any incumbent Director.

123. Each
 Director shall be entitled to such remuneration as approved by the Board of Directors and
 this may be in addition to such remuneration as may be payable under any provision of these
 Articles. Such remuneration shall be deemed to accrue from day to day. The Directors and
 the Secretary may also be paid all travelling, hotel and other expenses properly incurred
 by them in attending and returning from meetings of the Directors or any committee of the
 Directors or general meetings or in connection with the business of the Company. The Directors
 may in addition to such remuneration as aforesaid grant special remuneration to any Director
 who, being called upon, shall perform any special or extra services to or at the request
 of the Company.

124. Articles
 120 and 128(g) may only be amended by a Special Resolution passed by a majority of not less
 than two-thirds of the votes cast at a general meeting including a simple majority of the
 holders of Class B Shares (and if the Shareholders vote in favour of such amendment but the
 approval of a simple majority of the holders of Class B Shares has not yet been obtained,
 the holders of a simple majority of Class B Shares shall have, in such vote, voting rights
 equal to the aggregate voting power of all the Shareholders who voted in favour of the resolution
 plus one).

125. Each
 Director shall have the power to nominate another Director or any other person to act as
 alternate Director in the Director's place at any meeting of the Directors at which
 the Director is unable to be present and at the Director's discretion to remove such
 alternate Director. On such appointment being made the alternate Director shall (except as
 regards the power to appoint an alternate Director) be subject in all respects to the terms
 and conditions existing with reference to the other Directors and each alternate Director,
 whilst acting in the place of an absent Director, shall exercise and discharge all the functions,
 powers and duties of the Director being represented. Any Director who is appointed as alternate
 Director shall be entitled at a meeting of the Directors to cast a vote on behalf of their
 appointor in addition to the vote to which such Director is entitled in their own capacity
 as a Director, and shall also be considered as two Directors for the purpose of making a
 quorum of Directors. Any person appointed as an alternate Director shall automatically vacate
 such office as an alternate Director if and when the Director by whom the alternate Director
 has been appointed vacates their office of Director. The remuneration of an alternate Director
 shall be payable out of the remuneration of the Director appointing such alternate Director
 and shall be agreed between them.

126. Every
 instrument appointing an alternate Director shall be in such common form as the Directors
 may approve.

127. The
 appointment and removal of an alternate Director shall take effect when lodged at the Registered
 Office or delivered at a meeting of the Directors.

128. The
 office of a Director shall be vacated in any of the following events namely:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) if
 the Director resigns their office by notice in writing signed by that Director and left at
 the Registered Office;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if
 the Director is absent (for the avoidance of doubt, without being represented by proxy or
 an alternate Director appointed by that Director) from three consecutive meetings of the
 Board of Directors without special leave of absence from the Directors, and the Directors
 pass a resolution that the relevant Director has by reason of such absence vacated office;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) if
 the Director becomes bankrupt or makes any arrangement or composition with such Director's
 creditors generally;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) if
 the Director dies or is found to be or becomes of unsound mind;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) if
 the Director ceases to be a Director by virtue of, or becomes prohibited from being a Director
 by reason of, an order made under any provisions of any law or enactment;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) if
 the Director is requested by all of the other Directors to vacate office;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) prior
 to the consummation of an initial Business Combination, if the Director is removed from office
 by Ordinary Resolution of the holders of the Class B Shares (only); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) following
 the consummation of an initial Business Combination, if the Director is removed from office
 by Ordinary Resolution (of all Shareholders entitled to vote).

**TRANSACTIONS WITH DIRECTORS**

129. A
 Director or alternate Director may hold any other office or place of profit under the Company
 (other than the office of Auditor) in conjunction with their office of Director on such terms
 as to tenure of office and otherwise as the Directors may determine.

130. No
 Director or intending Director shall be disqualified by their office from contracting with
 the Company either as vendor, purchaser or otherwise, nor shall any such contract or any
 contract or arrangement entered into by or on behalf of the Company in which any Director
 is in any way interested be liable to be avoided, nor shall any Director so contracting or
 being so interested be liable to account to the Company for any profit realised by any such
 contract or arrangement by reason of such Director holding that office or of the fiduciary
 relationship thereby established, but the nature of the Director's interest must be
 declared by such Director at the meeting of the Directors at which the question of entering
 into the contract or arrangement is first taken into consideration, or if the Director was
 not at the date of that meeting interested in the proposed contract or arrangement, then
 at the next meeting of the Directors held after such Director becomes so interested, and
 in a case where the Director becomes interested in a contract or arrangement after it is
 made, then at the first meeting of the Directors held after such Director becomes so interested.

131. In
 the absence of some other material interest than is indicated below, provided a Director
 who is in any way, whether directly or indirectly, interested in a contract or proposed contract
 with the Company declares (whether by specific or general notice) the nature of their interest
 at a meeting of the Directors that Director may vote in respect of any contract or proposed
 contract or arrangement notwithstanding that the Director may be interested therein and if
 such Director does so their vote shall be counted and such Director may be counted in the
 quorum at any meeting of the Directors at which any such contract or proposed contract or
 arrangement shall come before the meeting for consideration.

132. Where
 proposals are under consideration concerning the appointment (including fixing or varying
 the terms of appointment) of two or more Directors to offices or employments with the Company
 or any company in which the Company is interested, such proposals may be divided and considered
 in relation to each Director separately and in such cases each of the Directors concerned
 shall be entitled to vote (and be counted in the quorum) in respect of each resolution except
 that concerning the Director's own appointment.

133. Any
 Director may act by independently or through the Director's firm in a professional
 capacity for the Company, and the Director or the firm shall be entitled to remuneration
 for professional services as if the Director were not a Director, provided that nothing herein
 contained shall authorise a Director or the Director's firm to act as Auditor to the
 Company.

134. Any
 Director may continue to be or become a director, managing director, manager or other officer
 or shareholder of any company promoted by the Company or in which the Company may be interested,
 and no such Director shall be accountable for any remuneration or other benefits received
 by the Director as a director, managing director, manager or other officer or shareholder
 of any such other company. The Directors may exercise the voting power conferred by the shares
 in any other company held or owned by the Company or exercisable by them as directors of
 such other company, in such manner in all respects as they think fit (including the exercise
 thereof in favour of any resolution appointing themselves or any of them directors, managing
 directors or other officers of such company, or voting or providing for the payment of remuneration
 to the directors, managing directors or other officers of such company).

**POWERS OF DIRECTORS**

135. The
 business of the Company shall be managed by the Directors, who may exercise all such powers
 of the Company as are not by the Companies Act or by these Articles required to be exercised
 by the Company in general meeting, subject nevertheless to any regulations of these Articles,
 to the Companies Act, and to such regulations being not inconsistent with the aforesaid regulations
 or provisions as may be prescribed by the Company in general meeting, but no regulations
 made by the Company in general meeting shall invalidate any prior act of the Directors which
 would have been valid if such regulations had not been made. The general powers given by
 this Article shall not be limited or restricted by any special authority or power given to
 the Directors by any other Article.

136. The
 Directors may from time to time and at any time by power of attorney appoint any company,
 firm or person or any fluctuating body of persons, whether nominated directly or indirectly
 by the Directors, to be the attorney or attorneys of the Company for such purposes and with
 such powers authorities and discretions (not exceeding those vested in or exercisable by
 the Directors under these Articles) and for such period and subject to such conditions as
 they may think fit, and any such appointment may contain such provisions for the protection
 and convenience of persons dealing with any such attorneys as the Directors may think fit,
 and may also authorise any such attorney to sub-delegate all or any of the powers, authorities
 and discretions vested in such attorney. The Directors may also appoint any person to be
 the agent of the Company for such purposes and with such powers, authorities and discretions
 (not exceeding those vested in or exercisable by the Directors under these Articles) and
 for such period and on such conditions as they determine, including authority for the agent
 to delegate all or any of their powers.

137. The
 Directors on behalf of the Company may pay a gratuity or pension or allowance on retirement
 to any Director who has held any other salaried office or place of profit with the Company
 or to the Director's widow or dependants and may make contributions to any fund and
 pay premiums for the purchase or provision of any such gratuity, pension or allowance.

138. The
 Directors may exercise all the powers of the Company to borrow money and to mortgage or charge
 its undertaking, property and assets (present and future) and uncalled capital or any part
 thereof and to issue debentures, debenture stock, mortgages, bonds and other such securities
 whether outright or as security for any debt, liability or obligation of the Company or of
 any third party.

139. The
 Directors shall have the authority to present a winding up petition on behalf of the Company
 without the sanction of a resolution passed by the Company in general meeting.

140. All
 cheques, promissory notes, drafts, bills of exchange and other negotiable or transferable
 instruments drawn by the Company, and all receipts for monies paid to the Company shall be
 signed, drawn, accepted, endorsed or otherwise executed, as the case may be, in such manner
 as the Directors shall from time to time by resolution determine.

**PROCEEDINGS OF DIRECTORS**

141. The
 Directors may meet together for the dispatch of business, adjourn and otherwise regulate
 their meetings, as they think fit. Questions and matters arising at any meeting shall be
 determined by a majority of votes. In the case of an equality of votes, the Chairperson shall
 have a second or casting vote. A Director may, and the Secretary on the requisition of a
 Director shall, at any time summon a meeting of the Directors.

142. A
 Director or Directors may participate in any meeting of the Board, or of any committee appointed
 by the Board of Directors of which such Director or Directors are members, by means of telephone,
 video or similar communication equipment by way of which all persons participating in such
 meeting can hear each other and such participation shall be deemed to constitute presence
 in person at the meeting.

143. The
 quorum necessary for the transaction of the business of the Directors may be fixed by the
 Directors and, unless so fixed, shall be a majority of the Directors then in office.

144. The
 continuing Directors or a sole continuing Director may act notwithstanding any vacancies
 in their number, but if and so long as the number of Directors is reduced below the minimum
 number fixed by or in accordance with these Articles the continuing Directors or Director
 may act for the purpose of filling up vacancies in their number, or of summoning general
 meetings, but not for any other purpose. If there be no Directors or Director able or willing
 to act, then any two Shareholders may summon a general meeting for the purpose of appointing
 Directors.

145. The
 Directors may from time to time elect and remove a Chairperson and, if they think fit, a
 Deputy Chairperson and determine the period for which they respectively are to hold office.
 The Chairperson or, failing him or her, the Deputy Chairperson shall preside at all meetings
 of the Directors, but if there be no Chairperson or Deputy Chairperson, or if at any meeting
 the Chairperson or Deputy Chairperson be not present within five (5) minutes after the time
 appointed for holding the same, the Directors present may choose one of their number to be
 Chairperson of the meeting.

146. A
 meeting of the Directors for the time being at which a quorum is present shall be competent
 to exercise all powers and discretions for the time being exercisable by the Directors.

147. Without
 prejudice to the powers conferred by these Articles, the Directors may delegate any of their
 powers to committees consisting of such member or members of their body as they think fit.
 Any committee so formed shall, in the exercise of the powers so delegated, conform to any
 regulations that may be imposed on them by the Directors. The Directors may, by power of
 attorney or otherwise, appoint any person to be an agent of the Company on such condition
 as the Directors may determine, provided that the delegation is not to the exclusion of their
 own powers.

148. The
 meetings and proceedings of any such committee consisting of two or more Directors shall
 be governed by the provisions of these Articles regulating the meetings and proceedings of
 the Directors so far as the same are applicable and are not superseded by any regulations
 made by the Directors under the preceding Article.

149. The
 Directors may appoint such officers as they consider necessary on such terms, at such remuneration
 and to perform such duties, and subject to such provisions as to disqualification and removal
 as the Directors may think fit. Unless otherwise specified in the terms of the officer's
 appointment an officer may be removed by resolution of the Directors or Shareholders.

150. All
 acts done by any meeting of Directors, or of a committee of Directors or by any person acting
 as a Director, shall, notwithstanding it be afterwards discovered that there was some defect
 in the appointment of any such Director or person acting as aforesaid, or that they or any
 of them were disqualified, or had vacated office, or were not entitled to vote, be as valid
 as if every such person had been duly appointed, and was qualified and had continued to be
 a Director and had been entitled to vote.

151. The
 Directors shall cause minutes to be made of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) all
 appointments of officers made by the Directors;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 names of the Directors present at each meeting of the Directors and of any committee of Directors;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) all
 resolutions and proceedings of all meetings of the Company and of the Directors and of any
 committee of Directors.

Any such minutes, if purporting to be signed by the Chairperson of the meeting at which the proceedings took place, or by the Chairperson of the next succeeding meeting, shall, until the contrary be proved, be conclusive evidence of their proceedings.

152. A
 Director but not an alternate Director may be represented at any meetings of the Board of
 Directors by a proxy appointed in writing by the Director. The proxy shall count towards
 the quorum and the vote of the proxy shall for all purposes be deemed to be that of the appointing
 Director.

**WRITTEN RESOLUTIONS OF DIRECTORS**

153. A
 resolution in writing signed by all the Directors for the time being entitled to attend and
 vote at a meeting of the Directors (an alternate Director being entitled to sign such a resolution
 on behalf of their appointor) shall be as valid and effective as a resolution passed at a
 meeting of the Directors duly convened and held and may consist of several documents in the
 like form each signed by one or more of the Directors (or their alternates).

**PRESUMPTION OF ASSENT**

154. A
 Director or alternate Director who is present at a meeting of the Board of Directors at which
 action on any Company matter is taken shall be presumed to have assented to the action taken
 unless the Director's dissent shall be entered in the minutes of the meeting or unless
 the Director shall file his or her written dissent from such action with the person acting
 as the secretary of the meeting before the adjournment thereof or shall forward such dissent
 by registered mail to such person immediately after the adjournment of the meeting. Such
 right to dissent shall not apply to a Director who voted in favour of such action.

**BORROWING POWERS**

155. The
 Directors may exercise all the powers of the Company to borrow money and hypothecate, mortgage,
 charge or pledge its undertaking, property, and assets or any part thereof, and to issue
 debentures, debenture stock or other securities, whether outright or as collateral security
 for any debt liability or obligation of the Company or of any third party.

**SECRETARY**

156. The
 Directors may appoint any person to be a Secretary who shall hold office for such term, at
 such remuneration and upon such conditions and with such powers as they think fit. Any Secretary
 so appointed by the Directors may be removed by the Directors or by the Company by Ordinary
 Resolution. Anything required or authorised to be done by or to the Secretary may, if the
 office is vacant or there is for any other reason no Secretary capable of acting, be done
 by or to any assistant or deputy Secretary or if there is no assistant or deputy Secretary
 capable of acting, by or to any officer of the Company authorised generally or specially
 in that behalf by the Directors, provided that any provisions of these Articles requiring
 or authorising a thing to be done by or to a Director and the Secretary shall not be satisfied
 by its being done by or to the same person acting both as Director and as, or in the place
 of, the Secretary.

157. No
 person shall be appointed or hold office as Secretary who is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 sole Director; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) a
 corporation the sole director of which is the sole Director; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 sole director of a corporation which is the sole Director.

**THE SEAL**

158. The
 Directors shall provide for the safe custody of the Seal and the Seal shall never be used
 except by the authority of a resolution of the Directors or of a committee of the Directors
 authorised by the Directors in that behalf. The Directors may keep for use outside the Cayman
 Islands a duplicate Seal. The Directors may from time to time as they see fit (subject to
 the provisions of these Articles relating to share certificates) determine the persons and
 the number of such persons in whose presence the Seal or the facsimile thereof shall be used,
 and until otherwise so determined the Seal or the duplicate thereof shall be affixed in the
 presence of any one Director or the Secretary, or of some other person duly authorised by
 the Directors.

**Dividends, Distributions and Reserves**

159. Subject
 to the Companies Act, these Articles, and the special rights attaching to Shares of any class,
 the Directors may, in their absolute discretion, declare dividends and distributions on Shares
 in issue and authorise payment of the dividends or distributions out of the funds of the
 Company lawfully available therefor. No dividend or distribution shall be paid except out
 of the realised or unrealised profits of the Company, or out of the Share Premium Account,
 or as otherwise permitted by the Companies Act.

160. Except
 as otherwise provided by the rights attached to Shares, or as otherwise determined by the
 Directors, all dividends and distributions in respect of Shares shall be declared and paid
 according to the par value of the Shares that a Shareholder holds. If any Share is issued
 on terms providing that it shall rank for dividend or distribution as from a particular date,
 that Share shall rank for dividend or distribution accordingly.

161. The
 Directors may deduct and withhold from any dividend or distribution otherwise payable to
 any Shareholder all sums of money (if any) then payable by the Shareholder to the Company
 on account of calls or otherwise or any monies which the Company is obliged by law to pay
 to any taxing or other authority.

162. The
 Directors may declare that any dividend or distribution be paid wholly or partly by the distribution
 of specific assets and in particular of shares, debentures or securities of any other company
 or in any one or more of such ways and, where any difficulty arises in regard to such distribution,
 the Directors may settle the same as they think expedient and in particular may issue fractional
 Shares and fix the value for distribution of such specific assets or any part thereof and
 may determine that cash payments shall be made to any Shareholder upon the basis of the value
 so fixed in order to adjust the rights of all Shareholders and may vest any such specific
 assets in trustees as may seem expedient to the Directors.

163. Any
 dividend, distribution, interest or other monies payable in cash in respect of Shares may
 be paid by wire transfer to the holder or by cheque or warrant sent through the post directed
 to the registered address of the holder or, in the case of joint holders, to the registered
 address of the holder who is first named on the Register of Members or to such person and
 to such address as such holder or joint holders may in writing direct. Every such cheque
 or warrant shall (unless the Directors in their sole discretion otherwise determine) be made
 payable to the order of the person to whom it is sent. Any one of two or more joint holders
 may give effectual receipts for any dividends, bonuses, or other monies payable in respect
 of the Share held by them as joint holders.

164. Any
 dividend or distribution which cannot be paid to a Shareholder and/or which remains unclaimed
 after six (6) months from the date of declaration of such dividend or distribution may, in
 the discretion of the Directors, be paid into a separate account in the Company's name,
 provided that the Company shall not be constituted as a trustee in respect of that account
 and the dividend or distribution shall remain as a debt due to the Shareholder. Any dividend
 or distribution which remains unclaimed after a period of six years from the date of declaration
 of such dividend or distribution shall be forfeited and shall revert to the Company.

165. No
 dividend or distribution shall bear interest against the Company.

**SHARE PREMIUM ACCOUNT**

166. The
 Directors shall establish an account on the books and records of the Company to be called
 the Share Premium Account and shall carry to the credit of such account from time to time
 a sum equal to the amount or value of the premium paid on the issue of any Share.

**ACCOUNTS**

167. The
 Directors shall cause proper books of account to be kept with respect to all sums of money
 received and expended by the Company and the matters in respect of which the receipt or expenditure
 takes place, all sales and purchases of goods by the Company and the assets and liabilities
 of the Company. Proper books shall not be deemed to be kept if there are not kept such books
 of account as are necessary to give a true and fair view of the state of the Company's
 affairs and to explain its transactions.

168. The
 books of account shall be kept at the Registered Office or at such other place as the Directors
 think fit, and shall always be open to inspection by the Directors.

169. The
 Board of Directors shall from time to time determine whether and to what extent and at what
 time and places and under what conditions or articles the accounts and books of the Company
 or any of them shall be open to the inspection of Shareholders not being Directors, and no
 Shareholder (not being a Director) shall have any right of inspection of any account or book
 or document of the Company except as conferred by law or authorised by the Board of Directors
 or by resolution of the Shareholders.

**AUDIT**

170. The
 accounts relating to the Company's affairs shall be audited in such manner as may be
 determined from time to time by resolution of the Shareholders or failing any such determination,
 by the Board of Directors, or failing any determination as aforesaid, shall not be audited.

171. Without
 prejudice to the freedom of the Directors to establish any other committee, if any of the
 Shares (or depositary receipts therefor) are listed or quoted on the Designated Stock Exchange,
 and if required by the Designated Stock Exchange, the Directors shall establish and maintain
 an audit committee (the Audit
 Committee) as a committee of the Board of Directors and
 shall adopt a formal written audit committee charter and review and assess the adequacy of
 the formal written charter on an annual basis. The composition and responsibilities of the
 Audit Committee shall comply with the rules and regulations of the SEC and the Designated
 Stock Exchange. The Audit Committee shall meet at least once every financial quarter, or
 more frequently as circumstances dictate.

172. If
 any of the Shares (or depositary receipts therefor) are listed or quoted on the Designated
 Stock Exchange, the Company shall conduct an appropriate review of all related party transactions
 on an ongoing basis and shall utilise the Audit Committee for the review and approval of
 potential conflicts of interest.

173. The
 remuneration of the Auditor shall be fixed by the Audit Committee, if one exists, and otherwise
 by the Board of Directors.

174. Any
 payment made to members of the Audit Committee (if one exists) shall require the review and
 approval of the Directors, with any Director interested in such payment abstaining from such
 review and approval.

175. The
 Audit Committee shall monitor compliance with the terms of the IPO and, if any non-compliance
 is identified, the Audit Committee shall be charged with the responsibility to take all action
 necessary to rectify such non-compliance or otherwise cause compliance with the terms of
 the IPO.

**NOTICES**

176. Any
 notice or document may be served by the Company on any Shareholder:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) personally;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) by
 registered post or courier to that Shareholder's address as appearing in the Register
 of Members; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) by
 cable, telex, facsimile, e-mail or any other electronic means should the Directors deem it
 appropriate.

177. In
 the case of joint holders of a Share, all notices shall be given to that one of the joint
 holders whose name stands first in the Register of Members in respect of the joint holding,
 and notice so given shall be sufficient notice to all the joint holders.

178. Any
 Shareholder present, either personally or by proxy, at any meeting of the Company shall for
 all purposes be deemed to have received due notice of such meeting and, where requisite,
 of the purposes for which such meeting was convened.

179. Any
 summons, notice, order or other document required to be sent to or served upon the Company,
 or upon any officer of the Company may be sent or served by leaving the same or sending it
 through the post in a prepaid letter envelope or wrapper, addressed to the Company or to
 such officer at the Registered Office.

180. Where
 a notice or other document is sent by registered post, service of that notice or other document
 shall be deemed to be effected by properly addressing, pre-paying and posting an envelope
 containing it, and that notice or other document shall be deemed to have been received on
 the third day (not including Saturdays or Sundays or public holidays) following the day on
 which it was posted. Where a notice or other document is sent by courier, service of that
 notice or other document shall be deemed to be effected by delivery of the notice or other
 document to a courier company, and that notice or other document shall be deemed to have
 been received on the fifth day (not including Saturdays or Sundays or public holidays in
 the Cayman Islands) following the day on which it was delivered to the courier company. Where
 a notice or other document is sent by cable, telex or facsimile, service of that notice or
 other document shall be deemed to be effected by properly addressing and sending it, and
 that notice or other document shall be deemed to have been received on the same day that
 it was transmitted. Where a notice or other document is sent by email, service of that notice
 or other document shall be deemed to be effected by transmitting the email to the email address
 provided by the intended recipient and that notice or other document shall be deemed to have
 been received on the same day that it was sent, and it shall not be necessary for the receipt
 of the email to be acknowledged by the recipient.

181. Any
 notice or document delivered or sent by post to or left at the registered address of any
 Shareholder in pursuance of these Articles shall notwithstanding that such Shareholder be
 then dead, insane, bankrupt or dissolved, and whether or not the Company has notice of such
 death, insanity, bankruptcy or dissolution, be deemed to have been duly served in respect
 of any Share registered in the name of such Shareholder as sole or joint holder, unless the
 Shareholder's name shall at the time of the service of the notice or document, have
 been removed from the Register of Members as the holder of the Share, and such service shall
 for all purposes be deemed a sufficient service of such notice or document on all persons
 interested (whether jointly with or as claiming through or under such Shareholder) in the
 Share.

**WINDING UP AND FINAL DISTRIBUTION OF ASSETS**

182. If
 the Company shall be wound up the liquidator shall apply the assets of the Company in satisfaction
 of creditors' claims in such manner and order as such liquidator thinks fit.

183. If
 the Company shall be wound up, and the assets available for distribution amongst the Shareholders
 shall be insufficient to repay the whole of the share capital, such assets shall be distributed
 so that, as nearly as may be, the losses shall be borne by the Shareholders in proportion
 to the par value of the Shares held by them. If in a winding up the assets available for
 distribution amongst the Shareholders shall be more than sufficient to repay the whole of
 the share capital at the commencement of the winding up, the surplus shall be distributed
 amongst the Shareholders in proportion to the par value of the Shares held by them at the
 commencement of the winding up subject to a deduction from those Shares in respect of which
 there are monies due of all monies payable to the Company for unpaid calls or otherwise.
 This Article is without prejudice to the rights of the holders of Shares issued upon special
 terms and conditions.

184. If
 the Company shall be wound up (whether the liquidation is voluntary, under supervision or
 by the Court) the liquidator may, with the authority of a Special Resolution, divide among
 the Shareholders in specie the whole or any part of the assets of the Company, and whether
 or not the assets shall consist of property of a single kind, and may for such purposes set
 such value as the liquidator deems fair upon any one or more class or classes of property,
 and may determine how such division shall be carried out as between the Shareholders. The
 liquidator may, with the like authority, vest any part of the assets in trustees upon such
 trusts for the benefit of Shareholders as the liquidator, with the like authority, shall
 think fit, and the liquidation of the Company may be closed and the Company dissolved, but
 so that no Shareholder shall be compelled to accept any Shares in respect of which there
 is liability.

**INDEMNITY**

185. Every
 Director or officer of the Company shall be indemnified out of the assets of the Company
 against any liability incurred by that Director or officer as a result of any act or failure
 to act in carrying out their functions other than such liability (if any) that the Director
 or officer may incur by their own actual fraud, wilful default or wilful neglect. No such
 Director or officer shall be liable to the Company for any loss or damage in carrying out
 their functions unless that liability arises through the actual fraud, wilful default or
 wilful neglect of such Director or officer. References in this Article to actual fraud, wilful
 default or wilful neglect mean a finding to such effect by a competent court in relation
 to the conduct of the relevant party.

186. The
 Directors shall have the power to purchase and maintain insurance for the benefit of any
 person who is or was a Director or officer of the Company indemnifying them against any liability
 which may lawfully be insured against by the Company.

**DISCLOSURE**

187. Any
 Director, officer or authorised agent of the Company shall, if lawfully required to do so
 under the laws of any jurisdiction to which the Company is subject or in compliance with
 the rules of any stock exchange upon which the Company's shares are listed or in accordance
 with any contract entered into by the Company, be entitled to release or disclose any information
 in their possession regarding the affairs of the Company including, without limitation, any
 information contained in the Register of Members.

**BUSINESS COMBINATION**

188. Notwithstanding
 any other provision of these Articles, Articles 188 to 199 (the Business
 Combination Provisions) shall apply during the period commencing
 upon the adoption of these Articles and terminating upon the first to occur of the consummation
 of any Business Combination and the distribution of the Trust Account pursuant to these Articles.
 In the event of a conflict between the Business Combination Provisions and any other provision
 of these Articles, the Business Combination Provisions shall prevail.

189. Prior
 to the consummation of any Business Combination, the Company shall either:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) submit
 such Business Combination to the Shareholders for approval; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) provide
 Shareholders with the opportunity to have their Shares repurchased by means of a tender offer
 for a per-Share repurchase price payable in cash, equal to the aggregate amount then on deposit
 in the Trust Account, calculated as of two business days prior to the consummation of the
 Business Combination, including interest earned on the Trust Account and not previously released
 to the Company to pay tax obligations, if any (less up to US$100,000 of interest to pay dissolution
 expenses), divided by the number of Public Shares then in issue, provided that the Company
 shall not repurchase Public Shares in an amount that would cause the Company's net
 tangible assets to be less than US$5,000,001.

190. If
 the Company initiates any tender offer in accordance with Rule 13e-4 and Regulation 14E of
 the US Exchange Act in connection with a Business Combination, it shall file tender offer
 documents with the SEC prior to completing such Business Combination which contain substantially
 the same financial and other information about such Business Combination and the redemption
 rights as is required under Regulation 14A of the US Exchange Act. If, alternatively, the
 Company holds a Shareholder vote to approve a proposed Business Combination, the Company
 will conduct any redemptions in conjunction with a proxy solicitation pursuant to Regulation
 14A of the US Exchange Act, and not pursuant to the tender offer rules, and file proxy materials
 with the SEC.

191. At
 a general meeting called for the purposes of approving a Business Combination pursuant to
 these Articles, in the event that a majority of the Shares are voted for the approval of
 the Business Combination, the Company shall be authorised to consummate the Business Combination.

192. Any
 Shareholder holding Public Shares who is not a Founder, Director or officer of the Company
 may, contemporaneously with any vote on a Business Combination, elect to have their Public
 Shares redeemed for cash (IPO
 Redemption), provided that no such Shareholder acting together
 with any affiliate or any other person with whom such Shareholder is acting in concert or
 as a "group" (as defined under Section 13 of the US Exchange Act) may exercise
 this redemption right with respect to more than an aggregate of fifteen (15) per cent of
 the Public Shares without the prior consent of the Company, and provided further that any
 Shareholder that holds Public Shares beneficially through a nominee must identify itself
 to the Company in connection with any redemption election in order to validly redeem such
 Public Shares. In connection with any vote held to approve a proposed Business Combination,
 holders of Public Shares seeking to exercise their redemption rights will be required to
 either tender their certificates (if any) to the Company's transfer agent or to deliver
 their shares to the transfer agent electronically using The Depository Trust Company's
 DWAC (Deposit/Withdrawal At Custodian) System, at the holder's option, in each case
 up to two business days prior to the initially scheduled vote on the proposal to approve
 a Business Combination. If so demanded, the Company shall pay any such redeeming Shareholder,
 regardless of whether he or she is voting for or against such proposed Business Combination,
 a per-Share redemption price payable in cash, equal to the aggregate amount then on deposit
 in the Trust Account calculated as of two business days prior to the consummation of the
 Business Combination, including interest earned on the Trust Account and not previously released
 to the Company to pay tax obligations, if any, divided by the number of Public Shares then
 in issue (such redemption price being referred to herein as the Redemption Price),
 provided that the Company shall not redeem Public Shares in an amount that would cause the
 Company's net tangible assets to be less than US$5,000,001.

193. The
 Redemption Price shall be paid promptly following the consummation of the relevant Business
 Combination. If the proposed Business Combination is not approved or completed for any reason
 then such redemptions shall be cancelled and share certificates (if any) returned to the
 relevant Shareholders as appropriate.

194. In
 the event that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) either
 (i) the Company does not consummate a Business Combination on or before 23 August
 2023 or such earlier date as determined by the Board of Directors, or (ii) a resolution
 of the Shareholders is passed pursuant to the Companies Act to commence the voluntary liquidation
 of the Company prior to the consummation of a Business Combination for any reason, the Company
 shall: (A) cease all operations except for the purpose of winding up; (B) as promptly as
 reasonably possible but not more than ten (10) 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 Trust Account and not previously released
 to the Company to pay tax obligations, if any (less up to $100,000 of interest to pay dissolution
 expenses), divided by the number of Public Shares then in issue, which redemption will completely
 extinguish public Shareholders' rights as Shareholders (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 Shareholders and
 the Directors, liquidate and dissolve, subject in the case of sub-articles (B) and (C), 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; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any
 amendment is made to Article 194(a) that would affect the substance or timing of the Company's
 obligation to redeem 100% of the Public Shares if the Company has not consummated an initial
 Business Combination on or before 23 August 2023 or such earlier date as determined
 by the Board of Directors, or any amendment is made with respect to any other provision
 of these Articles relating to the rights of holders of Class A Shares, each holder of Public
 Shares who is not a Founder, Director or officer of the Company shall be provided with the
 opportunity to redeem their Public Shares upon the approval of any such amendment 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 Trust Account and not previously released to the Company
 to pay its tax obligations, if any (less up to US$100,000 of interest to pay dissolution
 expenses), divided by the number of Public Shares then in issue, provided that the Company
 shall not redeem Public Shares in an amount that would cause the Company's net tangible
 assets to be less than US$5,000,001. Any amounts due in connection with a redemption under
 this Article 194(b) shall be paid promptly following the relevant amendment of Article 194(a).
 If the proposed amendment of Article 194(a) is not approved or completed for any reason then
 such redemptions shall be cancelled and share certificates (if any) returned to the relevant
 Shareholders as appropriate.

195. Reserved

196. Except
 for the withdrawal of interest to pay tax obligations, if any, none of the funds held in
 the Trust Account shall be released from the Trust Account until the earlier of an IPO Redemption
 pursuant to Article 192, a repurchase of Shares by means of a tender offer pursuant to Article
 189(b), a distribution of the Trust Account pursuant to Article 194(a) or an amendment under
 Article 194(b). In no other circumstance shall a holder of Public Shares have any right or
 interest of any kind in the Trust Account.

197. After
 the issue of Public Shares, and prior to the consummation of a Business Combination, the
 Directors shall not issue additional Shares or any other securities that would entitle the
 holders thereof to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) receive
 funds from the Trust Account; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) vote
 on (i) any Business Combination or any other proposal presented to the Shareholders prior
 to or in connection with the completion of a Business Combination, or (ii) a proposed amendment
 to these Articles to extend the time the Company has to consummate a Business Combination
 beyond 23 August 2023 or such earlier date as determined by the Board of Directors,
 or otherwise amend any of the Business Combination Provisions.

198. The
 Company must complete one or more Business Combinations having an aggregate fair market value
 of at least 80 per cent of the assets held in the Trust Account (excluding the amount of
 deferred underwriting discounts held in the Trust Account and taxes payable on the income
 earned on the Trust Account) at the time of the Company's signing a definitive agreement
 in connection with a Business Combination. An initial Business Combination must not be effectuated
 solely with another blank cheque company or a similar company with nominal operations.

199. A
 Director may vote in respect of any Business Combination in which the Director has a conflict
 of interest with respect to the evaluation of such Business Combination, provided that the
 Director must disclose such interest or conflict to the other Directors.

200. The
 Company may enter into a Business Combination with a target business that is affiliated with
 the Sponsor, the Directors or officers of the Company if such transaction is approved by
 a majority of the independent directors (as defined pursuant to the rules and regulations
 of the Designated Stock Exchange) and the Directors that did not have an interest in such
 transaction. In the event the Company enters into a Business Combination with an entity that
 is affiliated with the Sponsor, the Directors or officers of the Company, the Company, or
 a committee of independent directors (as defined pursuant to the rules and regulations of
 the Designated Stock Exchange), will obtain an opinion that the Business Combination is fair
 to the Company from a financial point of view from either an independent investment banking
 firm or another independent entity that commonly renders valuation opinions.

**BUSINESS OPPORTUNITIES**

201. In
 recognition and anticipation of the facts that: (a) directors, managers, officers, members,
 partners, managing members, employees and/or agents of one or more members of the Investor
 Group (each of the foregoing, an Investor
 Group Related Person) may serve as Directors and/or officers
 of the Company; and (b) the Investor Group engages, and may continue to engage in the same
 or similar activities or related lines of business as those in which the Company, directly
 or indirectly, may engage and/or other business activities that overlap with or compete with
 those in which the Company, directly or indirectly, may engage, the provisions of these Articles
 under this heading "Business Opportunities" are set forth to regulate and define
 the conduct of certain affairs of the Company as they may involve the Shareholders and the
 Investor Group Related Persons, and the powers, rights, duties and liabilities of the Company
 and its Directors, officers and Shareholders in connection therewith.

202. To
 the fullest extent permitted by Applicable Law, the Investor Group and the Investor Group
 Related Persons shall have no duty, except and to the extent expressly assumed by contract,
 to refrain from engaging directly or indirectly in the same or similar business activities
 or lines of business as the Company.

203. To
 the fullest extent permitted by Applicable Law, the Company renounces any interest or expectancy
 of the Company in, or in being offered an opportunity to participate in, any potential transaction
 or matter which may be a corporate opportunity for either the Investor Group or the Investor
 Group Related Persons, on the one hand, and the Company, on the other.

204. To
 the fullest extent permitted by Applicable Law, the Investor Group and the Investor Group
 Related Persons shall have no duty to communicate or offer any such corporate opportunity
 to the Company and shall not be liable to the Company or the Shareholders for breach of any
 fiduciary duty as a Shareholder, Director and/or officer of the Company solely by reason
 of the fact that such party pursues or acquires such corporate opportunity for itself, himself
 or herself, directs such corporate opportunity to another person, or does not communicate
 information regarding such corporate opportunity to the Company.

205. Except
 as provided elsewhere in these Articles, the Company renounces any interest or expectancy
 of the Company in, or in being offered an opportunity to participate in, any potential transaction
 or matter which may be a corporate opportunity for both the Company and the Investor Group,
 about which a Director and/or officer of the Company who is also an Investor Group Related
 Person acquires knowledge.

206. To
 the extent a court might hold that the conduct of any activity related to a corporate opportunity
 that is renounced in these Articles to be a breach of duty to the Company or its Shareholders,
 the Company and (if applicable) each Shareholder hereby waives, to the fullest extent permitted
 by Applicable Law, any and all claims and causes of action that the Company or such Shareholder
 may have for such activities described in these Articles. To the fullest extent permitted
 by Applicable Law, the provisions of these Articles apply equally to activities conducted
 in the future and that have been conducted in the past.

**CLOSING REGISTER OF MEMBERS OR FIXING RECORD DATE**

207. For
 the purpose of determining Shareholders entitled to notice of, or to vote at any meeting
 of Shareholders or any adjournment thereof, or Shareholders entitled to receive payment of
 any Dividend or other distribution, or in order to make a determination of Shareholders for
 any other purpose, the Directors may, by any means in accordance with the requirements of
 any Designated Stock Exchange, provide that the Register of Members shall be closed for transfers
 for a stated period which shall not in any case exceed forty days.

208. In
 lieu of, or apart from, closing the Register of Members, the Directors may fix in advance
 or arrears a date as the record date for any such determination of Shareholders entitled
 to notice of, or to vote at any meeting of the Shareholders or any adjournment thereof, or
 for the purpose of determining the Shareholders entitled to receive payment of any Dividend
 or other distribution, or in order to make a determination of Shareholders for any other
 purpose.

209. If
 no record date is fixed for the determination of Shareholders entitled to notice of or to
 vote at a meeting of Shareholders or Shareholders entitled to receive payment of a dividend,
 the date on which notice of the meeting is mailed or the date on which the resolution of
 the Directors declaring such dividend is adopted, as the case may be, shall be the record
 date for such determination of Shareholders. When a determination of Shareholders entitled
 to vote at any meeting has been made in the manner provided in the preceding Article, such
 determination shall apply to any adjournment thereof.

**REGISTRATION BY WAY OF CONTINUATION**

210. The
 Company may by Special Resolution resolve to be registered by way of continuation in a jurisdiction
 outside the Cayman Islands or such other jurisdiction in which it is for the time being incorporated,
 registered or existing. The Directors may cause an application to be made to the Registrar
 of Companies to deregister the Company in the Cayman Islands or such other jurisdiction in
 which it is for the time being incorporated, registered or existing and may cause all such
 further steps as they consider appropriate to be taken to effect the transfer by way of continuation
 of the Company.

**FINANCIAL YEAR**

211. The
 Directors shall determine the financial year of the Company and may change the same from
 time to time. Unless they determine otherwise, the financial year shall end on 31 December
 in each year.

**AMENDMENTS TO MEMORANDUM AND ARTICLES OF ASSOCIATION**

212. Subject
 to these Articles, the Company may from time to time alter or add to these Articles or alter
 or add to the Memorandum with respect to any objects, powers or other matters specified therein
 by passing a Special Resolution.

**CAYMAN ISLANDS DATA PROTECTION**

213. The
 Company is a "data controller" for the purposes of the Data Protection Act (as
 amended) of the Cayman Islands (the DPA).
 By virtue of subscribing for and holding Shares in the Company, Shareholders provide the
 Company with certain information (Personal Data)
 that constitutes "personal data" under the DPA. Personal Data includes, without
 limitation, the following information relating to a Shareholder and/or any natural person(s)
 connected with a Shareholder (such as a Shareholder's individual directors, members
 and/or beneficial owner(s)): name, residential address, email address, corporate contact
 information, other contact information, date of birth, place of birth, passport or other
 national identifier details, national insurance or social security number, tax identification,
 bank account details and information regarding assets, income, employment and source of funds.

214. The
 Company processes such Personal Data for the purposes of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) performing
 contractual rights and obligations (including under the Memorandum and these Articles);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) complying
 with legal or regulatory obligations (including those relating to anti-money laundering and
 counter-terrorist financing, preventing and detecting fraud, sanctions, automatic exchange
 of tax information, requests from governmental, regulatory, tax and law enforcement authorities,
 beneficial ownership and the maintenance of statutory registers); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 legitimate interests pursued by the Company or third parties to whom Personal Data may be
 transferred, including to manage and administer the Company, to send updates, information
 and notices to Shareholders or otherwise correspond with Shareholders regarding the Company,
 to seek professional advice (including legal advice), to meet accounting, tax reporting and
 audit obligations, to manage risk and operations and to maintain internal records.

215. The
 Company transfers Personal Data to certain third parties who process the Personal Data on
 the Company's behalf, including third party service providers that it appoints or engages
 to assist with its management, operation, administration and legal, governance and regulatory
 compliance. In certain circumstances, the Company may be required by law or regulation to
 transfer Personal Data and other information with respect to one or more Shareholders to
 a governmental, regulatory, tax or law enforcement authority. That authority may, in turn,
 exchange this information with another governmental, regulatory, tax or law enforcement authority
 established in or outside the Cayman Islands.