SEC Contract Filing

Filing Date: 2022-01-12

Document Content:
<DOCUMENT>
<TYPE>EX-10.7
<SEQUENCE>11
<FILENAME>tm222648d1_ex10-7.htm
<DESCRIPTION>EXHIBIT 10.7
<TEXT>
<HTML>
<HEAD>
 <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 10.7</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>PRIVATE PLACEMENT WARRANTS PURCHASE AGREEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">THIS PRIVATE PLACEMENT WARRANTS PURCHASE AGREEMENT,
dated as of January 6, 2022 (as it may from time to time be amended, this &ldquo;<B>Agreement</B>&rdquo;), is entered into by and between
Viscogliosi Brothers Acquisition Corp., a Delaware corporation (the &ldquo;<B>Company</B>&rdquo;), and Raymond James &amp; Associates,
Inc. (the &ldquo;<B>Underwriter</B>&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, the Company intends to consummate a public
offering of the Company&rsquo;s units (the &ldquo;<B>Public Offering</B>&rdquo;), each unit consisting of one share of the Company&rsquo;s
common stock, par value $0.0001 per share (a &ldquo;<B>Share</B>&rdquo;), and one-half of one redeemable warrant, each whole warrant exercisable
for one Share at an exercise price of $11.50 per Share, as set forth in the Company&rsquo;s registration statement on Form&nbsp;S-1 related
to the Public Offering (the &ldquo;<B>Registration Statement</B>&rdquo;); and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">WHEREAS, the Underwriter has agreed to purchase
from the Company an aggregate of 187,500 warrants (or up to 215,625 warrants if the over-allotment option in connection with the Public
Offering is exercised in full) (the &ldquo;<B>Underwriter Warrants</B>&rdquo;), each Underwriter Warrant entitling the holder to purchase one
Share at an exercise price of $11.50 per Share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 91pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">NOW THEREFORE, in consideration of the mutual promises
contained in this Agreement and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties to this Agreement hereby, intending legally to be bound, agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><U>AGREEMENT</U></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Section&nbsp;1. Authorization, Purchase and Sale; Terms of the Underwriter Warrants.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">A.&nbsp;<U>Authorization of the Underwriter Warrants</U>.
The Company has duly authorized the issuance and sale of the Underwriter Warrants to the Underwriter.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">B.&nbsp;<U>Purchase and Sale of the Underwriter Warrants</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(i)&nbsp;As payment in full for the 187,500 Underwriter Warrants being purchased under this Agreement, Underwriter shall pay $187,500 (the &ldquo;<B>Purchase Price</B>&rdquo;), by wire transfer
of immediately available funds or by such other method as may be reasonably acceptable to the Company, to the trust account (the<B>&nbsp;&ldquo;Trust
Account&rdquo;</B>) at a financial institution to be chosen by the Company, maintained by Continental Stock Transfer&nbsp;&amp; Trust
Company, acting as trustee, at least one (1)&nbsp;business day prior to the date of effectiveness of the Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(ii)&nbsp;In the event that the over-allotment
option is exercised in full or in part, Underwriter shall purchase up to an additional 28,125 Underwriter Warrants (the &ldquo;<B>Additional
Underwriter Warrants</B>&rdquo;), in the same proportion as the amount of the over-allotment option that is exercised, and simultaneously
with such purchase of Additional Underwriter Warrants, as payment in full for the Additional Underwriter Warrants being purchased hereunder, and
at least one (1)&nbsp;business day prior to the closing of all or any portion of the over-allotment option, Underwriter shall pay $1.00
per Additional Underwriter Warrant, up to an aggregate amount of $28,125, by wire transfer of immediately available funds or by such other
method as may be reasonably acceptable to the Company, to the Trust Account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">(iii)&nbsp;The closing of the purchase and sale
of the Underwriter Warrants shall take place simultaneously with the closing of the Public Offering (the &ldquo;<B>Initial Closing Date</B>&rdquo;)