SEC Contract Filing

Filing Date: 2021-11-12

Document Content:
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<TYPE>EX-10.6
<SEQUENCE>10
<FILENAME>tm2132752d1_ex10-6.htm
<DESCRIPTION>EXHIBIT 10.6
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit&nbsp;10.6</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-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="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">THIS PRIVATE PLACEMENT WARRANTS PURCHASE AGREEMENT,
dated as of November&nbsp;8, 2021 (as it may from time to time be amended, this &#8220;<B>Agreement</B>&#8221;), is entered into by and
between Apeiron Capital Investment Corp., a Delaware corporation (the &#8220;<B>Company</B>&#8221;) and Cantor Fitzgerald&nbsp;&amp; Co.
(the &#8220;<B>Purchaser</B>&#8221;).</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 0pt 1in">WHEREAS:</P>

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<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The Company intends to consummate an initial public
offering of the Company&#8217;s units (the &#8220;<B>Public Offering</B>&#8221;), each unit consisting of one share of Class&nbsp;A common
stock of the Company, par value $0.0001 per share (each, a &#8220;<B>Share</B>&#8221;), and one-half of one redeemable warrant;</P>

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<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in">Each whole warrant entitles the holder to purchase one Share
at an exercise price of $11.50 per Share; and</P>

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<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">The Purchaser has agreed to purchase an aggregate
of 750,000 warrants (the &#8220;<B>Private Placement Warrants</B>&#8221;), each Private Placement Warrant entitling the holder to purchase
one Share at an exercise price of $11.50 per Share (provided that so long as the Private Placement Warrants are held by the Purchaser
or its designees, the Purchaser or its designees will not be permitted to exercise such Private Placement Warrants after the five-year
anniversary of the effective date of the Registration Statement).</P>

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<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 1in">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 Private
Placement Warrants.</B></P>

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<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: 0.5in">A.&nbsp;&nbsp; <U>Authorization of the
Private Placement Warrants</U>. The Company has duly authorized the issuance and sale of the Private Placement Warrants to the Purchaser.</P>

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

<P STYLE="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: 0.5in">B.&nbsp;&nbsp; <U>Purchase and Sale
of the Private Placement Warrants</U>. Simultaneously with the consummation of the Public Offering or on such earlier time and date as
may be mutually agreed by the Purchaser and the Company (the &#8220;<B>Initial Closing Date</B>&#8221;), the Company shall issue and sell
to the Purchaser, and the Purchaser shall purchase from the Company, an aggregate of 750,000 Private Placement Warrants at a price of
$1.00 per warrant for an aggregate purchase price of $750,000 (the &#8220;<B>Purchase Price</B>&#8221;). Purchaser shall pay the Purchase
Price by wire transfer of immediately available funds to the trust account (the &#8220;<B>Trust Account</B>&#8221;) maintained by Continental
Stock Transfer&nbsp;&amp; Trust Company, acting as trustee (&#8221;<B>Continental</B>&#8221;), at least one (1)&nbsp;business day prior
to the date of effectiveness (the &#8220;<B>Effective Date</B>&#8221;) of the registration statement relating to the Public Offering (the
 &#8220;<B>Registration Statement</B>&#8221;). On the Initial Closing Date, upon the payment by the Purchaser of the Purchase Price, the
Company, at its option, shall deliver a certificate evidencing the Private Placement Warrants purchased on such date duly registered in
the Purchaser&#8217;s name to the Purchaser or effect such delivery in book-entry form.</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"></P>

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