Exhibit 10.15
EXECUTION VERSION
ANDRETTI ACQUISITION CORP.
7615 Zionsville Road
Indianapolis, Indiana 46268
January 12, 2022
SOL Verano Blocker 1 LLC
100 King Street West, Suite 5600
Toronto, ON
M5X 1C9
Canada
RE: Securities Subscription Agreement
Ladies and Gentlemen:
We are pleased to accept the offer SOL Verano Blocker 1 LLC (the “Subscriber” or “you”) has made to purchase 1,430,923 of Class B ordinary shares (the “Shares”), $0.0001 par value per share (the “Class B Ordinary Shares” and, together with all other classes of the Company’s (as defined below) ordinary shares, the “Ordinary Shares”), up to 233,382 Shares of which are subject to complete or partial forfeiture by you if the underwriters of the initial public offering (“IPO”) of Andretti Acquisition Corp., a Cayman Islands exempted company (the “Company”), do not fully exercise their over-allotment option (the “Over-Allotment Option”). The terms (this “Agreement”) on which the Company is willing to sell the Shares to the Subscriber, and the Company and the Subscriber’s agreements regarding the Shares, are as follows:
1. | Purchase of Shares and Subscription. |
For the sum of $6,221.40 (the “Purchase Price”), which the Company acknowledges receiving from or on behalf of the Subscriber, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby subscribes for and purchases the Shares from the Company, 233,382 of which are subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. All references in this Agreement to shares of the Company being forfeited shall take effect as surrenders for no consideration of such shares as matter of Cayman Islands law.
2. | Representations, Warranties and Agreements. |
2.1 | Subscriber’s Representations, Warranties and Agreements. To induce the Company to issue the Shares to the Subscriber, the Subscriber hereby represents and warrants to the Company and agrees with the Company as follows: |
| 2.1.1 | No Government Recommendation or Approval. The Subscriber understands that no federal or state agency has passed upon or made any recommendation or endorsement of the offering of the Shares. |