Evergreen Corporation announced that it has entered into a purchase agreement with Evergreen LLC for 532,500 units at a price of $10 per unit for gross proceeds of $5,325,000 on January 11, 2022. Each unit consists of one class A ordinary share and one warrant, each whole warrant entitling the holder thereof to purchase one Class A Ordinary Share at an exercise price of $11.50 per share. The company has granted the over-allotment option to agent for additional 52,500 units.