3
| ● | “AST” are to American Stock Transfer & Trust Company, trustee of our trust account (as defined below) and warrant agent of our public warrants (as defined below); |
| ● | “board of directors” or “board” are to the board of directors of the company; |
| ● | “Cantor” are to Cantor Fitzgerald & Co., the representative of the underwriters in our initial public offering; |
| ● | “CCM” are to Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, an affiliate of a passive member of our sponsor; |
| ● | “Class A ordinary shares” are to our Class A ordinary shares of par value $0.0001 per share of the company; |
| ● | “Class B ordinary shares” are to our Class B ordinary shares of par value $0.0001 per share of the company; |
| ● | “Company,” “company,” “our company,” “IIAC,” “we,” or “us” are to Innovative International Acquisition Corp., a Cayman Islands exempted company; |
| ● | “Companies Act” are to the Companies Act (as revised) of the Cayman Islands exempted company as the same may be amended from time to time; |
| ● | “DWAC System” are to the Depository Trust Company’s Deposit/Withdrawal At Custodian System; |
| ● | “Exchange Act” are to the Securities Exchange Act of 1934, as amended; |
| ● | “FINRA” are to the Financial Industry Regulatory Authority; |
| ● | “founder shares” are to our Class B ordinary shares initially purchased by our sponsor in a private placement prior to the initial public offering and, unless the context otherwise requires, our Class A ordinary shares issued upon the conversion thereof as provided herein; |
| ● | “GAAP” are to the accounting principles generally accepted in the United States of America; |
| ● | “IFRS” are to the International Financial Reporting Standards, as issued by the International Accounting Standards Board; |
| ● | “initial business combination” are to a merger, capital share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses; |
| ● | “initial public offering” or “IPO” are to the initial public offering that was consummated by the Company on October 29, 2021; |
| ● | “initial shareholders” are to our sponsor (as defined below), and any of our officers or directors that hold founder shares; |
| ● | “Investment Company Act” are to the Investment Company Act of 1940, as amended; |
| ● | “JOBS Act” are to the Jumpstart Our Business Startups Act of 2012; |
| ● | “letter agreement” refers to the letter agreement, the form of which is filed as an exhibit to the Registration Statement for our initial public offering; |
| ● | “management” or our “management team” are to our officers and directors; |
4