EXHIBIT 10.7
Elevation Acquisition Group Inc.
**FORM OF PRIVATE PLACEMENT UNITS PURCHASE AGREEMENT **
This PRIVATE PLACEMENT UNITS PURCHASE AGREEMENT (this “Agreement”) is made as of the _______ day of ____, 2026, by and between Elevation Acquisition Group Inc., a Cayman Islands exempted company (the “Company”), Elevation Group Sponsor, LLC (the “Sponsor”), and the holders named in Exhibit A hereto (these holders, collectively with the Sponsor, the “Subscribers”).
WHEREAS, the Company intends to consummate an initial public offering (the “IPO”) of the Company’s units (the “Units”), each unit consisting of one Class A ordinary share, par value $0.0001 per share (a “Class A Ordinary Share”), and one right (a “Right”) to receive one-sixth (1/6) of one Class A Ordinary Share (the “Right Shares”) upon the consummation of the Company’s initial business combination (the “Business Combination”) to be governed by the Rights Agreement (as defined below), as set forth in the Company’s registration statement on Form S-1 related to the IPO (the “Registration Statement”);
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