WAIVER OF WARRANT
Exhibit 10.26
This “Agreement” is entered into as of the date executed below, between Mangoceuticals, Inc. (the “Company”) and Boustead Securities, LLC (“Boustead”) (each a “Party”, and collectively the “Parties”).
Warrant # | Warrant Shares | Strike Price | Issuance Date | |||||||
PA-1 | 56,000 | $ | 1.0000 | 16-Aug-22 | ||||||
PA-2 | 51,870 | $ | 1.0000 | 9-Sep-22 | ||||||
PA-3 | 102,200 | $ | 1.0000 | 27-Sep-22 | ||||||
PA-4 | 45,500 | $ | 1.0000 | 00-Xxx-00 | ||||||
XX-0 | 24,430 | $ | 1.0000 | 22-Dec-22 |
Xxxxxxxx will surrender the Placement Agent Warrant for no consideration. Boustead irrevocably waives any right or interest in the Placement Agent Warrants.
The Company agrees and acknowledges that such irrevocable waiver is material to this Agreement and the Company further intends and understands such waiver to be valid, binding and enforceable under applicable law.
Boustead Securities, LLC | Mangoceuticals, Inc. | |
/s/ Xxxxx Xxxxx | /s/ Xxxxx Xxxxx | |
Xxxxx Xxxxx, CEO | Xxxxx Xxxxx, CEO |