SUBSCRIPTION AGREEMENT
Exhibit 10.5
TO: The Directors of Lionheart Acquisition Corp. (the “Company”).
We hereby subscribe for five million (5,000,000) shares (the “Shares”) of common stock of the Company. In consideration for the issue of the shares, we hereby agree and undertake to pay $25,000.00 to the Company.
We agree to take the Shares subject to the Certificate of Incorporation and By-laws of the Company and we authorize you to enter the following name and address in the stockholder ledger of the Company:
Name: Lionheart Equities, LLC
Address: 0000 XX 0xx Xxxxxx, Xxxxx, XX 00000
LIONHEART EQUITIES, LLC
| Signed: | /s/ Xxxxx Xxxxxxxxx | |
| Name: | Xxxxx Xxxxxxxxx | |
| Title: | Manager | |
Dated: January 10, 2020
Accepted:
LIONHEART ACQUISITION CORP.
| Signed: | /s/ Xxxxx Xxxxxxxxx | |
| Name: | Xxxxx Xxxxxxxxx | |
| Title: | Chief Executive Officer and President | |
Dated: January 10, 2020
