Achari Ventures Holdings Corp. ISecurities Subscription Agreement • February 26th, 2021 • Achari Ventures Holdings Corp. I • Blank checks • New York
This agreement (the “Agreement”) is entered into on February 7, 2021 by and between Achari Sponsor Holdings I LLC, a Delaware limited liability company (the “Subscriber” or “you”), and Achari Ventures Holdings Corp. I., a Delaware corporation (the “Company”, “we” or “us”). Pursuant to the terms hereof, the Company hereby accepts the offer the Subscriber has made to purchase 2,156,250 shares (the “Shares”) of common stock, $0.0001 par value per share (the “Common Stock”) up to 218,250 of which are subject to forfeiture by you if the underwriters of the initial public offering (“IPO”) of units of the Company (the “Units”), do not fully exercise their over-allotment option (the “Over-allotment Option”). The Company and the Subscriber’s agreements regarding such Shares are as follows:
