SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • August 4th, 2020 • Blackstar Enterprise Group, Inc. • Short-term business credit institutions • New York
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of July 24, 2020, by and between BLACKSTAR ENTERPRISE GROUP, INC., a Delaware corporation, with its address at 4450 Arapahoe Ave., Suite 100, Boulder, CO 80303 (the “Company”), and POWER UP LENDING GROUP LTD., a Virginia corporation, with its address at 111 Great Neck Road, Suite 216, Great Neck, NY 11021 (the “Buyer”).
BLACKSTAR ENTERPRISE GROUP, INC.Securities Purchase Agreement • August 4th, 2020 • Blackstar Enterprise Group, Inc. • Short-term business credit institutions
BLACKSTAR ENTERPRISE GROUP, INC., a Delaware corporation (the "Company") and POWER UP LENDING GROUP LTD., a Virginia corporation (the "Investor") have entered into a Securities Purchase Agreement dated as of July 24, 2020 (the "Agreement") providing for the issuance of a Convertible Promissory Note in the principal amount of $43,000.00 (the "Note").
