STANDBY EQUITY PURCHASE AGREEMENTStandby Equity Purchase Agreement • November 28th, 2022 • Phoenix Motor Inc. • Truck & bus bodies • New York
Contract Type FiledNovember 28th, 2022 Company Industry JurisdictionTHIS STANDBY EQUITY PURCHASE AGREEMENT (this “Agreement”) dated as of November 22, 2022 is made by and between YA II PN, LTD., a Cayman Islands exempt limited partnership (the “Investor”), and Phoenix Motor Inc., a company incorporated under the laws of the State of Delaware (the “Company”).