Shares of Common Stock XCEL BRANDS, INC. UNDERWRITING AGREEMENTUnderwriting Agreement • July 17th, 2015 • XCel Brands, Inc. • Patent owners & lessors • New York
Xcel Brands, Inc., a Delaware corporation (the “Company”), proposes to (i) issue and sell to Wunderlich Securities, Inc. (the “Underwriter”) [_________] shares (the “Firm Shares”) of common stock, par value $0.001 per share, of the Company (the “Common Stock”) and (ii) grant to the Underwriter an option to purchase from the Company up to [_________] additional shares of Common Stock to cover over-allotments (the “Option Shares”), if any. The Firm Shares and the Option Shares are collectively referred to herein as the “Shares.” The Underwriter proposes to make a public offering of the Firm Shares as soon as the Underwriter deems it advisable to do so after this Underwriting Agreement (the “Agreement”) has been executed and delivered.
