SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 12th, 2018 • theMaven, Inc. • Cable & other pay television services • Kansas
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of June 6, 2018, by and between THEMAVEN, INC., a Delaware corporation, with headquarters located at 1500 Fourth Avenue, Suite 200, Seattle, WA 98101 (the “Company”), and L2 CAPITAL, LLC, a Kansas limited liability company, with its address at 411 Dorado Beach East, Dorado, PR 00646 (the “Buyer”).
COMMON STOCK PURCHASE WARRANT THEMAVEN, INC.Security Agreement • June 12th, 2018 • theMaven, Inc. • Cable & other pay television services • Kansas
This COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received (in connection with the funding of the purchase price of $500,000.00, with respect to the first tranche of $570,555.720 issuance of that certain convertible promissory note in the original principal amount of $1,681,668.00 on June 6, 2018 by the Company (as defined below) to the Holder (as defined below)) (the “Note”), L2 Capital, LLC, a Kansas limited liability company (including any permitted and registered assigns, the “Holder”), is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after the date of issuance hereof, to purchase from TheMaven, Inc., a Delaware corporation (the “Company”), up to 216,120 shares of Common Stock (as defined below) (the “Warrant Shares”) (whereby such number may be adjusted from time to time pursuant to the terms and conditions of this Warrant) (with the understanding that the Holder shall only
