ContractSubscription Agreement • August 22nd, 2018 • Link Motion Inc. • Services-prepackaged software
On July 19, 2018, pursuant to the terms of a subscription agreement entered into on that date (the “Subscription Agreement”) by and between Link Motion Inc. (the “Company”) and China AI Capital Limited, a company incorporated and existing under the laws of the British Virgin Islands (“Investor”), Investor subscribed for and purchased from the Company, and the Company issued and sold to Investor, 70,175,439 previously-authorized shares (the “Acquired Shares”) of the Company’s Class B common shares, par value U.S$0.0001 per share (the “Class B Shares”), for a purchase price of U.S.$0.285 per Class B Share, or an aggregate purchase price of U.S.$20,000,000 (TWENTY MILLION U.S. DOLLARS) (the “Purchase Price”). The offer and sale of the Acquired Shares were carried out without registration thereof under the U.S. Securities Act of 1933, as amended (the “Securities Act”), in compliance with and in reliance upon the provisions of Regulation S (“Regulation S”) under the Securities Act.
SUBSCRIPTION AGREEMENTSubscription Agreement • August 22nd, 2018 • Link Motion Inc. • Services-prepackaged software
This SUBSCRIPTION AGREEMENT (this “Subscription Agreement”) is entered into this 19th day of July, 2018, by and between China AI Capital Limited, a company incorporated and existing under the laws of the British Version Islands, with its registered office at c/o Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola VG1110, British Virgin Islands (“Investor”), and Link Motion Inc., an exempted company incorporated and existing under the laws of the Cayman Islands, with a place of business at No. 4 Building, 11 Heping Li East Street, Dongcheng District, Beijing 100013, The People’s Republic of China (the “Issuer”) (the Investor and the Issuer may be singularly or collectively referred to in this Subscription Agreement as a “Party” or the “Parties”, respectively).
