SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • August 12th, 2016 • Check-Cap LTD • X-ray apparatus & tubes & related irradiation apparatus • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of August 8, 2016, between Check-Cap Ltd., a company incorporated under the laws of Israel (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
Steven Urbach Chardan Capital Markets, LLCCheck-Cap LTD • August 12th, 2016 • X-ray apparatus & tubes & related irradiation apparatus • New York
This letter (the “Agreement”) constitutes the agreement between Check-Cap Ltd. (the “Company”) and Chardan Capital Markets, LLC (“Chardan”) that Chardan shall serve as the exclusive placement agent (the “Services”) for the Company, on a reasonable best efforts basis, in connection with the proposed offer and placement (the “Offering”) by the Company of securities of the Company with a market value of up to Six Million Dollars ($6,000,000) (the “Securities”). The terms of the Offering and the Securities shall be mutually agreed upon by the Company and the investors and nothing herein implies that Chardan would have the power or authority to bind the Company or that there is any obligation for the Company to issue any Securities or complete the Offering. The Company expressly acknowledges and agrees that the execution of this Agreement does not constitute a commitment by Chardan to purchase the Securities and does not ensure the successful placement of the Securities or any portion there
