AKESIS PHARMACEUTICALS, INC. WARRANT TO PURCHASE COMMON STOCKPurchase Common Stock • November 27th, 2006 • Akesis Pharmaceuticals, Inc. • Services-business services, nec • California
This Warrant to Purchase Common Stock (the “Warrant”) is issued to Globalvest Partners, LLC (the “Holder”) by Akesis Pharmaceuticals, Inc., a Nevada corporation (the “Company”), pursuant to the terms of that certain Securities Purchase Agreement (the “Purchase Agreement”) dated as of November 21, 2006 by and among the Company and certain purchasers (the “Investors”), of the Company’s Common Stock and is one of a series of warrants (collectively, the “Warrants”) issued pursuant to the Purchase Agreement. Pursuant to Section 1(b) of the Purchase Agreement, each Investor shall have the right to elect to either (a) receive a Warrant to purchase shares of the Company’s Common Stock, or (b) enter into a Registration Rights Agreement. The Holder has elected to receive this Warrant.
GLOBALVEST PARTNERS, LLC NEW YORK, NEW YORK 10168Akesis Pharmaceuticals, Inc. • November 27th, 2006 • Services-business services, nec
AKESIS PHARMACEUTICALS, INC. SECURITIES PURCHASE AGREEMENT November 21, 2006Securities Purchase Agreement • November 27th, 2006 • Akesis Pharmaceuticals, Inc. • Services-business services, nec • California
This Securities Purchase Agreement (the “Agreement”) is made as of November 21, 2006 by and among Akesis Pharmaceuticals, Inc., a Nevada corporation (the “Company”), and the individuals and entities (each, an “Investor” and collectively, the “Investors”) listed on the Schedule of Investors attached hereto as Schedule A (the “Schedule of Investors”).
