SECURITIES PURCHASE AGREEMENT by and among ADCARE HOLDING TRUST, ADCARE, INC., AAC HOLDINGS, INC. and AAC HEALTHCARE NETWORK, INC. Dated as of September 13, 2017Securities Purchase Agreement • September 13th, 2017 • AAC Holdings, Inc. • Services-specialty outpatient facilities, nec • Delaware
This SECURITIES PURCHASE AGREEMENT (this “Agreement”) is made as of September 13, 2017, by and among AAC Holdings, Inc., a Nevada corporation (“Holdings”), AAC Healthcare Network, Inc., a Delaware corporation and a wholly-owned subsidiary of Holdings (“Buyer”), AdCare Holding Trust, a Massachusetts Business Trust (“Seller”), and AdCare, Inc., a Massachusetts corporation (the “Company”). Capitalized terms used and not otherwise defined herein have the meanings set forth in Article 10 below.
