12,500,000 Units LGL SYSTEMS ACQUISITION CORP. UNDERWRITING AGREEMENTUnderwriting Agreement • October 28th, 2019 • LGL Systems Acquisition Corp. • Blank checks • New York
Contract Type FiledOctober 28th, 2019 Company Industry JurisdictionIntroductory. LGL Systems Acquisition Corp., a Delaware corporation (the “Company”), proposes, upon the terms and conditions set forth in this agreement (this “Agreement”), to issue and sell to the several underwriters named in Schedule A (the “Underwriters”) an aggregate of 12,500,000 units of the Company (the “Public Units”). The 12,500,000 Public Units to be sold by the Company are called the “Firm Securities.” In addition, the Company has granted to the Underwriters an option to purchase up to an additional 1,875,000 Public Units as provided in Section 2. The additional 1,875,000 Public Units to be sold by the Company pursuant to such option are collectively called the “Optional Securities.” The Firm Securities and, if and to the extent such option is exercised, the Optional Securities are collectively called the “Offered Securities.” Jefferies LLC (“Jefferies”) has agreed to act as representative of the several Underwriters (in such capacity, the “Representative”) in connection wi