COMMON STOCK PURCHASE WARRANT IT TECH PACKAGING, INC.It Tech Packaging, Inc. • May 1st, 2020 • Converted paper & paperboard prods (no contaners/boxes)
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [_______]. or its assigns (the “Holder”) is entitled, upon the terms and subject to the limitations on exercise and the conditions hereinafter set forth, at any time on or after November 4, 2020 and on or prior to 5:00 p.m. (New York City time) on November 4, 2025 (the “Termination Date”) but not thereafter, to subscribe for and purchase from IT Tech Packaging, Inc., a corporation organized under the laws of Nevada (the “Company”), up to [ ] shares (as subject to adjustment hereunder, the “Warrant Shares”) of common stock of the Company, par value $0.001 per share (“Common Stock”). The purchase price of one Warrant Share shall be equal to the Exercise Price, as defined in Section 2(b).
FORM OF LOCK-UP AGREEMENTLock-Up Agreement • May 1st, 2020 • It Tech Packaging, Inc. • Converted paper & paperboard prods (no contaners/boxes) • New York
SUBJECT TO LEGAL REVIEW AND COMMITMENT COMMITTEE APPROVALIt Tech Packaging, Inc. • May 1st, 2020 • Converted paper & paperboard prods (no contaners/boxes) • New York
This letter (the “Agreement”) constitutes the agreement between Maxim Group LLC (“Maxim”) the “Lead Manager”) and IT Tech Packaging, Inc. (the “Company”), that Maxim shall serve as (i) sole lead/exclusive placement agent for the Company, on a “reasonable best efforts” basis (“Direct Placement”) or (ii) sole lead book running manager for the Company, on a firm commitment basis (“Underwritten Placement”) and collectively with a Direct Placement (a “Placement”), in connection with the proposed offering of registered securities (the “Securities”) of the Company, including shares (the “Shares”) of the Company’s common stock (the “Common Stock”). The terms of such Placement and the Securities shall be mutually agreed upon by the Company, the Lead Manager and, if a Direct Placement, the purchasers (each, a “Purchaser” and collectively, the “Purchasers”) and nothing herein constitutes that the Lead Manager would have the power or authority to bind the Company or any Purchaser or an obligation
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • May 1st, 2020 • It Tech Packaging, Inc. • Converted paper & paperboard prods (no contaners/boxes) • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of April 29, 2020, between IT Tech Packaging, Inc., a corporation organized under the laws of Nevada (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
