SUBSCRIPTION AGREEMENTSubscription Agreement • December 14th, 2020 • Chelsea Worldwide Inc. • Pharmaceutical preparations • Delaware
Contract Type FiledDecember 14th, 2020 Company Industry JurisdictionThis Subscription Agreement (this “Subscription Agreement”) is being entered into as of the date set forth on the signature page hereto, by and between Chelsea Worldwide Inc., a Delaware corporation (the “Company”), and the undersigned subscriber (the “Investor”), in connection with the Merger Agreement, dated as of the date hereof (as may be amended, supplemented or otherwise modified from time to time, the “Transaction Agreement”), by and among the Company, Clene Nanomedicine, Inc., a Delaware corporation (the “Clene”), Fortis Advisors LLC, a Delaware limited partnership, Tottenham Acquisition I Ltd., a British Virgin Islands company wholly owning the Company (the “Parent”) and Creative Worldwide Inc., a Delaware corporation and wholly-owned subsidiary of the Company (“Merger Sub”), pursuant to which, among other things, (i) the Parent will reincorporate to the state of Delaware by merging with and into the Company with the Company remaining as the surviving publicly traded entity (t