STANDBY EQUITY PURCHASE AGREEMENTEquity Purchase Agreement • March 2nd, 2023 • ETAO International Co., Ltd. • Services-offices & clinics of doctors of medicine • New York
THIS STANDBY EQUITY PURCHASE AGREEMENT (this “Agreement”) dated as of February 24, 2023 is made by and between YA II PN, LTD., a Cayman Islands exempt limited partnership (the “Investor”), and ETAO International Co., Ltd., a Cayman Islands exempted company (the “Company”).
ETAO International Entered Into Standby Equity Purchase Agreement of Up To $150 Million with YAII PN, Ltd.Standby Equity Purchase Agreement • March 2nd, 2023 • ETAO International Co., Ltd. • Services-offices & clinics of doctors of medicine
NEW YORK, March 1, 2023 /PRNewswire/ -- ETAO International Co., Ltd. (“ETAO” or the “Company”) announced on February 24, 2023, ETAO and YA II PN, Ltd., a Cayman Islands exempt limited partnership (the “Investor”) managed by Yorkville Advisors Global, LP (the “Investment Manager”), entered into a Standby Equity Purchase Agreement (the “SEPA”). The Investor is a fund headquartered in Mountainside, New Jersey.
