SHARE PURCHASE AGREEMENTShare Purchase Agreement • April 18th, 2023 • Paranovus Entertainment Technology Ltd. • Medicinal chemicals & botanical products • New York
Contract Type FiledApril 18th, 2023 Company Industry JurisdictionThis Share Purchase Agreement (this “Agreement”) is made and entered into as of April 10, 2023 by and among (i) Fujian Hengda Beverage Co., Ltd , a PRC company (the “Purchaser”), (ii) Fujian Happiness Biotech Co., Limited, a PRC company (the “Company”), (iii) Happiness (Nanping) Biotech Co., Limited, a PRC company (“Happiness Nanping” or the “Seller”) and (iv) Paranovus Entertainment Technology Ltd., a Cayman Islands exempt limited company (“PubCo”). The Purchaser, the Company, the Seller and the PubCo are sometimes referred to herein individually as a “Party” and, collectively, as the “Parties”.