SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • May 20th, 2024 • Erayak Power Solution Group Inc. • Motors & generators • New York
This SECURITIES PURCHASE AGREEMENT (this “Agreement”) is made as of this _____day of ____, 2024, by and between Erayak Power Solution Group Inc., a Cayman Islands exempted company (the “Company”) and the person or entity listed on the signature page hereto under the heading “Purchaser” (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
ORDINARY SHARES PURCHASE WARRANT ERAYAK POWER SOLUTION GROUP INC.Erayak Power Solution Group Inc. • May 20th, 2024 • Motors & generators
THIS ORDINARY SHARES 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 the Initial Exercise Date and on or prior to 5:00 p.m. (New York City time) on the Termination Date but not thereafter, to subscribe for and purchase from Erayak Power Solution Group Inc., a Cayman Islands exempted company (the “Company”), up to [ ] Class A ordinary shares, par value $0.0001 per share (as subject to adjustment hereunder, the “Warrant Shares”). The purchase price of one Class A ordinary share under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
