ContractSecurities Purchase Agreement • December 22nd, 2020 • Bare Metal Standard Inc. • Industrial & commercial fans & blowers & air purifing equip • New York
SECURITIES PURCHASE AGREEMENT This SECURITIES PURCHASE AGREEMENT (the "Agreement"), dated as of October 23, 2020, by and between BARE METAL STANDARDS, INC., a Idaho corporation, with its address at 3604 S. Banner Street, Boise, ID 83709 (the "Company"), and REDSTART HOLDINGS CORP., a New York corporation, with its address at 1188 Willis Avenue, Albertson, New York 11507 (the "Buyer"). WHEREAS: A. The Company and the Buyer are executing and delivering this Agreement in reliance upon the exemption from securities registration afforded by the rules and regulations as promulgated by the United States Securities and Exchange Commission (the "SEC") under the Securities Act of 1933, as amended (the "1933 Act"); and B. Buyer desires to purchase and the Company desires to issue and sell, upon the terms and conditions set forth in this Agreement a convertible note of the Company, in the form attached hereto as Exhibit A, in the aggregate principal amount of $48,000.00 (together with any note(s)
