UNDERWRITING AGREEMENTUnderwriting Agreement • July 3rd, 2018 • Profire Energy Inc • Oil & gas field machinery & equipment • New York
Contract Type FiledJuly 3rd, 2018 Company Industry JurisdictionCertain stockholders of Profire Energy, Inc., a Nevada corporation (the “Company”) named on Schedule I hereto (collectively, the “Selling Stockholders”), severally propose, subject to the terms and conditions stated herein, to sell to the several underwriters named on Schedule II hereto (collectively, the “Underwriters”), an aggregate of 7,500,000 shares (the “Firm Shares”) of the Company’s common stock, par value $0.001 per share (the “Common Stock”), each Selling Stockholder selling the amount of Firm Shares set forth opposite such Selling Stockholder’s name on Schedule I hereto. The Selling Stockholders also propose, subject to the terms and conditions stated herein, to sell to the Underwriters an aggregate of up to 1,125,000 additional shares of Common Stock (the “Additional Shares”), as may be necessary to cover over-allotments made in connection with the offering of the Shares (as defined below), each Selling Stockholder selling the amount of Additional Shares set forth opposite