UNDERWRITING AGREEMENTUnderwriting Agreement • February 1st, 2021 • PowerFleet, Inc. • Communications equipment, nec • New York
PowerFleet, Inc., a Delaware corporation (the “Company”), proposes, subject to the terms and conditions stated herein, to issue and sell (the “Offering”) to the several underwriters (the “Underwriters”) named in Schedule I hereto, for whom Canaccord Genuity LLC is acting as representative (the “Representative”), an aggregate of 3,850,000 shares (the “Underwritten Shares”) of the Company’s common stock, par value $0.01 (the “Common Stock”). The Company has also granted the Underwriters the option to purchase an aggregate of up to 577,500 additional shares of Common Stock (the “Additional Shares”) in the Offering. To the extent there are no additional Underwriters listed on Schedule I other than you, the term Representative as used herein shall mean you, as Underwriter, and the term Underwriters shall mean the singular as the context requires.
