SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • August 12th, 2021 • Singing Machine Co Inc • Phonograph records & prerecorded audio tapes & disks • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of August 5, 2021, between The Singing Machine Company, Inc., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
COMMON STOCK PURCHASE WARRANT The Singing Machine Company, INC.Common Stock Purchase Warrant • August 12th, 2021 • Singing Machine Co Inc • Phonograph records & prerecorded audio tapes & disks
THIS COMMON STOCK 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 Issue Date and on or prior to 5:00 p.m. (New York City time) on the day that is five years from the date that the Securities and Exchange Commission declares effective the registration statement registering the Warrant Shares (the “Termination Date”) but not thereafter, to subscribe for and purchase from The Singing Machine Company, Inc., a Delaware corporation (the “Company”), up to ______ shares (as subject to adjustment hereunder, the “Warrant Shares”) of the Company’s Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
PRE-FUNDED COMMON STOCK PURCHASE WARRANT The Singing Machine COMpany, Inc.Pre-Funded Securities Agreement • August 12th, 2021 • Singing Machine Co Inc • Phonograph records & prerecorded audio tapes & disks
THIS PRE-FUNDED COMMON STOCK 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 date set forth herein (the “Issue Date”) and until this Warrant is exercised in full (the “Termination Date”) but not thereafter, to subscribe for and purchase from The Singing Machine Company, Inc., a Delaware corporation (the “Company”), up to ______ shares (as subject to adjustment hereunder, the “Warrant Shares”) of the Company’s Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
STOCK REDEMPTION AGREEMENTStock Redemption Agreement • August 12th, 2021 • Singing Machine Co Inc • Phonograph records & prerecorded audio tapes & disks • Florida
THIS STOCK REDEMPTION AGREEMENT (“Agreement”) is dated as of August 5, 2021, by and among The Singing Machine Company, Inc., a Delaware corporation (“Corporation”), Koncepts International Ltd. (“Koncepts”) and Treasure Green Holdings, Ltd. (“Treasure Green”, and collectively with Koncepts, “Shareholders” and individually “Shareholder”). The Corporation and Shareholders are sometimes collectively referred to herein as the “Parties” and individually as a “Party”.
