ESCROW AND DEPOSIT AGREEMENTEscrow and Deposit Agreement • December 8th, 2022 • Fortune Valley Treasures, Inc. • Retail-miscellaneous retail • New York
Contract Type FiledDecember 8th, 2022 Company Industry JurisdictionTHIS AGREEMENT (this “Agreement”) is made this __________________ by and among Fortune Valley Treasures, Inc., a Nevada corporation (the “Issuer”), Joseph Stone Capital, LLC, a Delaware limited liability company (the “Underwriter”) , and Continental Stock Transfer & Trust Company, 1 State Street, 30th Floor, New York, New York 10004 (the “Escrow Agent”). Capitalized term used herein and not otherwise defined herein shall have the respective meaning set forth in the Underwriting Agreement (as defined below).