Underwriting Agreement December 12, 2024Underwriting Agreement • December 16th, 2024 • Sacks Parente Golf, Inc. • Sporting & athletic goods, nec
Contract Type FiledDecember 16th, 2024 Company IndustrySacks Parente Golf, Inc., a Delaware corporation (the “Company”), agrees, subject to the terms and conditions in this agreement (this “Agreement”), to issue and sell to Aegis Capital Corp. (the “Underwriter”) an aggregate of 7,000,000 of the Company’s units (each, a “Closing Unit”), with each Closing Unit consisting of either: (A) one (1) share of Common Stockof the Company, $0.01 par value per share (the “Common Stock”), one (1) Series A warrant (each, a “Series A Warrant”), to purchase one (1) share of Common Stock at a per share exercise price of $2.40, and one (1) Series B warrant (each, a “Series B Warrant” and, collectively with the Series A Warrants, the “Warrants”) to purchase one (1) share of Common Stock at a per Share exercise price of $2.40, in accordance with the terms therein (each, a “Closing Common Unit”); or (B) one pre-funded warrant (each, a “Pre-funded Warrant”) to purchase one (1) share of Common Stock at an exercise price of $0.001, one (1) Series A Warrant, and o