LIQUIDITY EVENT AGREEMENTLiquidity Event Agreement • February 17th, 2021 • Red Cat Holdings, Inc. • Services-prepackaged software
The undersigned (“Shareholder”) is a holder of shares of common stock (the “Shares”) of Skypersonic, Inc., a Michigan corporation (the “Company”). In connection with a proposed purchase by Red Cat Skypersonic, Inc, a Nevada corporation (“Purchaser”), an affiliate of Red Cat Holdings, Inc., a Nevada corporation (“Red Cat”), of 100% of the issued and outstanding capital stock of the Company in exchange for newly issued shares of Red Cat (the “Transaction”), Shareholder and the Company hereby agree as follows:
SHARE PURCHASE AGREEMENTShare Purchase Agreement • February 17th, 2021 • Red Cat Holdings, Inc. • Services-prepackaged software • Nevada
This Share Purchase Agreement (this “Agreement”) is entered into as of the Effective Date by and among Red Cat Holdings, Inc., a Nevada corporation (“Parent”), Red Cat Skypersonic, Inc., a Nevada corporation (“Buyer”), Skypersonic, Inc., a Michigan corporation (“Company” or “Skypersonic”), Giuseppe Santangelo (“Santangelo”), Anna Piccione (“Piccione”), and Michele De Gregorio (“Gregorio”) (Santangelo, Piccione and De Gregorio are individually referred to herein as a “Seller” and collectively as the “Sellers”, and Sellers, the Company, Parent and Buyer are sometimes referred to herein individually as a “Party” and collectively as the “Parties”).
