SHARE PURCHASE AGREEMENTShare Purchase Agreement • June 15th, 2020 • China Rapid Finance LTD • Finance services • New York
This Share Purchase Agreement (this “Agreement”) is entered into as of May 5, 2020 (“Effective Date”), by and among China Rapid Finance Ltd., a Cayman Islands exempted company with limited liability (“XRF”) with its principal business at 2nd Floor, Building D, BenQ Plaza 207 Songhong Road Changning District, Shanghai 200335 PRC, Yong Bao Two Ltd., a limited liability company organized under the laws of the British Virgin Islands, with its principal place of business at Gui’an Digital Economy Industrial Park, No. 3 Building, 10th Floor, Room 4, University Town, Gui’an New District, Guizhou, PRC (“YBT”), the shareholders (the “YBT Shareholders”) listed on the signature pages hereto who collectively own 100% equity interest of YBT and the individuals listed on the signature pages hereto (each, a “Purchaser,” collectively with the YBT Shareholders the “Investors”). XRF, YBT and the Investors are sometimes referred to herein individually as a “Party” and collectively as the “Parties”.
TRIPARTITE AGREEMENTTripartite Agreement • June 15th, 2020 • China Rapid Finance LTD • Finance services • New York
WHEREAS, XRF and TNF entered into a share purchase agreement dated as of December 24, 2019 (the “Original SPA”) pursuant to which XRF issued and sold 37,985,203 Class A ordinary shares at a purchase price of USD 0.193 per share (the "Purchased XRF Shares") and 3,465,574 Class B ordinary shares at a purchase price of $0.193 per share (the “Original Class B Shares”), for a total purchase price of USD 8,000,000. As consideration for the Purchased XRF Shares and Original Class B Shares, TNF issued a senior secured promissory note (the "Note") dated as of December 24, 2019, as amended, to XRF promising to pay the principal sum of USD 8,000,000.
ASSUMPTION AGREEMENTAssumption Agreement • June 15th, 2020 • China Rapid Finance LTD • Finance services • New York
WHEREAS, XRF and the Assignor entered into certain share purchase agreement dated as of December 24, 2019 (the “TNF SPA”), as amended, pursuant to which XRF issued and sold 37,985,203 Class A ordinary shares at a price of USD0.193 per share (the "Purchased XRF Shares") and 3,465,574 Class B ordinary shares at a price of $0.193 per share (“TNF Class B Shares”), for a total purchase price of USD 8,000,000. The Assignor issued a senior secured promissory note (the "Note") on December 24, 2019, as amended, to XRF promising to pay the principal sum of USD 8,000,000 (the “Principal”);
AMENDMENT NO. 1 TO SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 15th, 2020 • China Rapid Finance LTD • Finance services
This AMENDMENT NO. 1 is entered into as of May 31, 2020 (this “Amendment”), to the SHARE PURCHASE AGREEMENT (the “Share Purchase Agreement”), dated as of May 5, 2020, by and among China Rapid Finance Ltd., A Cayman Islands exempted company with limited liability (“XRF”) with its principal business at 2nd Floor, Building D, BenQ Plaza 207 Songhong Road Changning District, Shanghai 200335 PRC, Yong Bao Two Ltd., a limited liability company organized under the laws of the British Virgin Islands, with its principal place of business at Gui’an Digital Economy Industrial Park, No. 3 Building, 10th Floor, Room 4, University Town, Gui’an New District, Guizhou, PRC (“YBT”), the shareholders (the “YBT Shareholders”) listed on the signature pages hereto who collectively own 100% equity interest of YBT and the individuals listed on the signature pages hereto (each, a “Purchaser,” collectively with the YBT Shareholders the “Investors”). XRF, YBT and the Investors are sometimes referred to herein in
