SECURITY AGREEMENTSecurity Agreement • April 13th, 2023 • Addvantage Technologies Group Inc • Wholesale-durable goods
Contract Type FiledApril 13th, 2023 Company IndustryThis SECURITY AGREEMENT, dated as of April 12, 2023 (this “Agreement”), is among ADDvantage Technologies Group, Inc., an Oklahoma corporation (the “Company”), all of the Subsidiaries of the Company (such subsidiaries, the “Guarantors” and, together with the Company, the “Debtors”) and Mast Hill Fund, L.P., a Delaware limited partnership (collectively with its endorsees, transferees and assigns, the “Secured Parties”).
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • April 13th, 2023 • Addvantage Technologies Group Inc • Wholesale-durable goods • Delaware
Contract Type FiledApril 13th, 2023 Company Industry JurisdictionThis SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of April 7, 2023, by and between ADDVANTAGE TECHNOLOGIES GROUP, INC., an Oklahoma corporation, with headquarters located at 1430 Bradley Lane, Suite 196, Carrollton, TX 75007 (the “Company”), and MAST HILL FUND, L.P., a Delaware limited partnership, with its address at 48 Parker Road, Wellesley, MA 02482 (the “Buyer”).
COMMON STOCK PURCHASE WARRANTSecurities Agreement • April 13th, 2023 • Addvantage Technologies Group Inc • Wholesale-durable goods • Delaware
Contract Type FiledApril 13th, 2023 Company Industry JurisdictionThis COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received (in connection with the issuance of the senior secured promissory note in the principal amount of $2,421,052.63 to the Holder (as defined below) of even date) (the “Note”), Mast Hill Fund, L.P., a Delaware limited partnership (including any permitted and registered 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 of issuance hereof, to purchase from ADDVANTAGE TECHNOLOGIES GROUP, INC., an Oklahoma corporation (the “Company”), 232,421 shares of Common Stock (the “Warrant Shares”) (whereby such number may be adjusted from time to time pursuant to the terms and conditions of this Warrant) at the Exercise Price per share then in effect. This Warrant is issued by the Company as of the date hereof in connection with that certain securities purchase agreement dated April 7, 2023, by and am