Amended and Restated Promissory NoteLuxurban Hotels Inc. • July 12th, 2024 • Real estate • New York
This note amends and restates and replaces in its entirety that certain revolving promissory note dated August 15, 2022 (as amended thereafter and prior to the date hereof, the “Original August 2022 Note”), made by LuxUrban Hotels Inc. (the “Borrower”) to the order of THA Family II LLC and Andrea Romanello Ferdinand (together and jointly, the “Lender”).
LUXURBAN HOTELS INC. UNDERWRITING AGREEMENT 30,000,000 Shares of Common StockUnderwriting Agreement • July 12th, 2024 • Luxurban Hotels Inc. • Real estate • New York
LuxUrban Hotels Inc., a Delaware corporation (the “Company”‘), proposes, subject to the terms and conditions stated herein, to issue and sell to the underwriters named in Schedule I hereto (the “Underwriters.” or each, an “Underwriter”), for whom Alexander Capital, L.P., is acting as the representative (the “Representative”). 30,000,000 authorized but unissued shares (the “Firm Shares”) of common stock of the Company, par value $0.00001 per share (the “Common Stock”) and 0 Pre-Funded Warrants, each to purchase one share of Common Stock at an exercise price of $0.01 per share (“Firm Pre-Funded Warrants”). In addition, the Company also proposes to sell to the Underwriters, upon the terms and conditions set forth in Section 4 hereof, up to an additional 4,500,000 authorized but unissued shares of Common Stock (the “Option Shares”) and/or up to an additional 0 Pre-Funded Warrants (the “Option Pre-Funded Warrants”. The Firm Shares and the Option Shares are hereinafter collectively referred
ContractLuxurban Hotels Inc. • July 12th, 2024 • Real estate
THE REGISTERED HOLDER OF THIS WARRANT BY ITS ACCEPTANCE HEREOF, AGREES THAT IT WILL NOT SELL, TRANSFER OR ASSIGN THIS WARRANT EXCEPT AS HEREIN PROVIDED AND THE REGISTERED HOLDER OF THIS WARRANT AGREES THAT IT WILL NOT SELL, TRANSFER, ASSIGN, PLEDGE OR HYPOTHECATE THIS WARRANT FOR A PERIOD OF ONE HUNDRED EIGHTY DAYS FOLLOWING THE COMMENCEMENT DATE (DEFINED BELOW) TO ANYONE EXCEPT AS PROVIDED IN FINRA RULE 5110(e)(2).
