Purchase Agreement June 23, 2022Securities Purchase Agreement • June 23rd, 2022 • Canaan Inc. • Semiconductors & related devices • New York
Reference is hereby made to the Warrant to Purchase Ordinary Shares Represented By American Depositary Shares (the “Warrant”) to subscribe and purchase from Canaan Inc. (the “Company”) 70,833,360 Class A ordinary shares, par value $0.00000005 per share, of the Company, represented by 4,722,224 American Depositary Shares (the “Warrant ADSs”) with an initial exercise date of May 3, 2021, pursuant to the Securities Purchase Agreement dated as of April 29, 2021 (the “SPA” and all common stock purchase warrants issued pursuant to the SPA, including the Warrant, the “SPA Warrants” and the holders of such SPA Warrants other than the Holder herein, the “Other Holders”). The Company agrees with the Holder as follows (this Purchase Agreement being referred to hereinafter as this “Agreement” ):
FIRST AMENDMENT TO SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • June 23rd, 2022 • Canaan Inc. • Semiconductors & related devices
THIS FIRST AMENDMENT TO SECURITIES PURCHASE AGREEMENT (this “First SPA Amendment”) is made and entered into effective as of June 23, 2022 (the “Effective Date”) by and between Canaan Inc., a Cayman Islands company (the “Company”) and each purchaser identified on the signature pages hereto (“Purchasers”).
