SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • January 31st, 2024 • Phoenix Motor Inc. • Truck & bus bodies • New York
This Securities Purchase Agreement (this “Agreement”), dated as of January 4, 2024 (the “Effective Date”), is by and between Gaoan Capital Management LLC, a limited liability company formed under the laws of California with its principal office at 1239 Talbryn Dr, Belmont, CA 94002 (the “Purchaser”), and Phoenix Motor Inc., a company incorporated under the laws of the Delaware with its principal office at 1500 Lakeview Loop, Anaheim, CA 92807 (the “Company”). Each of the Purchaser and the Company is referred to herein each as a “Party”, and collectively as the “Parties”.
