COMMON STOCK PURCHASE WARRANT SINO-GLOBAL SHIPPING AMERICA, LTD.Sino-Global Shipping America, Ltd. • November 4th, 2020 • Arrangement of transportation of freight & cargo
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, [ ] or its 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 May 3, 2021 (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on May 3, 2026 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Sino-Global Shipping America, Ltd., a Virginia corporation (the “Company”), up to 120,000 shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. This Warrant is one of the warrants to purchase shares of Common Stock issued pursuant to that certain Securities Purchase Agreement (the “Purchase Agreement”) dated as of [ ], 2020 among the Company and the purchasers signatory thereto, as amended from time to time.
ContractSino-Global Shipping America, Ltd. • November 4th, 2020 • Arrangement of transportation of freight & cargo
NEITHER THIS SECURITY NOR THE SECURITIES FOR WHICH THIS SECURITY IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. THIS SECURITY AND THE SECURITIES ISSUABLE UPON EXERCISE OF THIS SECURITY MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN SECURED BY SUCH SECURITIES.
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 4th, 2020 • Sino-Global Shipping America, Ltd. • Arrangement of transportation of freight & cargo
THIS AGREEMENT, dated as of [ ], 2020, is entered into by and between Sino-Global Shipping America, Ltd., a Virginia corporation (“Company”), and [ ], its successors and/or assigns (“Purchaser”).
