SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • November 18th, 2020 • Crown Electrokinetics Corp. • Electronic components, nec • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of November [__], 2020, between Crown Electrokinetics Corp., a Delaware corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
COMMON STOCK PURCHASE WARRANT CROWN ELECTROKINETICS CORP.Crown Electrokinetics Corp. • November 18th, 2020 • Electronic components, nec
THIS COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received, Cavalry Fund I LP 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 the date hereof (the “Initial Exercise Date”) and on or prior to 5:00 p.m. (New York City time) on November [___], 20251 (the “Termination Date”) but not thereafter, to subscribe for and purchase from Crown Electrokinetics Corp., a Delaware corporation (the “Company”), up to [___]2 shares (as subject to adjustment hereunder, the “Warrant Shares”) of Common Stock. The purchase price of one share of Common Stock under this Warrant shall be equal to the Exercise Price, as defined in Section 2(b).
