SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • December 23rd, 2022 • Bio Key International Inc • Services-prepackaged software • New York
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of December 22, 2022, by and between BIO-KEY INTERNATIONAL, INC., a Delaware corporation, with headquarters located at 3349 Highway 138, Building A, Suite E, Wall, NJ 07719 (the “Company”), and AJB CAPITAL INVESTMENTS, LLC, a Delaware limited liability company, with its address at 4700 Sheridan Street, Suite J, Hollywood, FL 33021 (the “Buyer”).
SECURITY AGREEMENTSecurity Agreement • December 23rd, 2022 • Bio Key International Inc • Services-prepackaged software • Delaware
This SECURITY AGREEMENT (this “Agreement”) made and effective as of December 22, 2022, is executed by and between BIO-KEY INTERNATIONAL, INC., a Delaware corporation (the “Company”), and AJB CAPITAL INVESTMENTS, LLC, a Delaware limited liability company (the “Secured Party”).
COMMON STOCK PURCHASE WARRANT BIO-KEY INTERNATIONAL, INC.Common Stock Purchase • December 23rd, 2022 • Bio Key International Inc • Services-prepackaged software • New York
This COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received (in connection with the issuance of the $2,200,000.00 10% promissory note to the Holder (as defined below) of even date) (the “Note”), AJB Capital Investments, LLC, a Delaware limited liability company (including any permitted and registered 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 of issuance hereof, to purchase from BIO-key International, Inc., a Delaware corporation (the “Company”), up to 200,000 shares of Common Stock (as defined below) (the “Warrant Shares”) (whereby such number may be adjusted from time to time pursuant to the terms and conditions of this Warrant) at the Exercise Price per share then in effect. This Warrant is issued by the Company as of the date hereof in connection with that certain securities purchase agreement dated December 19, 2022, by and among
