BUSINESS ACQUISITION AGREEMENTBusiness Acquisition Agreement • December 23rd, 2019 • China VTV LTD • Communications services, nec • Nevada
BUSINESS ACQUISITION AGREEMENT, dated as of December 18, 2019 (this “Agreement”), by and among China VTV Ltd., a Nevada corporation (“Parent”), VTV Global Culture Media (Beijing) Co., Ltd., a Chinese wholly foreign owned entity and a direct wholly-owned Subsidiary of Parent (“WFOE”), Butterfly Effect Culture Media (Beijing) Co., Ltd., a corporation formed under the laws of China (the “Target”), and each and all of the shareholders of the Target as listed on Schedule A attached herein, (each, a “Target Shareholder”, and collectively, “Target Shareholders”).
