Brownie’s Marine Group, Inc. SUBSCRIPTION AGREEMENTSubscription Agreement • March 12th, 2019 • Brownie's Marine Group, Inc • Sporting & athletic goods, nec • Florida
This Subscription Agreement (this “Agreement”) is being delivered to you in connection with your subscription for a unit of the securities of Brownie’s Marine Group, Inc., a Florida corporation (the “Company”), with the unit (the “Unit”) consisting of 50,000,000 shares of common stock, par value $0.0001 per share (the “Shares”); 50,000,000 eighteen month common stock purchase warrants exercisable at $0.01 (the “Warrants”). The form of Warrants is attached as Exhibit A to this Agreement and is incorporated herein by such reference. The Company is conducting a private placement (the “Private Placement”) of the Unit at a purchase price of $500,000 per Unit in reliance on an exemption from registration under the Securities Act of 1933, as amended (the “Securities Act”) pursuant to Section 4(a)(2) and/or Rule 506(b) of Regulation D under the terms of this Agreement. All subscription proceeds will be directly paid to the Company. The proceeds from this offering shall be used for research, de
