SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • February 27th, 2023 • Sugarmade, Inc. • Wholesale-paper & paper products • Delaware
This SECURITIES PURCHASE AGREEMENT (the “Agreement”), dated as of February 21, 2023, by and between SUGARMADE, INC., a Delaware corporation, with headquarters located at 750 Royal Oaks Dr., Suite 108, Monrovia, CA 91016 (the “Company”), and MAST HILL FUND, L.P., a Delaware limited partnership, with its address at 48 Parker Road, Wellesley, MA 02482 (the “Buyer”).
COMMON STOCK PURCHASE WARRANT SUGARMADE, INC.Common Stock Purchase Warrant • February 27th, 2023 • Sugarmade, Inc. • Wholesale-paper & paper products • Delaware
This COMMON STOCK PURCHASE WARRANT (the “Warrant”) certifies that, for value received (in connection with the issuance of the senior secured promissory note in the principal amount of $122,500.00 to the Holder (as defined below) of even date) (the “Note”), MAST HILL FUND, L.P., a Delaware limited partnership (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 SUGARMADE, INC., a Delaware corporation (the “Company”), 418,333,334 shares of Common Stock (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 February 21, 2023, by and among the Company
SECURITY AGREEMENTSecurity Agreement • February 27th, 2023 • Sugarmade, Inc. • Wholesale-paper & paper products
This SECURITY AGREEMENT, dated as of February 21, 2023 (this “Agreement”), is among SUGARMADE, INC., a Delaware corporation (the “Company”), all of the Subsidiaries of the Company (such subsidiaries, the “Guarantors” and together with the Company, the “Debtors”) and Mast Hill Fund, L.P., a Delaware limited partnership (collectively with its endorsees, transferees and assigns, the “Secured Parties”).
