Ooma Inc – OOMA, INC. 3,275,000 Shares of Common Stock PURCHASE AGREEMENT (January 13th, 2017)
Certain stockholders of Ooma, Inc., a Delaware corporation (the Company), named in Schedule I hereto (the Selling Stockholders), propose to sell to B. Riley & Co., LLC (the Purchaser) an aggregate of 2,850,000 shares (the Firm Shares) of common stock, $0.0001 par value per share of the Company (the Common Stock), with each Selling Stockholder selling the number of Firm Shares set forth opposite such Selling Stockholders name in Schedule I hereto. In addition, the Selling Stockholders propose to grant to the Purchaser the option to purchase up to an additional 425,000 shares of Common Stock, representing fifteen percent (15%) of the Firm Shares (the Additional Shares). The Firm Shares and the Additional Shares are hereinafter collectively referred to as the Shares. The Shares are described in the Prospectus which is referred to below.