SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • February 22nd, 2021 • MMTec, Inc. • Services-prepackaged software • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of February [ ], 2021, and is between MMTEC, INC., a British Virgin Islands company(the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively the “Purchasers”).
CONFIDENTIAL MMTec, Inc. Attn: Mr. Min Kong AF, 16/F, Block B, Jiacheng Plaza, 18 Xiaguangli, Chaoyang District Beijing, China , 100027 ChinaMMTec, Inc. • February 22nd, 2021 • Services-prepackaged software • New York
This letter (the “Agreement”) constitutes the agreement between MMTec, Inc., (the “Company”) and A.G.P./Alliance Global Partners. (“A.G.P.”) that A.G.P. shall serve as the exclusive placement agent in a registered direct offering to investors (each, an “Offering”) up to approximately $20 Million of shares of common stock, par value $0.001 per share (“Common Stock”), of the Company (“Securities”) during the Term (as defined below) of this Agreement. The terms of each Offering, the prospective investors and the Securities issued in connection therewith shall be mutually agreed upon by the Company and A.G.P. and nothing herein implies that A.G.P. would have the power or authority to bind the Company and nothing herein implies that the Company shall have an obligation to issue any Securities. It is understood that A.G.P.’s assistance in an Offering will be subject to the satisfactory completion of such investigation and inquiry into the affairs of the Company as A.G.P. deems appropriate un
