Securities Subscription Agreement between 99 Acquisition Group Inc. and 99 Acquisition Sponsor LLC dated August 16, 2022
99 Acquisition Sponsor LLC agrees to purchase 2,156,250 shares of common stock from 99 Acquisition Group Inc. for $25,000. The agreement requires the shares to be issued in accordance with the company's Certificate of Incorporation and By-laws. The shares will be registered in the name of 99 Acquisition Sponsor LLC. Both parties have signed and accepted the terms as of August 16, 2022.
Exhibit 10.5
SUBSCRIPTION AGREEMENT
| TO: | The Directors of 99 Acquisition Group Inc. (the “Company”). |
The undersigned hereby subscribes for 2,156,250 shares of common stock (the “Shares”) of the Company. In consideration for the issue of the Shares, the undersigned hereby agrees and undertakes to pay $25,000 to the Company.
We agree to take the Shares subject to the Certificate of Incorporation and By-laws of the Company and we authorize you to enter the following name and address in the stockholders ledger of the Company:
| Name: | 99 Acquisition Sponsor LLC | ||
| Address: | Attn: Hiren Patel | ||
| 14 Noblewood Ct, | |||
| Gaithersburg, MD 20878 | |||
| Email: ***@*** |
| 99 ACQUISITION SPONSOR LLC |
| Signed: | /s/ Hiren Patel | |
| Name: | Hiren Patel | |
| Title: | Manager |
| Dated: | August 16, 2022 |
| Accepted: | |
| 99 ACQUISITION GROUP INC. |
| Signed: | /s/ Hiren Patel | |
| Name: | Hiren Patel | |
| Title: | Chief Executive Officer |
| Dated: | August 16, 2022 |
