Securities Subscription Agreement dated August 16, 2022 between the Registrant and 99 Acquisition Sponsor LLC

EX-10.5 17 fs12023a1ex10-5_99acquis.htm SECURITIES SUBSCRIPTION AGREEMENT DATED AUGUST 16, 2022 BETWEEN THE REGISTRANT AND 99 ACQUISITION SPONSOR LLC

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