Subscription Agreement between Blue Safari Group Acquisition Corp. and First Euro Investments Limited
First Euro Investments Limited agrees to purchase 1 Class B ordinary share of Blue Safari Group Acquisition Corp. for $1.00. The agreement is subject to the company's Memorandum and Articles of Association. The company will record First Euro Investments Limited as a shareholder. Both parties signed the agreement on February 23, 2021.
Exhibit 10.5
SUBSCRIPTION AGREEMENT
TO: The Directors of Blue Safari Group Acquisition Corp. (the “Company”).
The undersigned hereby subscribes for 1 Class B ordinary shares (the “Shares”) of the Company. In consideration for the issue of the Shares, the undersigned hereby agrees and undertakes to pay $1.00 to the Company.
We agree to take the Shares subject to the Memorandum and Articles of Association of the Company and we authorize you to enter the following name and address in the stockholders ledger of the Company:
| Name: | First Euro Investments Limited | |
| Address: | CCS Trustees Limited 263 Main Street, Road Town Tortola, BVI |
For and on behalf of First Euro Investments Limited
By:
| Signed: | /s/Serena Shie | ||
| Name: | Serena Shie | ||
| Title: | Authorized Signatory | ||
| Dated: | February 23, 2021 | ||
Accepted:
Blue Safari Group Acquisition Corp.
| Signed: | /s/Serena Shie | ||
| Name: | Serena Shie | ||
| Title: | Chief Financial Officer and Director | ||
| Dated: | February 23, 2021 | ||
