Subscription Agreement between FG New America Investors II LLC and FG New America Acquisition II Corp.
FG New America Investors II LLC agrees to purchase 6,468,750 shares of common stock from FG New America Acquisition II Corp. for $25,000. The shares will be issued subject to the company's Certificate of Incorporation and By-laws. The agreement is effective as of February 3, 2021, and both parties have signed to confirm their acceptance of the terms.
Exhibit 10.8
SUBSCRIPTION AGREEMENT
| TO: | The Directors of FG New America Acquisition II Corp. (the “Company”). |
The undersigned hereby subscribes for 6,468,750 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: | FG New America Investors II LLC |
| Address: | Attn: Hassan R. Baqar, Manager |
| 105 S. Maple Street | |
| Itasca, IL 60143 | |
| Email: ***@*** |
FG NEW AMERICA INVESTORS II LLC
| Signed: | /s/ Hassan R. Baqar |
Name: Hassan R. Baqar
Title: Manager
| Dated: | February 3, 2021 |
Accepted:
FG NEW AMERICA ACQUISITION II CORP.
| Signed: | /s/ Larry G. Swets, Jr. |
Name: Larry G. Swets, Jr.
Title: Chief Executive Officer
| Dated: | February 3, 2021 |
