Subscription Agreement between Lionheart Equities, LLC and Lionheart Acquisition Corp.

Contract Categories: Business Finance › Subscription Agreements
Summary

Lionheart Equities, LLC agrees to purchase 5,000,000 shares of common stock from Lionheart Acquisition Corp. for $25,000. The agreement is subject to the company's Certificate of Incorporation and By-laws. The shares will be registered in the name and address provided by Lionheart Equities, LLC. Both parties signed the agreement on January 10, 2020.

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EX-10.5 18 tm207455d8_ex10-5.htm EXHIBIT 10.5

Exhibit 10.5

 

SUBSCRIPTION AGREEMENT

 

 

TO: The Directors of Lionheart Acquisition Corp. (the “Company”).

 

We hereby subscribe for five million (5,000,000) shares (the “Shares”) of common stock of the Company. In consideration for the issue of the shares, we hereby agree and undertake to pay $25,000.00 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 stockholder ledger of the Company:

 

Name: Lionheart Equities, LLC

Address: 4218 NE 2nd Avenue, Miami, FL 33137

 

 

LIONHEART EQUITIES, LLC

 

 

Signed: /s/ Ophir Sternberg  
Name: Ophir Sternberg
Title: Manager

 

Dated: January 10, 2020

 

 

Accepted:

 

LIONHEART ACQUISITION CORP.

 

 

Signed: /s/ Ophir Sternberg  
Name: Ophir Sternberg
Title: Chief Executive Officer and President

 

 

Dated: January 10, 2020