Subscription Agreement between Lionheart Equities, LLC and Lionheart III Corp for Common Stock Purchase
Lionheart Equities, LLC agrees to purchase 2,875,000 shares of common stock from Lionheart III Corp for $25,000. The agreement is subject to the company's Certificate of Incorporation and Bylaws. Lionheart III Corp will record Lionheart Equities, LLC as a shareholder. Both parties signed the agreement on January 27, 2021.
Exhibit 10.5
SUBSCRIPTION AGREEMENT
TO: The Directors of Lionheart III Corp (the “Company”).
We hereby subscribe for two million eight hundred seventy-five thousand (2,875,000) 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 Bylaws 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 27, 2021 | |
Accepted:
| LIONHEART III CORP | ||
| Signed: | /s/ Ophir Sternberg | |
| Name: | Ophir Sternberg | |
| Title: | Chairman, President and Chief Executive Officer | |
| Dated: | January 27, 2021 | |
