Subscription Agreement between Lionheart Equities, LLC and Lionheart IV Corp for Common Stock Purchase
Lionheart Equities, LLC agrees to purchase 7,187,500 shares of common stock from Lionheart IV Corp for $25,000. The agreement is subject to the company's Certificate of Incorporation and Bylaws. The shares will be registered in the name and address of Lionheart Equities, LLC. Both parties signed the agreement on January 27, 2021.
Exhibit 10.5
SUBSCRIPTION AGREEMENT
TO: The Directors of Lionheart IV Corp (the “Company”).
We hereby subscribe for seven million one hundred eighty-seven thousand five hundred (7,187,500) 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 IV CORP | ||
| Signed: | /s/ Ophir Sternberg | |
| Name: | Ophir Sternberg | |
| Title: | Chairman, President and Chief Executive Officer | |
| Dated: | January 27, 2021 | |
