Subscription Agreement between Phoenix Acquisition Limited and Initial Shareholders

Contract Categories: Business Finance › Subscription Agreements
Summary

This agreement is between Phoenix Acquisition Limited and its initial shareholders. It documents the shareholders' application to purchase a specified number of ordinary shares in the company for a stated amount in U.S. dollars. The agreement sets out the intent to subscribe for shares and provides the necessary details for the transaction. It is a standard step in the process of issuing shares to founding or early investors.

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EX-10.7 13 fs12021a1ex10-7_phoenixacq.htm FORM OF SUBSCRIPTION AGREEMENT BY AND AMONG THE REGISTRANT AND INITIAL SHAREHOLDERS

Exhibit 10.7

 

SUBSCRIPTION OF SHARE(S)

 

Date [___], 2021

 

TO : The Board of Director(s)
  Phoenix Acquisition Limited
  British Virgin Islands

 

Dear Sir,

 

We hereby apply for ______ ordinary share(s) for USD$____ in the capital of your Company.

 

Yours faithfully,

For and on behalf of

 

   
[Name]  

 

  Address: Corporate Registrations Limited, Sea Meadow House, Blackburne Highway, P.O. Box 116, Road Town, Tortola, BVI

 

  Occupation: Corporation