Securities Subscription Agreement, dated March 5, 2021, between the Registrant and Sparta Management LLC

EX-10.5 13 nt10023126x1_ex10-5.htm EXHIBIT 10.5


Exhibit 10.5




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


The undersigned hereby subscribes for 2,875,000 shares of common stock, par value $0.0001 per share (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.


The undersigned agrees to take the Shares subject to the Certificate of Incorporation of the Company and authorizes you to enter the following name and address in the stockholder ledger of the Company:


  Name: Sparta Management LLC


Address: 2537 Research Boulevard, Suite 201
    Fort Collins, CO 80526


Sparta Management LLC


Signed: /s/ Michael K. Handley  
 Name: Michael K. Handley  
Title: Managing Member  

Dated: March 5, 2021




Sparta Healthcare Acquisition Corp.


Signed: /s/ Michael K. Handley
Name: Michael K. Handley  
Title: Chairman, Chief Executive Officer and President  

Dated: March 5, 2021