Item 1.01 Entry into a Material Definitive Agreement
On January 19, 2022, Sharing Economy International Inc (the "Company") and Pyram
LC Architecture Limited ("Pyram") entered into a Note Purchase Agreement,
whereby the Company issued a note to Pyram (the "Pyram Note") in the principal
amount of $23,603. The Pyram Note is a convertible into shares of the common
stock of the Company at a price equal to 70% of the average closing prices for
the Company's common stock during the ten (10) trading day period ending on the
latest complete trading day prior to the conversion date. The foregoing
description of the Share Exchange Agreement does not purport to be complete and
is qualified in its entirety by reference to the complete text of the Agreement
Pyram Note, which is incorporated herein by reference and attached hereto as
exhibit 10.1.
On January 20, 2022, Sharing Economy International Inc (the "Company") and Pyram
LC Architecture Limited ("Pyram") entered into a Note Purchase Agreement,
whereby the Company issued a note to Pyram (the "Pyram Note") in the principal
amount of $25,000. The Pyram Note is a convertible into shares of the common
stock of the Company at a price equal to 70% of the average closing prices for
the Company's common stock during the ten (10) trading day period ending on the
latest complete trading day prior to the conversion date. The foregoing
description of the Share Exchange Agreement does not purport to be complete and
is qualified in its entirety by reference to the complete text of the Agreement
Pyram Note, which is incorporated herein by reference and attached hereto as
exhibit 10.2.
On January 21, 2022, Sharing Economy International Inc (the "Company") and Pyram
LC Architecture Limited ("Pyram") entered into a Note Purchase Agreement,
whereby the Company issued a note to Pyram (the "Pyram Note") in the principal
amount of $19,232. The Pyram Note is a convertible into shares of the common
stock of the Company at a price equal to 70% of the average closing prices for
the Company's common stock during the ten (10) trading day period ending on the
latest complete trading day prior to the conversion date. The foregoing
description of the Share Exchange Agreement does not purport to be complete and
is qualified in its entirety by reference to the complete text of the Agreement
Pyram Note, which is incorporated herein by reference and attached hereto as
exhibit 10.3.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit
No. Description
10.1 Note Purchase Agreement dated January 19, 2022 by and between
Sharing Economy International Inc And Pyram LC Architecture Limited.
10.2 Note Purchase Agreement dated January 20, 2022 by and between
Sharing Economy International Inc And Pyram LC Architecture Limited.
10.3 Note Purchase Agreement dated January 21, 2022 by and between
Sharing Economy International Inc And Pyram LC Architecture Limited
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