Leo Motors Inc. (fka LEOM)

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Also from SEC filings

Also on March 31, 2015, the Company entered into Cash Investment Agreements (the “Investment Agreements”) with two non-United States investors (the “Investors”), pursuant to which the Company sold an aggregate of 2,702,703 shares of the Company’s common stock to the Investors for an aggregate purchase price of 300,000,000 Korean Won.



Also on March 31, 2015, the Company entered into a Securities Purchase Agreement (the “SPA”) with a non-United States accredited investor (the “SPA Investor”) pursuant to which the Company issued to the SPA Investor a (i) convertible promissory note (the “Note”) in the principal amount of $90,424 (the “Principal Amount”), (ii) warrants (the “Warrants”) to purchase shares of the Company’s common stock up to the amount of shares equal to (x) the Principal Amount, divided by, (y) $0.10.


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