Exhibit 10.8


 


REPRESENTATIVE SHARE PURCHASE LETTER


 


March 16, 2021


 


To the Board of Directors of American Acquisition Opportunity
Inc.:


 


The undersigned, on behalf of itself and
the undersigned designees or permitted assignees, hereby offers to purchase an aggregate of 100,000 shares of Class B common stock
(“Shares”) of American Acquisition Opportunity Inc. (the “Company”) for an aggregate purchase price, and
total consideration, of $0.


 


The undersigned, on behalf of itself and
each of its designees or permitted assignees, represents and warrants that it has been advised that the Shares have not been registered
under the Securities Act of 1933, as amended (“Securities Act”); that it is acquiring the Shares for its account for
investment purposes only; that it has no present intention of selling or otherwise disposing of the Shares in violation of the
securities laws of the United States; that it is an “accredited investor” as defined by Rule 501 of Regulation D promulgated
under the Securities Act; and that it is familiar with the proposed business, management, financial condition and affairs of the
Company.


 


The undersigned, on behalf of itself and
each of the undersigned’s designees or permitted assignees, further agrees by its acceptance of the Shares (i) to waive its
redemption rights (or right to participate in any tender offer) with respect to the Shares in connection with the completion of
the Company’s initial acquisition, share exchange, share reconstruction and amalgamation with, purchase of all or substantially
all of the assets of, entry into contractual arrangements with, or engagement in any other similar business combination with one
or more businesses or entities (“Business Combination”) and (ii) to waive its rights to liquidating distributions from
the trust account to be established by the Company (“Trust Account”) in connection with its proposed initial public
offering (“IPO”) with respect to the Shares if the Company fails to complete its initial Business Combination within
12 months from the closing date of the IPO (or such later date as may be approved by the Company’s stockholders). The undersigned
also agrees by its acceptance of the Shares, that it will not: (a) sell, transfer, assign, pledge or hypothecate the Shares until
the completion of the Company’s initial Business Combination to anyone other than: (i) an underwriter or a selected dealer
participating in the IPO, or (ii) an officer, partner, registered person, or affiliate of the undersigned or of any such underwriter
or selected dealer, in each case in accordance with FINRA Conduct Rule 5110(e)(1), and (b) cause the Shares to be the subject of
any hedging, short sale, derivative, put or call transaction, until the completion of the Company’s initial Business Combination,
that would result in the effective economic disposition of the Shares, except as provided for in FINRA Rule 5110(e)(2).


  


	 	Very truly yours,
	 	 
	DESIGNEE	KINGSWOOD CAPITAL MARKETS, DIVISION OF BENCHMARK INVESTMENTS INC.
	 	 
	By:	/s/ JosephT. Rallo	 	By:	/s/ Sam Fleischman


	Name: 	Joseph T. Rallo	Name: 	Sam Fleischman

	Title:	Chief Executive Officer	Title:	Supervisory Principal

	 	 	 
	Number
of Shares: 36,000	Accepted and Agreed:
	 	 
	By:	/s/ Michael Nessman	 	AMERICAN ACQUISITION OPPORTUNITY INC.
	Name:	Benchmark Investments Inc.	 
	Title:	Chief Executive Officer	By:	/s/ Mark C. Jensen
	 	Name:	Mark C. Jensen
	By:	/s/ David W. Bora	 	Title:	Chief Executive Officer
	Name:	David W. Boral	 	 
	Title:	President	 	 
	 	 	 
	Number of Shares: 36,000