Document:

Exhibit
10.5

 

[●], 2021

 

Roth CH Acquisition IV Co.

888 San Clemente Drive, Suite 400

Newport Beach, CA 92660

 

Ladies and Gentlemen:

 

Roth CH Acquisition IV Co. (the
 “Company”), a blank check company formed for the purpose of acquiring one or more businesses or entities (a “Business
Combination”), intends to register its securities under the Securities Act of 1933, as amended (“Securities Act”), in
connection with its initial public offering (“IPO”), pursuant to a registration statement on Form S-1 (“Registration
Statement”).

 

Each of the undersigned (each
a “Purchaser” and collectively the “Purchasers”) hereby commits that it will purchase the number of units, as
set forth opposite their respective name in Exhibit A attached hereto (the “Private Units”), each Private Unit
consisting of one share of common stock of the Company, $0.0001 par value (the “Common Stock”), and one-half of one warrant
with each whole warrant entitling its holder to purchase one share of Common Stock (the “Warrants”), at $10.00 per Private
Unit, for an aggregate purchase price of $4,240,000 (the “Private Unit Purchase Price”).

 

The Purchasers hereby agree
that they will purchase an additional amount of units of the Company, which amount is set forth opposite each Purchaser’s respective
name in Exhibit A attached hereto (“Over-Allotment Units”), or an aggregate maximum purchase price of $375,000
(“Over-Allotment Unit Purchase Price”, together with the Private Unit Purchase Price, the “Purchase Price”), in
the event Roth Capital Partners, LLC and Craig-Hallum Capital Group LLC (collectively, the “Underwriters”) exercise the over-allotment
option, such that the amount held in the trust account (as described in the Registration Statement, the “Trust Account”) does
not fall below $10.00 per share for each share of Common Stock sold in the IPO.

 

At least twenty-four (24) hours
prior to the pricing of the IPO, each Purchaser will cause the applicable Private Unit Purchase Price to be delivered to an escrow account
maintained by Loeb & Loeb LLP, as escrow agent (“Loeb”) in accordance with the wire instructions set forth in Exhibit
B attached hereto.

 

The consummation of the purchase
and issuance of the Private Units shall occur simultaneously with the consummation of the IPO and the consummation of the purchase and
issuance of the Over-Allotment Units shall occur simultaneously with the closing of any exercise of the over-allotment option related
to the IPO. Simultaneously with or prior to the consummation of the IPO, Loeb shall deposit the Private Unit Purchase Price, without interest
or deduction, into the trust fund (“Trust Fund”) established by the Company for the benefit of the Company’s public
shareholders as described in the Registration Statement.

 

The Company and each Purchaser
acknowledges and agrees that Loeb is serving hereunder solely as a convenience to the parties to facilitate the purchase of the Private
Units and Loeb’s sole obligation under this letter agreement is to act with respect to holding and disbursing the Purchase Price
for the Private Units as described above. Loeb shall not be liable to the Company, the Underwriters or any Purchaser or any other person
or entity in respect of any act or failure to act hereunder or otherwise in connection with performing its services hereunder unless Loeb
has acted in a manner constituting gross negligence or willful misconduct. The Company and each Purchaser shall indemnify Loeb against
any claim made against it (including reasonable attorney’s fees) by reason of it acting or failing to act in connection with this
letter agreement except as a result of its gross negligence or willful misconduct. Loeb may rely and shall be protected in acting or refraining
from acting upon any written notice, instruction or request furnished to it hereunder and believed by it to be genuine and to have been
signed or presented by the proper party or parties.

 

The Private Units and Over-Allotment
Units will be identical to the units to be sold by the Company in the IPO. Additionally, each Purchaser agrees:

 

	 	·	to vote the shares of Common Stock included in the Private Units and Over-Allotment Units in favor of any proposed Business Combination;

 

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	 	·	that as long as the Warrants underlying the Private Units and Over-Allotment Units are held by the Purchasers or their designees or affiliates, they may not be exercised after five years from the effective date of the Registration Statement;
	 	 	 
	 	·	not to propose, or vote in favor of, an amendment to the Company’s Amended and Restated Certificate of Incorporation that would affect the substance or timing of the Company’s obligation to redeem 100% of the Company’s shares of Common Stock sold in the IPO if the Company does not complete an initial Business Combination within 18 months from the closing of the IPO, unless the Company provides the holders of shares of Common Stock sold in the IPO with the opportunity to redeem their shares of Common Stock upon approval of any such amendment at a per-share price, payable in cash, equal to the aggregate amount of the Trust Fund, including interest earned on Trust Fund and not previously released to the Company to pay the Company’s franchise and income taxes, divided by the number of then outstanding shares of Common Stock sold in the IPO;

  

	 	·	not to convert any shares of Common Stock included in the Private Units and Over-Allotment Units into the right to receive cash from the Trust Fund in connection with a shareholder vote to approve either a Business Combination or an amendment to the provisions of the Company’s Amended and Restated Certificate of Incorporation, and not to tender any shares of Common Stock included in the Private Units and Over-Allotment Units in connection with a tender offer conducted prior to the closing of a Business Combination;

 

	 	·	that the Purchasers will not participate in any liquidation distribution with respect to the Private Units and Over-Allotment Units or any underlying securities (but will participate in liquidation distributions with respect to any units or shares of Common Stock purchased by the Purchasers in the IPO or in the open market) if the Company fails to consummate a Business Combination;

 

	 	·	that the Private Units, Over-Allotment Units and underlying securities will not be transferable until after the consummation of a Business Combination except (i) to the Company’s pre-IPO shareholders, or to the Company’s officers, directors, advisors and employees, (ii) transfers to the Purchasers’ affiliates or their members upon their liquidation, (iii) to relatives and trusts for estate planning purposes, (iv) by virtue of the laws of descent and distribution upon death, (v) pursuant to a qualified domestic relations order, (vi) by private sales made in connection with the consummation of a Business Combination at prices no greater than the price at which the Private Units were originally purchased or (vii) to the Company for cancellation in connection with the consummation of a Business Combination, in each case (except for clause vii) where the transferee agrees to the terms of the transfer restrictions; and

 

	 	·	the Private Units and Over-Allotment Units will include any additional terms or restrictions as is customary in other similarly structured blank check company offerings or as may be reasonably required by the underwriters in the IPO in order to consummate the IPO, each of which will be set forth in the Registration Statement.

 

Each of the Purchasers acknowledges
and agrees that they will execute agreements in form and substance typical for transactions of this nature necessary to effectuate the
foregoing agreements and obligations prior to the consummation of the IPO as are reasonably acceptable to the Purchasers, including but
not limited to an insider letter.

 

Each of the Purchasers
listed under the caption “Underwriters and Related Persons” on Exhibit A attached hereto further
acknowledges and agrees that the Private Units and their component parts and the related registration rights will be deemed
compensation by the Financial Industry Regulatory Authority (“FINRA”) and will therefore, pursuant to Rule 5110(e)
of the FINRA Manual, be subject to lock-up for a period of 360 days immediately following the date of effectiveness or commencement
of sales in the IPO, subject to FINRA Rule 5110(e)(2). Additionally, the Private Units and their component parts and the related
registration rights held by the Purchasers listed under the caption “Underwriters and Related Persons” on Exhibit
A attached hereto may not be sold, transferred, assigned, pledged or hypothecated during the foregoing 360 day period
following the effective date of the Registration Statement except to any underwriter or selected dealer participating in the IPO and
the bona fide officers or partners of the applicable Purchaser and any such participating underwriter or selected dealer.
Additionally, the Private Units and their component parts and the related registration rights held by the Purchasers listed under
the caption “Underwriters and Related Persons” on Exhibit A attached hereto will not be the subject of any
hedging, short sale, derivative, put or call transaction that would result in the economic disposition of such securities by any
person for a period of 360 days immediately following the date of effectiveness or commencement of sales in the IPO. Additionally,
each Purchaser listed under the caption “Underwriters and Related Persons” on Exhibit A attached hereto
may not exercise demand or piggyback rights with respect to the Private Units and their components parts after five (5) and seven
(7) years, respectively, from the effective date of the Registration Statement and may not exercise demand rights on more than one
occasion, all in accordance with FINRA Rule 5110.05.

 

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Each of the Purchasers hereby
represents and warrants that:

 

	 	(a)	it has been advised that the Private Units and Over-Allotment Units have not been registered under the Securities Act;

 

	 	(b)	it will be acquiring the Private Units and Over-Allotment Units for its account for investment purposes only;

 

	 	(c)	it has no present intention of selling or otherwise disposing of the Private Units and Over-Allotment Units in violation of the securities laws of the United States;

 

	 	(d)	it is an “accredited investor” as defined by Rule 501 of Regulation D promulgated under the Securities Act of 1933, as amended;

 

	 	(e)	it has had both the opportunity to ask questions and receive answers from the officers and directors of the Company and all persons acting on its behalf concerning the terms and conditions of the offer made hereunder;

 

	 	(f)	it is familiar with the proposed business, management, financial condition and affairs of the Company;

 

	 	(g)	it has full power, authority and legal capacity to execute and deliver this letter and any documents contemplated herein or needed to consummate the transactions contemplated in this letter; and

 

	 	(h)	this letter constitutes its legal, valid and binding obligation, and is enforceable against it.

 

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This letter agreement constitutes
the entire agreement between the Purchaser and the Company with respect to the purchase of the Private Units and Over-Allotment Units,
and supersedes all prior and contemporaneous understandings, agreements, representations and warranties, both written and oral, with respect
to the same.

 

	Very truly yours,
	 

	 	PURCHASERS
	 	 
	 	CR Financial Holdings, Inc.
	 	 
	 	By:	 
	 	 	Name: Byron Roth
	 	 	Title:   Chief Executive Officer
	 	 
	 	CHLM Sponsor LLC
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 
	 	Byron Roth
	 	 
	 	Gordon Roth
	 	 
	 	Aaron Gurewitz, as Trustee of the
    AMG Trust established January 23, 2007
	 	 
	 	Andrew Costa
	 	 
	 	Matthew Day
	 	 
	 	Theodore Roth
	 	 
	 	John Lipman

 

     

     

    

 

	 	 
	 	Nazan Akdeniz
	 	 
	 	Louis J. Ellis III
	 	 
	 	Molly Montgomery
	 	 
	 	Hampstead Park Capital Management,
    LLC
	 	 
	 	By:	 
	 	 	Name: Daniel M. Friedberg
	 	 	Title:   Managing Member
	 	 
	 	Adam Rothstein
	 	 
	 	Sam Chawla

 

	Accepted and Agreed:	 
	 	 
	ROTH CH ACQUISITION IV CO.	 
	 	 
	By:	 	 
	 	Name: Byron Roth	 
	 	Title:   Co-Chief Executive Officer	 

 

     

     

    

 

Exhibit A 

 

	Purchaser	 	Number 
 of Private Units	 	 	Number of
 Over-Allotment Units	 	 	Total
 (w/ OA)	 
	Underwriters and Related Persons	 	 	 	 	 	 	 	 	 	 	 	 
	CR Financial Holdings, Inc.	 	 	96,901	 	 	 	8,571	 	 	 	105,472	 
	CHLM Sponsor LLC	 	 	101,802	 	 	 	9,004	 	 	 	110,806	 
	Byron Roth	 	 	61,076	 	 	 	5,401	 	 	 	66,477	 
	Gordon Roth	 	 	12,557	 	 	 	1,110	 	 	 	13,667	 
	Aaron Gurewitz, as Trustee of the AMG Trust established January 23, 2007	 	 	16,315	 	 	 	1,443	 	 	 	17,758	 
	Theodore Roth	 	 	7,175	 	 	 	635	 	 	 	7,810	 
	John Lipman	 	 	101,802	 	 	 	9,004	 	 	 	110,806	 
	Nazan Akdeniz	 	 	854	 	 	 	76	 	 	 	930	 
	Louis J. Ellis III	 	 	854	 	 	 	76	 	 	 	930	 
	Andrew Costa	 	 	2,624	 	 	 	232	 	 	 	2,856	 
	Matthew Day	 	 	5,248	 	 	 	464	 	 	 	5,712	 
	Independent Directors	 	 	 	 	 	 	 	 	 	 	 	 
	Molly Montgomery	 	 	4,198	 	 	 	371	 	 	 	4,569	 
	Hampstead Park Capital Management, LLC (Dan Friedberg)	 	 	4,198	 	 	 	371	 	 	 	4,569	 
	Adam Rothstein	 	 	4,198	 	 	 	371	 	 	 	4,569	 
	Sam Chawla	 	 	4,198	 	 	 	371	 	 	 	4,569	 

 

     

     

    

 

Exhibit B

 

Wire Instructions

 

Bank Name: Citigroup Private Bank

 

Bank Address: 153 East 53rd Street New York, NY 10022

 

Account Name: Loeb & Loeb LLP - Trust Account

 

Account Number: ********

 

Routing/ABA Number (Domestic Wires): *********

 

Swift Code (Foreign Wire): CITIUS33

 

Reference: Roth CH Acquisition IV Co.Document

Exhibit 10.1

SHARE PURCHASE AGREEMENT
THIS SHARE PURCHASE AGREEMENT (this “Agreement”), dated as of August 2, 2021, by and between ROIVANT SCIENCES LTD. (the “Investor”), a Bermuda exempted limited company, and IMMUNOVANT, INC. (the “Company”), a Delaware corporation. The Investor and the Company are collectively referred to as the “Parties.”
WHEREAS, the Investor wishes to purchase from the Company, and the Company wishes to issue and sell to the Investor, 17,021,276 shares of the Company’s common stock, par value $0.0001 per share (the “Common Shares”), for an aggregate purchase price of $200,000,000, at a per share price equal to the Price Per Share (as defined below), under the terms and conditions of this Agreement; and
WHEREAS, each of the Parties wishes to set forth in this Agreement certain terms and conditions regarding, among other things, the Investor’s ownership of the Common Shares being purchased hereby.
NOW, THEREFORE, in consideration of the following mutual promises and obligations, and for good and valuable consideration the adequacy and sufficiency of which are hereby acknowledged, the Parties agree as follows:
ARTICLE 1
DEFINITIONS
When used in this Agreement, the following terms shall have the respective meanings specified therefor below:
“Business Day” shall mean any day other than a Saturday or Sunday or a day on which banks located in New York, New York or Bermuda are authorized or required by law to close.
“Exchange Act” means the U.S. Securities Exchange Act of 1934, as amended.
“Governmental Entity” shall mean any U.S., non-U.S. or supranational or transnational governmental, regulatory, self-regulatory or quasi-governmental authority, entity, agency, commission, body, department or instrumentality or any court, tribunal or arbitrator or other legislative, executive or judicial governmental entity or political subdivision thereof.
“Material Adverse Effect” shall mean any events, occurrences or circumstances which have had or would reasonably be expected to have, individually or in the aggregate, a material adverse effect on (i) the business, financial condition or results of operations of the Company and its Subsidiaries, taken as a whole, or (ii) the ability of the Company to consummate the transactions contemplated by this Agreement.
“Person” shall mean and include an individual, a partnership, a joint venture, a corporation, a limited liability company, a limited liability partnership, a trust, an incorporated organization and a Governmental Entity.
“SEC” shall mean the U.S. Securities Exchange and Commission or any successor agency thereto.
“Securities Act” shall mean the U.S. Securities Act of 1933, as amended.
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“Subsidiary” means, with respect to any Person, any other Person of which at least a majority of the securities or ownership interests having by their terms ordinary voting power to elect a majority of the board of directors or other persons performing similar functions is directly or indirectly owned or controlled by such Person or by one or more of its Subsidiaries; provided, however, that the Company and its Subsidiaries will be deemed to not be Subsidiaries of the Investor for any purpose hereunder, unless otherwise expressly stated.
ARTICLE 2
PURCHASE AND SALE OF COMMON SHARES
Section 2.01.Issuance of Common Shares. Subject to the terms and conditions hereof, on the Closing (as defined below), the Company agrees to issue and sell to the Investor, and the Investor agrees to purchase, 17,021,276 Common Shares (the “Purchased Shares”) for an aggregate purchase price of $200,000,000 (the “Purchase Price”) representing a per share price of $11.75 (the “Price Per Share”).
Section 2.02.Closing. The purchase and sale of the Purchased Shares (the “Closing”) shall occur no later than such date that is one (1) Business Day following the date hereof remotely by the exchange of documents and signatures (or their electronic counterparts) or at such place, time or date as shall be determined by agreement between the Company and the Investor.
Section 2.03.Delivery.  At the Closing, the Company shall deliver to the Investor a copy of an account statement issued by the Company’s transfer agent evidencing a book entry notification for the Purchased Shares in the name of the Investor, against payment in full by the Investor of the Purchase Price.
(b)At the Closing, the Investor shall deliver to the Company payment of the Purchase Price by wire transfer of immediately available funds to a bank account designated in writing by the Company to the Investor prior to the Closing.
ARTICLE 3
REPRESENTATIONS AND WARRANTIES OF THE COMPANY
The Company hereby represents and warrants to the Investor as follows:
Section 3.01.Organization, Good Standing and Qualification. The Company (a) is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and (b) has all requisite corporate power and corporate authority to own and operate its properties and assets, to carry on its business as now conducted, to enter into this Agreement, to issue and sell the Purchased Shares and to carry out the other transactions contemplated under this Agreement, except, in the case of subsection (b), as would not reasonably be expected to (i) be material to the Company and its Subsidiaries, taken as a whole, or (ii) prohibit, prevent, materially delay or have a material adverse effect on the sale of the Purchased Shares or the other transactions contemplated under this Agreement. The Company’s Certificate of Incorporation and Bylaws, as filed with the SEC (together, the “Organizational Documents”), are true, correct and complete copies of said documents as amended and in effect on the date hereof and the Company is not in material breach thereof.
Section 3.02.Authorization. All corporate actions and approvals on the part of the Company and its directors and shareholders necessary for the authorization, execution and delivery of this Agreement, the performance of all obligations of the Company hereunder, 
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including the authorization, issuance and delivery of the Purchased Shares, has been taken. This Agreement has been duly executed and delivered by the Company and constitutes valid and legally binding obligations of the Company, enforceable against the Company in accordance with its respective terms (except as such enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or other laws of general application relating to or affecting enforcement of creditors’ rights (the “Enforceability Exceptions”)).
Section 3.03.No Conflicts. The execution, delivery and performance of this Agreement and compliance with the provisions hereof by the Company does not and shall not:  violate any provision of law, statute, ordinance, rule or regulation or any ruling, writ, injunction, order, judgment or decree of any Governmental Entity,  conflict with or result in any breach of any of the terms, conditions or provisions of, or constitute (whether or not with due notice or lapse of time, or both) a default (or give rise to any right of termination, cancellation or acceleration) or result in the creation of any lien, security interest, charge or encumbrance upon any of the properties or assets of the Company pursuant to any agreement, document, instrument, contract, understanding, arrangement, note, indenture, mortgage, lease or permit to which the Company is a party, or under which the Company or any of its assets is bound or affected, or  violate or conflict with any of the provisions of the Organizational Documents; except, in the case of subsections (a) and (b), as would not have a Material Adverse Effect.
Section 3.04.Valid Issuance of Purchased Shares. When issued, sold and delivered in accordance with the terms hereof for the consideration expressed herein, the Purchased Shares shall be validly issued and outstanding, fully paid and nonassessable, issued in compliance with and free of preemptive rights, rights of first refusal or other similar rights and, assuming the accuracy of Investor’s representations and warranties set forth in Sections 4.03 and 4.04, free from any encumbrances or restrictions on transfer, including preemptive rights, rights of first refusal or other similar rights, other than restrictions on transfer under this Agreement and under federal and state securities laws.
Section 3.05.Governmental Consents. Assuming the accuracy of the representations of the Investor set forth herein, no consent, approval, order or authorization of, or registration, qualification, designation, declaration or filing with, any Governmental Entity (collectively, the “Consents”) is required in connection with the consummation of the transactions contemplated by this Agreement, except for (a) registration or qualification, or taking such action to secure exemption from such registration or qualification, of the Purchased Shares under applicable state or federal securities laws, (b) the submission of a listing of additional shares notification to The Nasdaq Stock Market LLC (“Nasdaq”), (c) any filings required to be made under the Exchange Act, (d) Consents that have been obtained prior to the date of this Agreement and (e) any Consent the failure of which to be obtained or made, individually or in the aggregate, would not reasonably be expected to (i) be material to the Company and its Subsidiaries, taken as a whole or (ii) prohibit, prevent, materially delay or have a material adverse effect on the sale of the Purchased Shares or the other transactions contemplated under this Agreement.
Section 3.06.Offering. Subject to the accuracy of the Investor’s representations set forth in Sections 4.03 and 4.04, the offer, sale and issuance of the Purchased Shares to be issued in conformity with the terms of this Agreement constitute transactions which are exempt (a) from the registration requirements of the Securities Act and (b) from all applicable state registration or qualification requirements (in the case of this clause (b), other than those with which the Company has complied).
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Section 3.07.Brokers’, Finders’ and Other Fees. No broker, finder, investment banker, advisor or other Person is entitled to, or has been or will be paid, any brokerage, finders’ or other premium, fee or commission (whether fixed, contingent, discretionary or otherwise) in connection with the transactions contemplated by this Agreement whose fees the Investor, the Company, any of the Company’s Subsidiaries or any of their respective affiliates would be required to pay.
ARTICLE 4
REPRESENTATIONS AND WARRANTIES OF THE INVESTOR
The Investor hereby represents and warrants as follows:
Section 4.01.Organization; Good Standing. The Investor is a corporation duly organized, validly existing and in good standing under the laws of Bermuda. The Investor has all requisite corporate power and corporate authority to enter into this Agreement, to purchase the Purchased Shares and to carry out the other transactions contemplated under this Agreement, except where the failure to have such power or authority would not reasonably be expected to prohibit, prevent, materially delay or have a material adverse effect on the purchase of the Purchased Shares or the other transactions contemplated under this Agreement.
Section 4.02.Authorization. All corporate actions and approvals on the part of the Investor and its directors and shareholders necessary for the authorization, execution and delivery of this Agreement, the performance of all obligations of the Investor hereunder, including the subscription for and purchase of the Purchased Shares, has been taken. This Agreement has been duly executed and delivered by the Investor and constitutes a valid and legally binding obligation of the Investor, enforceable against the Investor in accordance with its terms (except as such enforceability may be limited by the Enforceability Exceptions).
Section 4.03.No Conflicts. The execution, delivery and performance of this Agreement and compliance with the provisions hereof by the Investor does not and shall not:  violate any provision of law, statute, ordinance, rule or regulation or any ruling, writ, injunction, order, judgment or decree of any Governmental Entity,  conflict with or result in any breach of any of the terms, conditions or provisions of, or constitute (whether or not with due notice or lapse of time, or both) a default (or give rise to any right of termination, cancellation or acceleration) or result in the creation of any lien, security interest, charge or encumbrance upon any of the properties or assets of the Investor pursuant to any agreement, document, instrument, contract, understanding, arrangement, note, indenture, mortgage, lease or permit to which the Investor is a party, or under which the Investor or any of its assets is bound or affected, or  violate or conflict with any of the provisions of the organizational documents of the Investor; except, in the case of subsections (a) and (b), as would not reasonably be expected to prohibit, prevent, materially delay or have a material adverse effect on the purchase of the Purchased Shares or the other transactions contemplated under this Agreement.
Section 4.04.Governmental Consents. Assuming the accuracy of the representations of the Company set forth herein, no Consent is required in connection with the consummation of the transactions contemplated by this Agreement, except for any Consent the failure of which to be obtained or made, individually or in the aggregate, would not reasonably be expected to prohibit, prevent, materially delay or have a material adverse effect on the purchase of the Purchased Shares or the other transactions contemplated under this Agreement.
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Section 4.05.Sufficient Funds. The Investor has cash in immediately available U.S. dollar funds in excess of the Purchase Price plus all other amounts payable by the Investor hereunder, to the extent applicable.
Section 4.06.Purchase Entirely for Own Account. The Purchased Shares shall be acquired for investment for the Investor’s own account, not as a nominee or agent, and not with a view to the resale or distribution of any part thereof in violation of any federal or state securities or “blue sky” law, and the Investor has no present intention of selling, granting any participation, or otherwise distributing the Purchased Shares in violation of the Securities Act.
Section 4.07.Investment Experience and Accredited Investor Status. The Investor is knowledgeable, sophisticated and experienced in making, and is qualified to make, decisions with respect to investments in shares representing an investment decision like that involved in the purchase of the Purchased Shares. The Investor is an “accredited investor” (as defined in Rule 501 of Regulation D under the Securities Act). The Investor has not taken any of the actions set forth in, and is not subject to, the disqualification provisions of Rule 506(d)(1) of the Securities Act. The Investor did not learn of the investment in the Shares as a result of any general solicitation or general advertising. The Investor acknowledges that: (a) it has conducted its own investigation of the Company and the terms of the Purchased Shares; (b) it has had access to the Company’s public filings with the SEC and to such financial and other information as it deems necessary to make its decision to purchase the Purchased Shares; and (c) has been offered the opportunity to conduct such review and analysis of the business, assets, condition, operations and prospects of the Company and its Subsidiaries and to ask questions of the Company, each as it deemed necessary in connection with the decision to purchase the Purchased Shares. The Investor further acknowledges that it has had such opportunity to consult with its own counsel, financial and tax advisors and other professional advisers as it believes is sufficient for purposes of the purchase of the Purchased Shares.
Section 4.08.Restricted Stock. The Investor understands that the Purchased Shares, when issued, shall be restricted securities under the federal securities laws inasmuch as they are being acquired from the Company in a transaction not involving a public offering and that under such laws and applicable regulations the Purchased Shares may be resold without registration under the Securities Act only in certain limited circumstances. It is understood that the certificates representing the Purchased Shares or the book entry notations evidencing the Purchased Shares shall bear the following legend:
“These securities have not been registered under the Securities Act of 1933 (the “Securities Act”). They may not be sold, offered for sale, pledged or hypothecated in the absence of a registration statement in effect with respect to the securities under the Securities Act or an opinion of that such registration is not required or unless sold pursuant to Rule 144 of the Securities Act or a registration statement thereunder.”
Section 4.09.No Additional Representations. 
(a)The Investor acknowledges that the Company does not make any representation or warranty as to any matter whatsoever except as expressly set forth in Article 3, and specifically (but without limiting the generality of the foregoing), that, except as expressly set forth in Article 3, the Company makes no representation or warranty with respect to (i) any matters relating to the Company or its Subsidiaries or their respective business, financial condition, results of 
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operations, prospects or otherwise, (ii) any projections, estimates or budgets delivered or made available to the Investor (or any of its affiliates, officers, directors, employees or other representatives), including with respect to future revenues, results of operations (or any component thereof), cash flows or financial condition (or any component thereof) of the Company and its Subsidiaries, or (iii) the future business and operations of the Company and its Subsidiaries, and the Investor has not relied on or been induced by such information or any other representations or warranties (whether express or implied or made orally or in writing) not expressly set forth in Article 3. 
(b)The Investor acknowledges and agrees that, except for the representations and warranties expressly set forth in Article 3, (i) no person has been authorized by the Company or any of its Subsidiaries to make any representation or warranty relating to the Company or its business or otherwise in connection with the transactions contemplated by this Agreement, and if made, such representation or warranty shall not be relied upon by the Investor as having been authorized by the Company or any of its Subsidiaries, and (ii) any estimates, projections, predictions, data, financial information, memoranda, presentations or any other materials or information provided or addressed to the Investor or any of its affiliates or representatives are not and shall not be deemed to be or include representations or warranties of the Company unless any such materials or information are the subject of any express representation or warranty set forth in Article 3.
ARTICLE 5
COVENANTS
Section 5.01.Publicity and SEC Filings. 
(a)The initial press release regarding the issuance and sale of the Purchased Shares and the other transactions contemplated under this Agreement shall be a joint press release in the form heretofore agreed to by the Parties. Following the release of such initial press release, the Company and the Investor shall consult with each other prior to (i) issuing any press releases or otherwise making public announcements, disclosures or communications or (ii) making any filings, furnishings or submissions of documents with or to any third party or any Governmental Entity (including any national securities exchange or interdealer quotation service), in each case, with respect to the issuance and sale of the Purchased Shares and the other transactions contemplated under this Agreement and, in each case, except as may be required by applicable law or regulation or by obligations pursuant to any listing agreement with or rules of any national securities exchange or interdealer quotation service, by the request of any Governmental Entity, in which case the Party making the disclosure shall give the other Party reasonable opportunity to review and comment upon such disclosure or communication to the extent reasonably practicable and legally permitted; provided that no prior consultation with the other Party or opportunity for the other Party to review and comment shall be required for a Party’s disclosures or communications in response to a routine inquiry of a Governmental Entity. Notwithstanding the foregoing, the Company and the Investor each may, without such consultation or consent, make such disclosures and communications (a) in response to inquiries from the press or analysts, or via presentations, publicly available conference calls and other forums to employees, customers, suppliers and investors to the extent such communications are consistent in substance with 
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previous public communications that have been reviewed and previously approved by both the Company and the Investor or (b) in connection with any dispute between the Parties regarding this Agreement, the issuance and sale of the Purchased Shares or any of the other transactions contemplated under this Agreement. 
(b)The Investor shall provide the Company and its representatives with a copy of the amendment to its Schedule 13D prior to its filing with the SEC on the date of public announcement of this Agreement, and shall consider any comments of the Company and its representatives.
Section 5.02.Registration Rights. The Parties acknowledge and agree that, as between the Parties, the Purchased Shares shall be deemed to be “Registrable Securities” for all purposes of the Amended and Restated Registration Rights Agreement, dated as of September 29, 2019, including the Investor’s rights thereunder with respect to Registrable Securities. 
ARTICLE 6
MISCELLANEOUS
Section 6.01.    Further Assurances. The Parties agree to take such reasonable steps and execute such other and further documents as may be necessary or appropriate to cause the terms and conditions contained herein to be carried into effect.
Section 6.02.    Successors and Assigns. Except as otherwise expressly provided herein, the terms and conditions of this Agreement shall inure to the benefit of and be binding upon the respective successors and assigns of the Parties. This Agreement and the rights and duties of each Party set forth herein may not be assigned, in whole or in part, by such Party without the prior written consent of the other Party.
Section 6.03.    Entire Agreement. This Agreement (including the exhibits hereto) contains the complete understanding of the Parties with respect to the subject matter hereof and supersedes all prior understandings and writings relating to the subject matter hereof.
Section 6.04.    Governing Law; Submission to Jurisdiction. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to conflict of laws principles. Each of the Parties irrevocably submits to the exclusive jurisdiction of the Delaware Court of Chancery and any state appellate court therefrom within the State of Delaware (or, solely if the Delaware Court of Chancery declines to accept jurisdiction over a particular matter, any state or federal court within the State of Delaware), for the purposes of any suit, action or other proceeding arising out of this Agreement or any transaction contemplated hereby. To the fullest extent they may effectively do so under applicable law, the Parties hereto irrevocably waive and agree not to assert, by way of motion, as a defense or otherwise, any claim that they are not subject to the jurisdiction of any such court, any objection that they may now or hereafter have to the laying of the venue of any such suit, action or proceeding brought in any such court and any claim that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum.
Section 6.05.    WAIVER OF JURY TRIAL. EACH OF THE PARTIES HERETO HEREBY WAIVES TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY WITH RESPECT TO ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS AGREEMENT. EACH OF THE PARTIES HERETO HEREBY 
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(A) CERTIFIES THAT NO REPRESENTATIVE, AGENT OR ATTORNEY OF THE OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT, AS APPLICABLE, BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION.
Section 6.06.    Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed an original but which together shall constitute one and the same instrument.
Section 6.07.    Titles and Subtitles. The titles and subtitles used in this Agreement are used for convenience only and are not to be considered in construing or interpreting this Agreement.
Section 6.08.    Notices. All notices, instructions and other communications hereunder or in connection herewith shall be in writing, shall be sent to the address of the relevant party set forth below and shall be  delivered personally,  sent by registered or certified mail, return receipt requested, postage prepaid,  sent via a reputable nationwide overnight courier service, or  sent by email transmission, with a confirmation copy to be sent by registered or certified mail, return receipt requested, postage prepaid. Any such notice, instruction or communication shall be deemed to have been delivered upon receipt if delivered by hand, three (3) Business Days after it is sent by registered or certified mail, return receipt requested, postage prepaid, one (1) Business Day after it is sent via a reputable nationwide overnight courier service, or when transmitted and receipt is confirmed, if transmitted by email (if such transmission is on a Business Day; or otherwise, on the next Business Day following such transmission). Either party may change its address by giving notice to the other party in the manner provided above.
To the Company:    Immunovant, Inc.
320 West 37th Street
New York, NY 10018
Attention:    Pete Salzmann
Email: pete.salzmann@immunovant.com

With a copy to (which    Cooley LLP
shall not constitute    3175 Hanover Street
notice to the Company):    Palo Alto, CA 94304
Attention:    John McKenna
    Email:    jmckenna@cooley.com

And with another copy to    Wachtell, Lipton, Rosen & Katz
(which shall not constitute    51 West 52nd Street
notice to the Company):    New York, NY 10019
Attention:    Mark Gordon
        Alison Z. Preiss
    Email:    MGordon@wlrk.com
        AZPreiss@wlrk.com 

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To the Investor:    Roivant Sciences Ltd.
Suite 1, 3rd Floor
11-12 St. James’s Square
London SW1Y 4LB
United Kingdom
Attention:    General Counsel
Email:    legalnotices@roivant.com

With a copy to (which    Davis Polk & Wardwell LLP
shall not constitute    450 Lexington Avenue
notice to the Investor):    New York, New York 10017
Attention:    Brian Wolfe
        Lee Hochbaum
        Derek Dostal
    Email:     brian.wolfe@davispolk.com
        lee.hochbaum@davispolk.com
        derek.dostal@davispolk.com
Section 6.09.    Expenses. Each party shall pay its own fees and expenses with respect to this Agreement. The Investor shall be responsible for, and shall pay, any stock transfer taxes imposed on the sale and purchase of the Purchased Shares.
Section 6.10.    Amendments and Waivers. Any term of this Agreement may be amended and the observance of any term of this Agreement may be waived (either generally or in a particular instance and either retroactively or prospectively), only with the written consent of the Company and the Investor.
Section 6.11.    Specific Performance. The Parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached. Accordingly, each Party agrees that in the event of any breach or threatened breach by any other Party of any covenant or obligation contained in this Agreement, the non-breaching Party shall be entitled (in addition to any other remedy that may be available to it, whether in law or equity) to obtain (i) a decree or order of specific performance to enforce the observance and performance of such covenant or obligation, and (ii) an injunction restraining such breach or threatened breach. Each of the Parties agrees that it will not oppose the granting of an injunction, specific performance and other equitable relief on the basis that any other Party has an adequate remedy at law or that any award of specific performance is not an appropriate remedy for any reason at law or in equity. Any Party seeking an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions of this Agreement shall not be required to provide any bond or other security in connection with any such order or injunction.
Section 6.12.    Severability. If, under applicable laws, any provision hereof is invalid or unenforceable, or otherwise directly or indirectly affects the validity of any other material provision(s) of this Agreement (“Severed Clause”), then, it is mutually agreed that this Agreement shall endure except for the Severed Clause. The Parties shall consult and use their reasonable best efforts to agree upon a valid and enforceable provision which shall be a reasonable substitute for such Severed Clause in light of the intent of this Agreement.
[Remainder of page intentionally blank; signature page(s) follow(s).]
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IN WITNESS WHEREOF, the Parties have executed and delivered this Agreement as of the date first above written.
						
	ROIVANT SCIENCES LTD.
	By:	/s/ Matt Maisak
		Name: Matt Maisak
		Title: Authorized Signatory

						
	IMMUNOVANT, INC.
	By:	/s/ Pete Salzmann, M.D.
		Name: Pete Salzmann, M.D.
		Title: Chief Executive Officer

[Signature Page to Share Purchase Agreement]

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