EZGO Technologies Ltd. - Sales Agreement with AC Sunshine Securities LLC

EZGO Technologies Ltd. has entered into a Sales Agreement with AC Sunshine Securities LLC, allowing for the offering and sale of ordinary shares up to an aggregate offering price of $100 million. The shares will be sold through AC Sunshine Securities LLC as sales agent, acting as an 'at-the-market' offering. The company will pay a 3% placement fee and reimburse expenses. EZGO Technologies Ltd. is not obligated to sell any shares and can terminate the agreement. The net proceeds are intended for general corporate purposes, including expanding sales channels, purchasing new production lines, and investing in research and development. The agreement includes customary representations, warranties, and indemnification clauses.