EX-10.3
EX-10.3
Execution Version
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STOCK ACQUISITION AGREEMENT
by and among
PHOENIX ASIA HOLDINGS LIMITED, AS TRANSFEREE,
ACEA PHARMA, INC., AS THE COMPANY,
AND
ACEA THERAPEUTICS, INC., AS THE TRANSFEROR
Dated as of May 4, 2026
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TABLE OF CONTENTS
Page
| Article I ACQUISITION AND SALE OF THE COMPANY SHARES | 1 |
| Section 1.1 Acquisition and Sale | 1 |
| Section 1.2 Closing | 1 |
| Article II CONSIDERATION AND MANNER OF PAYMENT | 2 |
| Section 2.1 Payments at Closing | 2 |
| Article III REPRESENTATIONS AND WARRANTIES OF THE COMPANY | 2 |
| Section 3.1 Organization and Qualification | 2 |
| Section 3.2 Authorization; Enforceability | 3 |
| Section 3.3 Capitalization | 3 |
| Section 3.4 Options | 3 |
| Section 3.5 No Violation | 4 |
| Section 3.6 Consents | 4 |
| Section 3.7 Absence of Certain Changes | 4 |
| Section 3.8 Taxes | 4 |
| Section 3.9 Material Contracts | 6 |
…