On January 26, 2021 (the Closing Date), COMSovereign Holding Corp. sold an aggregate of 3,855,422 units at a price to the public of $4.15 per unit, each unit consisting of one share of the company’s common stock, par value $0.0001 per share, and a warrant to purchase one share of Common Stock at an exercise price of $4.50 per share, pursuant to that certain Underwriting Agreement, dated as of January 21, 2021, between the Company and Kingswood Capital Markets, division of Benchmark Investments Inc., as representative of the several underwriters named in the Underwriting Agreement. On the Closing Date, in connection with the closing of the Offering, Kay Kapoor joined the Board of Directors of the Company. Ms. Kapoor will serve on the Board until the next annual meeting of stockholders of the Company at which directors are elected, at which time she is expected to stand for re-election. Kay Kapoor, age 57. Since January 2018, Ms. Kapoor has been the Chief Executive Officer of Arya Technologies, LLC. From January 2013 to October 2017, Ms. Kapoor was the Executive Vice President and President of AT&T’s Global Public Sector organization.