On January 7, 2019, XSport Global, Inc., a Wyoming corporation (the “Company”), entered into an Amendment to Equity Purchase Agreement
(the “Amendment”), amending the Equity Purchase Agreement (the “Equity Purchase Agreement”) with Triton Funds, LP, a Delaware limited partnership (the “Investor”).
The Equity Purchase Agreement gives the Company the right to require the Investor to purchase up to $1,000,000 (the “Commitment
Amount”) of shares (“Capital Call Shares”) of the Company’s common stock, par value $0.001 per share, during the commitment period.
The sole purpose of the Amendment was to extend the commitment period such that the commitment period shall now extend to the earlier
of (i) the date that the Investor has purchased Capital Shares equal to the Commitment Amount (ii) March 31, 2019, or (iii) termination of the Equity Purchase Agreement by the Company upon a material breach by the Investor.
The Equity Purchase agreement is subject to additional terms and conditions and the foregoing description is not complete; the Equity
Purchase Agreement is described further in the Company’s Current Report on Form 8-K, filed with the Securities and Exchange Commission on September 4, 2018 (the “Equity Purchase Agreement 8-K”), and the foregoing description of the Equity
Purchase Agreement is qualified in its entirety by reference such Equity Purchase Agreement, which was filed as Exhibit 10.1 to the Equity Purchase Agreement 8-K.