Termination of Securities Purchase Agreement
Baosheng Media Group Holdings Limited has terminated its Securities Purchase Agreement (SPA) with High West Partners LLC, originally dated July 10, 2026. The termination, effective August 12, 2026, was initiated by the Company sending a Termination Notice on August 11, 2026, which was confirmed by the Investor on the same date. This termination allows the Company to cease the sale and issuance of its ordinary shares to the Investor under the SPA, which had a potential value of up to US$30,000,000. Prior to the termination, 255,328 ordinary shares were sold under the agreement. The termination is subject to the condition that the Company has fulfilled all its obligations under the SPA before the effective termination date. This action concludes the offering without further liability to either party, except as otherwise specified in the SPA.