Equity

6 Months Ended

Jun. 30, 2014

Equity

Equity

7. Equity

Common Stock — The authorized common stock of the Company includes up to 400,000,000 shares. Holders of the Company’s common stock are entitled to one vote for each share of common stock.  At June 30, 2014, there were 6,691,445 shares of common stock issued and outstanding, excluding 20,871,055 shares subject to possible redemption.

Preferred Stock — The authorized preferred stock of the Company includes up to 1,000,000 shares. At June 30, 2014, there were no shares of preferred stock issued and outstanding.