Equity

6 Months Ended

Jun. 30, 2015

Equity

Equity

7. Equity

Common Stock — As of June 30, 2015, the authorized common stock of the Company included 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 both June 30, 2015 and December 31, 2014, there were 27,562,500 shares of common stock outstanding, including 20,698,904 and 20,826,942 shares subject to possible redemption respectively.

Preferred Stock — The authorized preferred stock of the Company includes up to 1,000,000 shares. At June 30, 2015, there were no shares of preferred stock issued and outstanding.