Priority Securities

Priority Securities. Shall mean an aggregate of 5,461,500 shares of Common Stock consisting of (i) the 5,200,000 shares of Common Stock that may be issued upon the exercise of 5,200,000 warrants originally sold as part of units in the Company's initial public offering and (ii) the 261,500 shares of Common Stock that may be issued upon the exercise of 261,500 warrants originally sold in a private placement prior to the Company's initial public offering