Coastal Capital Acquisition Corp (CCAJ)

[The_radman]

A. The shares of Series A shall convert into the number of shares of the Common Stock equal to the number of shares of Series A issued to the holder thereof, multiplied by ten (10) and divided by the lesser of four cents ($.04) or the average of the closing bid price of the Corporation’s Common Stock on the date of conversion of the Series A (the “A Conversion Shares”).