Our authorized capital stock consists of 50,000,000 ordinary shares, par value $0.001 per share. As of the date of this prospectus, 8,600,000 ordinary shares are issued and outstanding. An additional 1,400,000 shares of ordinary shares have been reserved for issuance under the Company’s stock incentive plan. The following summary description relating to our capital stock does not purport to be complete and is qualified in its entirety by our Memorandum and Articles of Association.