**FORM OF NOTICE OF ISSUANCE OF

UNCERTIFICATED COMMON STOCK OF BOUMARANG INC.**

 

This Notice of Issuance of Uncertificated Common Stock (this “Notice”) is provided pursuant to Section 158 of the Delaware General Corporation Law (the “DGCL”) and the Amended and Restated Bylaws of Boumarang Inc., a Delaware corporation (the “Company”).

 

1. Uncertificated Shares

 

The Company does not issue physical stock certificates. Shares of the Company’s common stock are issued in uncertificated (book-entry) form and are evidenced solely by entries on the books and records of the Company or its transfer agent.

 

2. Authorized Capital Stock

 

The Company is authorized to issue 100,000,000 shares of common stock, par value $0.0001 per share, and 10,000,000 shares of preferred stock, par value $0.0001 per share, as set forth in the Company’s Certificate of Incorporation, as amended.

 

3. Rights of Common Stockholders

 

Each holder of uncertificated shares of the Company’s common stock is entitled to the rights of a stockholder as set forth in:

·the Company’s Certificate of Incorporation, as amended; 

·the Company’s Amended and Restated Bylaws; and 

·applicable provisions of the Delaware General Corporation Law. 

 

Except as otherwise required by law or the Company’s governing documents:

·each share of common stock is entitled to one vote on all matters submitted to a vote of stockholders; 

·holders of common stock are entitled to receive dividends, if any, as declared by the Board of Directors out of legally available funds; and 

·in the event of liquidation, dissolution, or winding up of the Company, holders of common stock are entitled to receive the Company’s remaining assets after payment of liabilities and any liquidation preferences of preferred stock. 

 

4. Election of Directors; Voting

 

Pursuant to the Company’s Amended and Restated Bylaws, directors are elected by a plurality of the votes cast by the holders of shares entitled to vote in the election of directors, present in person or by proxy, at a meeting at which a quorum is present. There is no cumulative voting in the election of directors.

 

5. Transfer Restrictions and Legends

 

Transfers of uncertificated shares are subject to:

·applicable federal and state securities laws; 

·any contractual restrictions applicable to the holder, including lock-up agreements, if any; and 

·the Company’s governing documents. 

 

Uncertificated shares may bear the following (or similar) legend in the Company’s records:

 

THE SHARES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED, SOLD, PLEDGED, OR OTHERWISE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT OR AN APPLICABLE EXEMPTION FROM REGISTRATION.

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6. No Certificate Issuance

 

No physical certificate shall be issued with respect to any shares of common stock unless the Board of Directors determines otherwise in accordance with the DGCL.

 

7. Governing Law

 

This Notice and the rights evidenced hereby shall be governed by and construed in accordance with the laws of the State of Delaware, without regard to its conflict of laws principles.

 

8. Amendment

 

The form and content of this Notice may be amended by the Company from time to time to reflect changes in applicable law or the Company’s governing documents.

 

BOUMARANG INC. a Delaware corporation

 

 

By:________________________________

 

Name:______________________________

 

Title: Secretary (or Authorized Officer)

 

Date: _______________________________