The authorized capital stock of the Company consists of 125,000,000 shares of common stock and 5,000,000 shares of undesignated Preferred Stock. As of the Effective Date, there are no shares of Preferred Stock issued and outstanding and there are 35,510,234 shares of Common Stock issued and outstanding. There are no other shares of any other class or series of capital stock of the Company issued or outstanding. The Company has no capital stock reserved for issuance, except that, as of the Effective Date, there are 4,243,190 shares of Common Stock reserved for issuance pursuant to options outstanding on such date pursuant to the Company’s 2015 Equity Incentive Plan, 2014 Equity Incentive Plan and the Assumed 2007 and 2010 Ikaria Plans (as well as any automatic increases in the number of shares of the Company’s common stock reserved for future issuance under these plans) and 17,268,558 shares of Common Stock reserved for issuance pursuant to existing warrants to purchase shares of Common Stock. The issuance of Common Stock or other securities pursuant to any provision of this Agreement or the Warrants will not give rise to any preemptive rights or other similar rights. There are no voting agreements or other similar arrangements with respect to the Common Stock to which the Company is a party.