| Id | Content |
|---|---|
| F1 | These shares represent shares of common stock acquired by Armada Sponsor LLC ("Sponsor") in a private placement that occurred simultaneously with the initial public offering of the Issuer. |
| F2 | Represents 50,000 shares of common stock held by the reporting person directly and 6,467,000 shares of common stock held by the Sponsor. |
| F3 | As a managing member of the Sponsor, the reporting person may be deemed to share beneficial ownership of the shares of common stock held directly by the Sponsor, and disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly. |