**Exhibit 4.69**

**STOCKOPTION AGREEMENT**

This STOCK OPTIONAGREEMENT (the “***Agreement***”) is made as of May 10th, 2014 (the “***Execution Date***”),by and between Prime Acquisition Corp., a Cayman Islands exempted company (the ***“Company”***), and Amy Lau,(the ***“Optionee”***).

W I T N E S S E T H:

In considerationof the premises and mutual covenants contained herein and for other good and valuable consideration, the receipt, validity andsufficiency of which is hereby acknowledged, the parties agree as follows:

1.           Grant of Option. Subject to the terms and conditions of this Agreement, the Company confirms that it granted to the Optioneethe right (the ***“Option”***) to purchase all or any part of an aggregate of 12,000 (twelve thousand) ordinaryshares of the Company, par value $0.001 per share (***“Common Stock”***).

2.           Vesting Schedule. This Option shall vest based on activities and/or services performed, as set out in Addendum A.

3.           Exercise Price. The price of each share of Common Stock purchased pursuant to this Option shall be U.S. $2.00. The exerciseprice shall be adjusted, for a period of twelve months after the date of the grant, to that of a future round of financing ifthe price is below $2.00.

4.           Exercise of Option. The Optionee may exercise the Option, in whole or in part, with respect to any whole number of vestedshares of Common Stock subject to the Option. The Optionee shall exercise the Option by giving the Company written notice, ina form prescribed by the Company. Such notice shall specify the number of shares of Common Stock to be purchased and shall beaccompanied by payment, in U.S. dollars, in cash, by wire transfer of immediately available funds, or by certified check or byofficial bank check, of an amount equal to the Option exercise price per share of Common Stock, multiplied by the number of sharesof Common Stock as to which the Option is being exercised; provided, however, that (i) [this Option may be exercised on a cashlessbasis, in whole or in part, in accordance with the Cashless Exercise Formula (as defined below), and (ii) the purchase price maybe paid by the delivery of funds equal to the purchase price by a broker, in accordance with Regulation T promulgated by the Boardof Governors of the Federal Reserve System or as otherwise may be permissible by law. The board of directors of the Company (the“**Board**”) may impose from time to time such limitations as it deems appropriate on the exercise of the Option.

Forpurposes of this Agreement, the term “***Cashless Exercise Formula***” means:

N’= (N x (P - E)) / P

where:

N’ = the adjustednumber of shares of Common Stock issuable upon cashless exercise of the Option.

N’ = the current number of shares of Common Stock issuableupon exercise of the Option.

E = the Exercise Price on the date of cashless exerciseof the Option.

P= the average reported last sales price of the Common Stock for the last 10 trading days ending on the third businessday prior to the date on which notice of cashless exercise is given.

5.           Delivery of Common Stock Certificate. Subject to Section 6, as soon as practicable after receipt of the notice and paymentreferred to in Section 4 above, the Company shall deliver to the Optionee (or, in the case of a broker financed exercise describedin Section 4, to the broker) a certificate or certificates for such shares of Common Stock purchased pursuant to the Option; provided,however, that the time of such delivery may be postponed by the Company for such period of time as the Company may require forcompliance with any law, rule or regulation applicable to the issuance or transfer of shares of Common Stock.

6.           Payment of Taxes. Prior to or concurrently with delivery by the Company to the Optionee of a certificate or certificate(s)representing such shares of Common Stock, the Optionee shall, if required by the IRS, upon notification of the amount due, promptlypay or cause to be paid, in cash, any amount necessary to satisfy any tax requirements (or otherwise satisfy such requirementsin a manner satisfactory to the Company).

7.           Termination of Option. This Option and all rights of the Optionee to purchase shares of Common Stock hereunder shall terminateon May 9th, 2019 (the ***“Expiration Date”***) unless terminated earlier in accordance with theterms hereof.

8.           Notice. All notices, request, demands, waivers and communications required or permitted to be given hereunder shall bein writing and shall be delivered in person or mailed, certified or registered mail with postage prepaid, or sent by facsimile,as follows:

To Company:

Prime Acquisition Corp.

No. 322, Zhongshan East Road,

Shijiazhuang, Hebei Province, 050011

People’s Republic of China Attn: Chief ExecutiveOfficer

To Optionee: Amy Lau,

109 Cordova Street, San Francisco, CA 94112

or to such other address or to the attention ofsuch other person as the recipient party shall have specified by prior written notice to the sending party. In the case of mailing,all such notices, requests, demands, waivers and communications shall be deemed to have been received on the third business dayafter the date of the mailing. In the case of facsimile after 5:00 P.M. local time at the place of delivery or on a day that isnot a business day, all such notices, requests, demands, waivers and communications shall be deemed to have been received on thenext business day.

9.           Certain Adjustments.

(a)         Inthe event that the Company or the division, subsidiary or other affiliated entity for which the Optionee performsservices is sold (including a stock or an asset sale), spun off, merged, consolidated, reorganized or liquidated, the Boardmay determine that (i) the Option shall be assumed, or a substantially equivalent Option shall be substituted, by an acquiringor succeeding entity (or an affiliate thereof) on such terms as the Board determines to be appropriate; (ii) upon writtennotice to the Optionee, provide that the Option shall terminate immediately prior to the consummation of the transactionunless exercised by the Optionee within a specified period following the date of the notice (such period of time to be noless than 20 days); (iii) in the event of a sale or similar transaction under the terms of which holders of Common Stockreceive a payment for each share of Common Stock surrendered in the transaction (the “***SalesPrice***”), make or provide for a payment to each Optionee equal to the amount by which (A) the Sales Price timesthe number of shares of Common Stock subject to the Option (to the extent such Option is then exercisable) exceeds (B) theaggregate exercise price for all such shares of Common Stock; or (iv) may make such other equitable adjustments as the Boarddeems appropriate.

(b)         In the event of any stock dividend or split, recapitalization, combination, exchange or similar change affecting the CommonStock, the Board shall make any or all of the following adjustments as it deems appropriate to equitably reflect such event:(i) adjust the option price to be paid for any or all shares subject to this Agreement, (ii) adjust the number of shares ofCommon Stock (or such other security as is designated by the Board) subject to this Agreement and (iii) make any otherequitable adjustments or take such other equitable action as the Board, in its discretion, shall deem appropriate.

(c)         Any and all adjustments or actions taken by the Board pursuant to this Section shall be conclusive and binding for allpurposes.

10.         No Restriction on the Right of the Company to Effect Corporate Changes. The Option granted hereunder shall not affect inany way the right or power of the Company or its stockholders to make or authorize any or all adjustments, recapitalizations,reorganizations or other changes in the Company’s capital structure or its business, or any merger or consolidation of theCompany, or any issue of stock or of options, warrants or rights to purchase stock or of bonds, debentures, preferred or priorpreference stocks whose rights are superior to or affect the Common Stock or the rights of holders thereof or which are convertibleinto or exchangeable for Common Stock, or the dissolution or liquidation of the Company, or any sale or transfer of all or anypart of its assets or business, or any other corporate act or proceeding, whether of a similar character or otherwise.

11.         No Shareholder Rights. The Optionee shall have no rights as a shareholder of the Company with respect to shares of CommonStock subject to the Option until payment for such shares shall have been made in full and until the date of the issuance of sharecertificates for such shares of Common Stock.

12.         Nontransferability.

(a)         Except as provided in paragraph (b) of this Section 12, or by will or the laws of descent and distribution, the Option is nottransferable, and may be exercised only by the Optionee. In the event of any attempt by the Optionee to transfer, assign,pledge, hypothecate or otherwise dispose of the Option or of any right hereunder, except as provided for herein, or in theevent of the levy of any attachment, execution or similar process upon the rights or interest hereby conferred, the Companymay terminate the Option by notice to the Optionee and it shall thereupon become null and void.

(b)         Notwithstanding paragraph (a), the Optionee may transfer the Option, by gift or a domestic relations order, to a family memberof the Optionee.

(c)         Notwithstandingparagraphs (a) or (b), the Optionee may transfer the Option with the express, prior written consent of the Company, whichconsent may be withheld for any reason or for no reason.

13.         Representations By and Covenants of Optionee.

The following representations,warranties and covenants by Optionee are made as of the date of this Agreement and, unless stated otherwise herein, are also madeas of each date of exercise of this Agreement.

(a)         If applicable, the Optionee understands and consents to the placement of a legend on any certificate or other documentevidencing the Shares stating that they have not been registered under the Securities Act and setting forth or referring tothe restrictions on transferability and sale thereof.

(b)         Optionee hereby represents that the address of Optionee furnished by him on the signature page of this Agreement is accurateand that said address is the Optionee’s principal residence. Optionee understands that the Company is relying on theaccuracy of this representation for purposes of its compliance with United States federal securities laws and state“blue sky” laws.

(c)         This Agreement has been duly executed and delivered by the Optionee and constitutes the legal, valid and binding obligationof the Optionee, enforceable in accordance with its terms.

14.         NSO.It is intended that this Option shall be a non-qualifiedstock option and shall not constitute an incentive stock option for purposes of Section 422 of the Internal Revenue Codeof 1986, as amended.

15.         Compliance with Law; Registration of Shares.

(a)         TheOption grant provided hereunder shall be subject to all applicable laws, rules, and regulations of any applicablejurisdiction or authority or agency thereof and to such approvals by any regulatory or governmental authority or agency orsecurities exchange which, in the opinion of Company’s counsel, may be required or appropriate.

(b)         Notwithstandingany other provision of this Agreement, the Company shall not be required to issue or deliver any certificate orcertificates for shares of Common Stock under this Agreement prior to fulfillment of all of the following conditions:

(i)           Effectiveness of any registration or other qualification of such shares of the Company under any law or regulation of anyapplicable jurisdiction, authority or agency that the Board, in its absolute discretion or upon the advice of counsel, deemsnecessary or advisable; and

(ii)          Grant of any other consent, approval or permit from any applicable jurisdiction or authority or agency thereof or securitiesexchange which the Board shall, in its absolute discretion or upon the advice of counsel, deem necessary or advisable. TheCompany shall use all reasonable efforts to obtain any consent, approval or permit described above.

16.         Headings. The headings of sections and subsections herein are included solely for convenience of reference and shall notaffect the meaning of any of the provisions of this Agreement.

17.         Severability. In the event that any one or more provisions of this Agreement, or any action taken pursuant to this Agreement,should, for any reason, be unenforceable or invalid in any respect under the laws of the United States, any state of the UnitedStates or any other jurisdiction, such unenforceability or invalidity shall not affect any other provision of this Agreement,but in such particular jurisdiction and instance this Agreement shall be construed as if such unenforceable or invalid provisionhad not been contained therein or if the action in question had not been taken thereunder.

18.         Board Determinations. In the event that any question or controversy shall arise with respect to the nature, scope or extentof any one or more rights conferred by the Option, or any provision of this Agreement, the good faith determination by the Boardof the rights of the Optionee shall be conclusive, final and binding upon the Optionee and upon any other person who shall assertany right pursuant to this Option.

19.         Governing Law. This Agreement and all rights hereunder shall be construed in accordance with and governed by the internallaws of the State of New York applicable to agreements made and to be performed within the State of New York, without giving effectto any choice-of-law provisions thereof that would compel the application of the substantive laws of any other jurisdiction.

20.         Jurisdiction; Venue. The Optionee hereby agrees that any action, proceeding or claim against it arising out of, or relatingin any way to this Agreement shall be brought and enforced in the courts of the State of New York or of the United States of Americafor the Southern District of New York, and irrevocably submits to such jurisdiction, which jurisdiction shall be exclusive. TheOptionee hereby waives any objection to such exclusive jurisdiction and that such courts represent an inconvenient forum. Anyprocess or summons to be served upon the Optionee may be served by transmitting a copy thereof by registered or certified mail,return receipt requested, postage prepaid, addressed to it at the address set forth herein. Such mailing shall be deemed personalservice and shall be legal and binding upon the Optionee in any action, proceeding or claim. The Company and the Optionee agreethat the prevailing party(ies) in any such action shall be entitled to recover from the other party(ies) all of its reasonableattorneys’ fees and expenses relating to such action or proceeding and/or incurred in connection with the preparation therefor.

21.         Amendment. This Agreement may not be changed or modified except by an instrument in writing signed by both of the partieshereto.

22.         Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original,all of which together will constitute one and the same instrument.

IN WITNESS WHEREOF,the Company and the Optionee have executed this Agreement effective as of the date first written above.

 

**PRIME ACQUISITION CORP.**

** **

 

By: /s/ Diana Liu

Name: Diana Liu

Title: Chairman

 

 

 

 

OPTIONEE:

 

 

 

 

/s/ Amy Lau

Amy Lau

 

Address:

109 Cordova Street,San Francisco, CA 94112

Email:amylausf@gmail.com

 

 

**ADDENDUMA**

VESTING SCHEDULE

The Stock Option granted in the Stock OptionAgreement shall vest based on the following formula:

1/12 of the total Stock Option grant shallvest on a monthly basis, starting from one month after the date of the grant;

Vesting shall stop when the Optionee ceases her positionas the Interim Chief Financial Officer of the Company.