Will the nyko kama run on 4.2v lipo?

I'm using this:

http://www.ebay.com/itm/2pcs-DC-DC-4-5V-28V-0-8V-20V-Step-Down-Module-Power-Supply-Good-/130983625486?tfrom=131473759979&tpos=top&ttype=price&talgo=undefined
 
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