3 unchanged sentences
Since October 22, 2019, our Common Stock has been listed on the Nasdaq Global Market.
−Removed: As of December 31, 2022, there were 8 record holders of our Common Stock, based upon information received from our transfer agent.
+Added: As of December 31, 2023, there were five record holders of our Common Stock, based upon information received from our transfer agent.
However, this number does not include beneficial owners whose shares were held of
4 unchanged sentences
We anticipate that we will retain earnings, if any, to support operations and to finance the growth and development of our business.
−Removed: In addition, the
−Removed: terms of our Credit Agreement with Hayfin precludes us from paying cash dividends without their consent.
+Added: In addition, the terms of
+Added: our Credit Agreement with Ares preclude us from paying cash dividends without their consent.
Therefore, we do not expect to pay any cash dividends for the foreseeable future.
Stock Performance Graph
−Removed: Not applicable.
+Added: The following graph assumes a $100 investment on December 31, 2018 in each of the Company’s Common Stock, the XBI Biotech Index of biotechnology companies and the Russell 2000 Index.
Sale of Unregistered Securities
2 unchanged sentences
We did not repurchase any of our securities during the three months ended December 31, 2023.
+Added: Our directors and executive officers may from time to time enter into plans or other arrangements for the purchase or sale of our common stock that are intended to satisfy the affirmative defense conditions of Rule
+Added: 10b5-1(c) or may represent a non-Rule 10b5-1 trading arrangement under the Exchange Act.
+Added: During the quarter ended December 31, 2023, none of our directors or executive officers adopted or terminated any such contract, instruction or written plans.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.