Item 5. Market for Registrant’s Common Equity
Item 5. Market for Registrant’s Common
Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market Information
On June 30, 2020, our common
stock began trading on the Nasdaq Capital Market under the symbol “ADTX.” Prior to that time, there was no public market for
our common stock.
Holders
As of March 31, 2025, there were approximately 168 record holders
of our common stock. As of April 12, 2024, there were 5, 13, and 1 holder(s) of Series A-1 Convertible Preferred Stock, Series B-1 Convertible
Preferred Stock, and Series B-2 Convertible Preferred Stock, respectively. The actual number of holders of our common stock is greater
than this number of record holders, and includes stockholders who are beneficial owners, but whose shares are held in street name by brokers
or held by other nominees. This number of holders of record also does not include stockholders whose shares may be held in trust by other
entities.
Dividend Policy
We have never paid or declared
any cash dividends on our common stock, and we do not anticipate paying any cash dividends on our common stock in the foreseeable future.
We intend to retain all available funds and any future earnings to fund the development and expansion of our business. Any future determination
to pay dividends will be at the discretion of our board of directors and will depend upon a number of factors, including our results of
operations, financial condition, future prospects, contractual restrictions, restrictions imposed by applicable law and other factors
that our board of directors deems relevant.
Recent Sales of Unregistered Securities
On January 31, 2022 the Company
issued a consultant 1 shares of common stock for services rendered.
On February 28, 2022 the Company
issued a consultant 1 shares of common stock for services rendered.
On March 31, 2022 the Company
issued a consultant 1 shares of common stock for services rendered.
On December 12, 2022 the Company
issued a consultant 1 shares of common stock for services rendered.
On December 27, 2023, the Company
issued a consultant 1 shares of common stock for services rendered.
On March 17, 2023, the Company
issued a consultant 1 shares of common stock for services rendered.
On December 20, 2023, the Company
issued a consultant 7 shares of common stock for services rendered.
The issuances above were made pursuant
to Section 4(a)(2) of the Securities Act.
Equity Compensation Plans
The information required by
Item 5 of Form 10-K regarding equity compensation plans is incorporated herein by reference to Item 12 of Part III
of this Annual Report on Form 10-K.
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Issuer Purchases of Equity Securities
We did not purchase any of
our registered equity securities during the period covered by this Annual Report.
Item 6. [Reserved]
Not applicable.
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