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
Our common stock is traded on
the Nasdaq Capital Market under the trading symbol “AEMD.” On July 7, 2015, The Nasdaq Stock Market LLC approved our application
for listing our common stock on the Nasdaq Capital Market under the symbol “AEMD,” and we commenced trading on the Nasdaq
Capital Market on July 13, 2015.
Holders of Record
There were approximately 55 record
holders of our common stock at June 2, 2026. The number of registered stockholders includes any beneficial owners of common shares held
in street name.
Dividend Policy
We have not paid any dividends
on our common stock to date and do not anticipate that we will pay dividends in the foreseeable future. Any payment of cash dividends
on our common stock in the future will be dependent upon the amount of funds legally available, our earnings, if any, our financial condition,
our anticipated capital requirements and other factors that the Board of Directors may think are relevant. However, we currently intend
for the foreseeable future to follow a policy of retaining all of our earnings, if any, to finance the development and expansion of our
business and, therefore, do not expect to pay any dividends on our common stock in the foreseeable future.
Recent Sales of Unregistered Securities
Other than listed below, the Company
did not have any sales of unregistered securities during the period covered by this Annual Report.
On December
8, 2025, the Company completed a private placement pursuant to a Securities Purchase Agreement entered into with an institutional investor.
In the private placement, the Company issued (i) 595,897 pre-funded warrants to purchase shares of common stock and (ii) warrants to purchase
1,042,820 shares of common stock at an exercise price of $4.03 per share. The Company also issued warrants to purchase 23,836 shares of
common stock to the placement agent in connection with the transaction. In connection with the private placement, the Company entered
into a warrant inducement agreement with the same investor pursuant to which the investor exercised existing warrants to purchase 210,555
shares of common stock at a reduced exercise price of $4.03 per share and received new warrants to purchase 368,471 shares of common stock.
The securities issued in the private placement and warrant inducement transaction were offered and sold in reliance upon the exemption
from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended, and/or Rule 506(b) of Regulation D promulgated
thereunder.
Securities Authorized for Issuance Under Equity
Compensation Plans
Information about our equity compensation
plans is incorporated herein by reference to Item 12 of Part III of this Annual Report.
ITEM 6. [RESERVED]
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