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
Class A common stock and warrants are quoted on the NASDAQ under the symbol “AENT.”
Holders
Although
there are a larger number of beneficial owners, at June 30, 2025, there were 28 holders of record of our Class A common stock and 34
holders of record of our warrants.
Dividends
We
have not paid any cash dividends on the Class A common stock to date. We may retain future earnings, if any, for future operations, expansion,
and debt repayment, and we have no current plans to pay cash dividends for the foreseeable future. Any decision to declare and pay dividends
in the future will be made at the discretion of the Board and will depend on, among other things, our results of operations, financial
condition, cash requirements, contractual restrictions, and other factors that we may deem relevant. We do not anticipate declaring any
cash dividends to holders of the Class A common stock in the foreseeable future. Further, our ability to declare dividends may be limited
by the terms of financing or other agreements entered by us or our subsidiaries from time to time.
Recent
Sales of Unregistered Securities; Use of Proceeds from Registered Offerings
We
had no sales of unregistered equity securities during the period covered by this annual report that were not previously reported in a
Quarterly Report on Form 10-Q or a Current Report on Form 8-K.
Purchases of Equity Securities
We have not repurchased any shares of our common stock during the fiscal year ended June 30, 2025.
Item
6. Reserved.
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