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.
Our
common stock has been listed and traded on the Nasdaq Capital Market under the symbol “QLGN” since May 26, 2020. Before that
date, there was no public market for Qualigen, Inc. common stock. As a matter of corporate law we are a continuation of Ritter Pharmaceuticals,
Inc. under a different name, although for purposes of securities reporting and applicable accounting principles Qualigen, Inc. was the
accounting acquirer in the May 22, 2020 reverse recapitalization. Before May 26, 2020, Ritter Pharmaceuticals, Inc. common stock traded
on the Nasdaq Capital Market under the symbol “RTTR.”
Holders
As
of March 25, 2022, there were 692 registered holders of record of our common stock. This figure does not reflect the beneficial
ownership of shares held in nominee name.
Securities
Authorized for Issuance Under Equity Compensation Plans
See
Part III, Item 12 “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” for information
relating to our equity compensation plans.
Recent
Sales of Unregistered Securities
On December 3,
2021, we issued a common stock warrant (the “Warrant”) to a consultant, entitling the consultant to purchase up to 600,000
of our shares of common stock at an exercise price of $1.32 per share until June 3, 2023. We relied on the exemption from registration
provided under Section 4(a)(2) of the Securities Act regarding transactions not involving a public offering.
Purchases
of Equity Securities by the Issuer and Affiliated Purchasers
None.
27
PART
II
Item
6. [Reserved]
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.