−Removed: Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
−Removed: common stock trades on the OTCQB system under the symbol “ ALMU .” Our CUSIP number is 00776X.
−Removed: should be aware that over-the-counter market quotations may reflect inter-dealer prices, without retail mark-up, mark-down or commissions
−Removed: and may not necessarily represent actual transactions.
−Removed: The high and low bid quotations for our shares of our common stock for each full
−Removed: quarterly period within the two most recent fiscal years are (prices set forth below represent inter-dealer quotations, without retail
−Removed: markup, markdown or commission and may not be reflective of actual transactions):
−Removed: Quarter ended September 30, 2021
−Removed: Quarter ended December 31 2021
−Removed: Quarter ended March 31, 2022
−Removed: Quarter ended June 30, 2022
−Removed: Quarter ended September 30, 2020
−Removed: Quarter ended December 31 2020
−Removed: Quarter ended March 31, 2021
−Removed: Quarter ended June 30, 2021
−Removed: of September 27, 2022, the last reported sale price of our Common Stock on the OTCQB was $N/A per share.
+Added: Market for Registrant’s Common
+Added: Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
+Added: Market Information
+Added: Our common stock trades on the OTCQB system under
+Added: the symbol “ALMU.” Our CUSIP number is 00776X.
+Added: There is currently limited trading volume for our Common Stock.
+Added: Holders of Record
of September 21, 2023, we had 12,167,930 shares of our common stock outstanding held by approximately 126 stockholders of record.
−Removed: have never paid any cash dividends on our capital stock and do not anticipate paying any cash dividends on our common stock in the foreseeable
−Removed: We intend to retain future earnings to fund ongoing operations and future capital requirements.
−Removed: Any future determination to pay
−Removed: cash dividends will be at the discretion of our board of directors and will be dependent upon financial condition, results of operations,
−Removed: capital requirements and such other factors as the board of directors deems relevant.
−Removed: Sales of Unregistered Securities
−Removed: the period covered by this annual report, the Company has not issued unregistered securities to any person, except as described below.
−Removed: None of these transactions involved any underwriters, underwriting discounts or commissions, except as specified below, or any public
−Removed: offering, and, unless otherwise indicated below, the Registrant believes that each transaction was exempt from the registration requirements
−Removed: of the Securities Act by virtue of Section 4(a)(2) thereof and/or Rule 506 of Regulation D promulgated thereunder, and/or Regulation
−Removed: S promulgated thereunder regarding offshore offers and sales.
−Removed: All recipients had adequate access, though their relationships with the
−Removed: Registrant, to information about the Registrant.
−Removed: July 1, 2021, we sold an additional 115,000 common stock shares at a purchase price of $2.00 per share in a private placement
−Removed: offering for net proceeds (after deducting offering costs of $23,070) of $206,930 and issued 11,500 warrants to purchase common
−Removed: stock to GP Nurmenkari Inc., who acted as the placement agent for this private placement offering.
+Added: Dividend Policy
+Added: We have never paid any cash dividends on our
+Added: capital stock and do not anticipate paying any cash dividends on our common stock in the foreseeable future.
+Added: We intend to retain future
+Added: earnings to fund ongoing operations and future capital requirements.
+Added: Any future determination to pay cash dividends will be at the discretion
+Added: of our board of directors and will be dependent upon financial condition, results of operations, capital requirements and such other
+Added: factors as the board of directors deems relevant.
+Added: Recent Sales of Unregistered Securities
+Added: During the periods covered by this Report, we
+Added: have not issued unregistered securities to any person, except as described below.
+Added: None of these transactions involved any underwriters,
+Added: underwriting discounts or commissions, except as specified below, or any public offering, and, unless otherwise indicated below, the
+Added: Registrant believes that each transaction was exempt from the registration requirements of the Securities Act by virtue of Section 4(a)(2)
+Added: thereof and/or Rule 506 of Regulation D promulgated thereunder, and/or Regulation S promulgated thereunder regarding offshore offers
+Added: All recipients had adequate access, though their relationships with the Registrant, to information about the Registrant.
+Added: 2021 Offering
+Added: On June 5, 2021, we issued 20,000 shares of common
+Added: stock pursuant to an advisory agreement.
+Added: On June 10, 2021, we issued an aggregate of 511,278
+Added: shares of common stock pursuant to three individual Advisory Agreements, which includes an additional 164,108 shares to Mr.
+Added: who is one of our directors.
+Added: On June 10, 2021, we issued an aggregate of 99,414
+Added: shares of common stock pursuant to an Omnibus Equity Agreement, pursuant to which each of the signatories pursuant thereto agreed to
+Added: convert his/her shares issuable under his/her respective Simple Agreements for Future Equity agreements into shares of our common stock
+Added: at the close of the Merger.
+Added: On June 10, 2021, we entered into an amended
+Added: advisor agreement with Mr.
+Added: DenBaars to issue an additional 164,108 for the consideration amount of $2,461.62 to take on additional advisor
+Added: On June 22, 2021, pursuant to the Merger, we
+Added: issued an aggregate of 4,100,000 shares of our Common Stock in exchange for all of the shares of Biond Photonics’ shares of capital
+Added: stock issued and outstanding immediately prior to the Merger.
+Added: On July 1, 2021, we sold 115,000 common
+Added: stock shares at a purchase price of $2.00 per share in a private placement offering for net proceeds (after deducting offering costs
+Added: of $23,070) of $206,930 and issued 11,500 warrants to purchase common stock to GP Nurmenkari Inc., who acted as the placement
+Added: agent for this private placement offering.
+Added: 2022 Offering
+Added: On November 7, 2022,
+Added: we issued 150,000 shares of common stock to a consultant for providing consulting services to us.
+Added: On December 22, 2022,
+Added: we issued an aggregate of 517,000 shares of our common stock to 21 accredited investors, for aggregate gross proceeds of $1,551,000 (the
+Added: “2022 Private Offering”).
+Added: On January 10, 2023,
+Added: we held a second close of the 2022 Private Offering, pursuant to which we issued an aggregate of 214,667 shares of our common stock for
+Added: aggregate gross proceeds of $644,000.
+Added: On March 31, 2023, we
+Added: held the third closing of the 2022 Private Offering, pursuant to which we issued an aggregate of 715,665 shares of our common stock for
+Added: aggregate gross proceeds of $2,147,000.
+Added: On May 10, 2023, we
+Added: held the final closing of the 2022 Private Offering, pursuant to which we issued an aggregate of 570,166 shares of our common stock for
+Added: aggregate gross proceeds of $1,710,500.
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.