−Removed: Market for Registrant’s Common
−Removed: Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
+Added: Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market Information
−Removed: Our common stock trades on the OTCQB system under
−Removed: the symbol “ALMU.” Our CUSIP number is 00776X.
−Removed: There is currently limited trading volume for our Common Stock.
+Added: Our common stock trades
+Added: on the OTCQB system under the symbol “ALMU.” Our CUSIP number is 00776X.
+Added: There is currently limited trading volume for our
+Added: Common Stock.
Holders of Record
−Removed: of September 21, 2023, we had 12,167,930 shares of our common stock outstanding held by approximately 126 stockholders of record.
+Added: As of September 25,
+Added: 2024, we had 12,178,424 shares of our common stock outstanding held by approximately 99 stockholders of record.
Dividend Policy
−Removed: We have never paid any cash dividends on our
−Removed: capital stock and do not anticipate paying any cash dividends on our common stock in the foreseeable future.
−Removed: We intend to retain future
−Removed: earnings to fund ongoing operations and future capital requirements.
−Removed: Any future determination to pay cash dividends will be at the discretion
−Removed: of our board of directors and will be dependent upon financial condition, results of operations, capital requirements and such other
−Removed: factors as the board of directors deems relevant.
−Removed: Recent Sales of Unregistered Securities
−Removed: During the periods covered by this Report, we
−Removed: have not issued unregistered securities to any person, except as described below.
−Removed: None of these transactions involved any underwriters,
−Removed: underwriting discounts or commissions, except as specified below, or any public offering, and, unless otherwise indicated below, the
−Removed: Registrant believes that each transaction was exempt from the registration requirements of the Securities Act by virtue of Section 4(a)(2)
−Removed: thereof and/or Rule 506 of Regulation D promulgated thereunder, and/or Regulation S promulgated thereunder regarding offshore offers
+Added: We have never paid any
+Added: cash dividends on our capital stock and do not anticipate paying any cash dividends on our common stock in the foreseeable future.
+Added: intend to retain future earnings to fund ongoing operations and future capital requirements.
+Added: Any future determination to pay cash dividends
+Added: will be at the discretion of our board of directors and will be dependent upon financial condition, results of operations, capital requirements
+Added: and such other factors as the board of directors deems relevant.
+Added: Recent Sales of Unregistered
+Added: During the periods covered
+Added: by this Report, we have not issued unregistered securities to any person, except as described below.
+Added: None of these transactions involved
+Added: any underwriters, underwriting discounts or commissions, except as specified below, or any public offering, and, unless otherwise indicated
+Added: below, the Registrant believes that each transaction was exempt from the registration requirements of the Securities Act by virtue of
+Added: Section 4(a)(2) thereof and/or Rule 506 of Regulation D promulgated thereunder, and/or Regulation S promulgated thereunder regarding offshore
+Added: offers and sales.
All recipients had adequate access, though their relationships with the Registrant, to information about the Registrant.
−Removed: 2021 Offering
−Removed: On June 5, 2021, we issued 20,000 shares of common
−Removed: stock pursuant to an advisory agreement.
−Removed: On June 10, 2021, we issued an aggregate of 511,278
−Removed: shares of common stock pursuant to three individual Advisory Agreements, which includes an additional 164,108 shares to Mr.
−Removed: who is one of our directors.
−Removed: On June 10, 2021, we issued an aggregate of 99,414
−Removed: shares of common stock pursuant to an Omnibus Equity Agreement, pursuant to which each of the signatories pursuant thereto agreed to
−Removed: convert his/her shares issuable under his/her respective Simple Agreements for Future Equity agreements into shares of our common stock
−Removed: at the close of the Merger.
−Removed: On June 10, 2021, we entered into an amended
−Removed: advisor agreement with Mr.
−Removed: DenBaars to issue an additional 164,108 for the consideration amount of $2,461.62 to take on additional advisor
−Removed: On June 22, 2021, pursuant to the Merger, we
−Removed: 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
−Removed: stock issued and outstanding immediately prior to the Merger.
−Removed: On July 1, 2021, we sold 115,000 common
−Removed: stock shares at a purchase price of $2.00 per share in a private placement offering for net proceeds (after deducting offering costs
−Removed: of $23,070) of $206,930 and issued 11,500 warrants to purchase common stock to GP Nurmenkari Inc., who acted as the placement
−Removed: agent for this private placement offering.
−Removed: 2022 Offering
On November 7, 2022,
2 unchanged sentences
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
−Removed: “2022 Private Offering”).
On January 10, 2023,
−Removed: 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
−Removed: aggregate gross proceeds of $644,000.
+Added: we held a second close of the Offering, pursuant to which we issued an aggregate of 214,667 shares of our common stock for aggregate gross
+Added: proceeds of $644,000.
On March 31, 2023, we
−Removed: 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
−Removed: aggregate gross proceeds of $2,147,000.
−Removed: On May 10, 2023, we
−Removed: 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
−Removed: aggregate gross proceeds of $1,710,500.
+Added: held the third closing of the Offering, pursuant to which we issued an aggregate of 715,665 shares of our common stock for aggregate gross
+Added: proceeds of $2,147,000.
+Added: On May 10, 2023, we held
+Added: the final closing of the Offering, pursuant to which we issued an aggregate of 570,166 shares of our common stock for aggregate gross
+Added: 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.