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 listed
on The NASDAQ Capital Market under the symbol “ALZN”.
Holders of Record
As of July 24, 2023, there were approximately 119 stockholders of record
of our common stock. The actual number of stockholders is greater than this number of record holders and includes stockholders who are
beneficial owners but whose shares are held in street name by brokers and other nominees. This number of holders of record also does not
include stockholders whose shares may be held in trust or by other entities.
Dividend Policy
We have never declared or
paid any cash dividends on our capital stock, and we do not currently intend to pay any cash dividends on our capital stock in the foreseeable
future. We currently intend to retain all available funds and any future earnings to support operations and to finance the growth and
development of our business. Any future determination to pay dividends will be made at the discretion of our Board of Directors subject
to applicable laws and will depend upon, among other factors, our results of operations, financial condition, contractual restrictions
and capital requirements. Our future ability to pay cash dividends on our capital stock may be limited by any future debt instruments
or preferred securities.
Equity Compensation Information
The information required
by this item regarding equity compensation plans is incorporated by reference to the information set forth in Item 12 of this Annual
Report on Form 10-K.
Recent Sales of Unregistered Securities
None.
Purchases of Equity Securities by the Issuer
and Affiliated Purchasers
None.
ITEM 6. [RESERVED]
- 47 -
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.