Unregistered Sales of Equity Securities and Use of Proceeds.
−Removed: The following table provides information with respect to the shares of the Company’s common stock repurchased during the three months ended August 31, 2024:
+Added: The following table provides information with respect to the shares of the Company’s common stock repurchased during the three months ended November 30, 2024:
Issuer Purchases of Equity Securities
3 unchanged sentences
or Programs (2)
−Removed: June 1, 2024 - June 30, 2024 8,118 $ 6.10 — $ —
−Removed: July 1, 2024 - July 31, 2024 86,605 $ 6.68 72,141 $ 14,448,871
−Removed: August 1, 2024 - August 31, 2024 — $ — — $ —
+Added: September 1, 2024 - September 30, 2024 — $ 7.49 — $ —
+Added: October 1, 2024 - October 31, 2024 — $ 6.62 171,706 $ 13,331,054
+Added: November 1, 2024 - November 30, 2024 733 $ 6.97 — $ —
Total 733 $ 6.97 171,706 13,331,054
(1) These shares were purchased from employees to satisfy tax withholding requirements on the vesting of restricted shares/units from equity-based awards.
−Removed: (2) The Company has $15.0 million available to repurchase under the Repurchase Program that was approved by the Board of Directors and announced on July 16, 2024.
−Removed: The timing and amount of any share repurchases under the authorization will be determined by management at its discretion and based on market conditions and other considerations.
+Added: (2) The Repurchase Program that was approved by the Board of Directors and announced on July 16, 2024 permits the Company to repurchase up to $15.0 million of its outstanding common stock.
+Added: The timing and amount of any share repurchases under the authorization will be determined by management within certain parameters and based on market conditions and other considerations.
Defaults on Senior Securities.
1 unchanged sentence
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.