4 unchanged sentences
As of February 26, 2024, there were 7,518 holders of record of our common stock.
+Added: This number of holders of record does not represent the actual number of beneficial owners of our common stock because shares of common stock are frequently held in “street name” by securities dealers and others for the benefit of individual owners who have the right to vote their shares.
We have not paid any cash dividends on our common stock to date.
Any decision to declare and pay dividends in the future will be made at the discretion of our Board of Directors and will depend on, among other things, our results of operations, financial condition, cash requirements, contractual restrictions, statutory requirements, and other factors that our Board of Directors may deem relevant.
−Removed: Currently, our Amended and Restated Credit Agreement limits our ability to pay cash dividends.
+Added: Currently, our Revolving Credit Agreement limits our ability to pay cash dividends.
Accordingly, we are prohibited from declaring any cash dividends to holders of our common stock without amending or modifying the terms of our credit facility.
Purchases of Equity Securities by the Issuer or Affiliated Purchasers
−Removed: We may, from time to time, purchase our outstanding shares of common stock through cash purchases and/or exchanges for equity or debt, in open-market purchases, privately negotiated transactions or otherwise.
−Removed: Such purchases or exchanges, if any, will be upon such terms and at such prices as we may determine, and will depend on prevailing market conditions, our liquidity requirements, legal and regulatory considerations, contractual restrictions and other factors.
−Removed: Purchases, if any, will be funded through our available cash from operations.
−Removed: The amounts involved may be material.
−Removed: Fiscal Period
−Removed: Total Number of Shares Purchased
−Removed: Average Price Paid per Share
−Removed: Total Number of Shares Purchased as Part of Publicly Announced Plans
−Removed: Approximate Dollar Value of Shares that May Yet Be Purchased Under Publicly Announced Plans
−Removed: October 1-31, 2022
−Removed: November 1-30, 2022 (1)
−Removed: December 1-31, 2022
−Removed: (1) On November 8, 2022, the Board of Directors approved the repurchase, directly from the selling stockholders, of 1,500,000 shares of the Company’s common stock.
−Removed: The repurchase was made pursuant to that certain Share Repurchase Agreement, dated November 14, 2022, by and among the Company and Green Equity Investors CF, L.P., Green Equity Investors Side CF, L.P., LGP Associates CF, LLC and Florida Growth Fund LLC, at a price of $14.8025 per share for a total of $22,203,750.
−Removed: The repurchase was funded through cash on hand and the shares were retired.
+Added: During the year ended December 31, 2023, we did not purchase any of our outstanding shares of common stock.
Recent Sales of Unregistered Securities
1 unchanged sentence
The following graph compares the cumulative total stockholder return for (i) our common stock, (ii) the Standard & Poor’s 500 Stock Index (“S&P 500”) and (iii) the S&P 500 Aerospace & Defense Index (“S&P A&D”) for the period from February 28, 2019, the first day Monocle’s common stock was traded following its initial public offering, through December 31, 2023.
−Removed: For the period between February 28, 2019 through December 22, 2020 the figures relate to Monocle’s common stock, and for the period between December 23, 2020 through December 31, 2020, the figures relate to AerSale Corporation’s common stock.
+Added: For the period between February 28, 2019 through December 22, 2020 the figures relate to Monocle’s common stock, and for the period between December 23, 2020 through December 31, 2023, the figures relate to AerSale’s common stock.
The graph assumes an initial investment of $100 in Monocle’s common stock and in each of the S&P 500 and S&P A&D at the market close on February 28, 2019, and assumes reinvestment of dividends.
−Removed: This performance graph shall not be deemed “soliciting material” or to be “filed” with the SEC for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any filing of AerSale Corporation under the Securities Act or the Exchange Act.
+Added: This performance graph shall not be deemed “soliciting material” or to be “filed” with the SEC for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any filing of AerSale under the Securities Act or the Exchange Act.
The information required by Item 5 with respect to securities authorized for issuance under equity compensation plans is incorporated herein by reference to Part III, Item 12 of this Form 10-K.
−Removed: ITEM 6 [RESERVED.]
+Added: ITEM 6 [RESE RVED]
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.