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 currently listed on NYSE American under the symbol “ATCH.” Our Public Warrants trade on the over-the-counter (“OTC”) market under the symbol “ATCHW.”
Holders
As of September 25, 2025, there were 300 holders of record of our Common Stock, and 46 holders of record of our warrants. A substantially greater number of holders are “street name” or beneficial holders, whose shares of record are held by banks, brokers, and other financial institutions.
Dividends
We have not paid any cash dividends on our Common Stock to date. It is the present intention of our Board to retain all earnings, if any, for use in our business operations and, accordingly, our Board does not anticipate declaring any dividends in the foreseeable future.
Unregistered Sales of Equity Securities
On July 17, 2025, the Company issued 800,000 shares of Common Stock to Sandip I. Patel, P.A., a law firm that is wholly owned by Sandip I. Patel, our director, as consideration for legal and consulting services provided to the Company. The shares were valued based on the closing price of the date of issuance of $0.21 for total retainer value amount of $169,920.
On August 11, 2025, the Company issued 200,000 shares of Common Stock as consideration for $40,000 in open invoices to Dynamic Global Strategies, our transfer agent.
The information set forth in the section titled “ Management’s Discussion and Analysis of Financial Condition and Results of Operations ” above with respect to the issuances under the headings, “ Financing Arrangements –August 2024 Securities Purchase Agreement ;” “ Expense Settlements – Locbox Technologies, Inc.; ” “Expense Settlements – Longside Ventures LLC ” and “ Expense Settlements – Stock Promotion Agreement ” is incorporated by reference herein.
The shares of Common Stock have been or will be issued pursuant to each of the respective agreements in reliance upon the exemption from registration provided under Section 4(a)(2) and/or Rule 506 of Regulation D of the Securities Act in transactions not requiring registration under the Securities Act.
Item 6. [Reserved]
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Table of Contents
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