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 quoted on the Nasdaq Global
Select Stock Market (“Nasdaq”) under the symbol “AVXL.”
Holders of Common Stock
As of November 24,
2023 , there were approximately 48 stockholders of record, and 82,086,511 shares of our common stock were issued and outstanding.
Most of our stockholders hold their shares in street name.
Dividends
We have not paid any cash dividends on our
common stock and have no intention of paying any dividends on the shares of our common stock. Our current policy is to retain earnings,
if any, for use in our operations and in the development of our business. Our future dividend policy will be determined from time
to time by our Board of Directors.
Recent Sales of Unregistered Securities
Since the beginning of our fiscal year ended
September 30, 2023, we have not sold any equity securities that were not registered under the Securities Act of 1933 that were
not previously reported in a quarterly report on Form 10-Q or in a current report on Form 8-K.
Repurchases of Equity Securities by Our
Company and Affiliated Purchasers
None.
ITEM 6 [Reserved]
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.