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 December 23, 2024, there were approximately
48 stockholders of record, and 84,815,517 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, 2024, 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.