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.
Our common stock is traded
on the NASDAQ Capital Market under the symbol “BEEM.”
On March 23, 2022, there
were approximately 220 holders of record of our common stock. Because some of our shares of common stock are held by brokers
and other institutions on behalf of stockholders, we are unable to estimate the total number of beneficial stockholders represented
by these record holders.
We have not declared or paid
any cash dividends on our common stock and do not anticipate declaring or paying any cash dividends in the foreseeable future. We can
give no assurances that we will ever have excess funds available to pay dividends.
Recent Sales of Unregistered Securities
During
the year ended December 31, 2021, we issued the securities described below without registration under the Securities Act. Unless
otherwise indicated below, the securities were issued pursuant to the private placement exemption provided by Section 4(a)(2) of the Securities
Act of 1933, as amended.
Warrants to purchase 11,989
shares of the Company’s common stock were exercised for an aggregate of $120,419.
ITEM 6.
Reserved.
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