Item 5. Market for Registrant’s Common Equity
ITEM
5. MARKET FOR COMMON EQUITY AND RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
Information
with Respect to our Common Stock and Tradeable Warrants
Our
common stock is publicly traded on the Nasdaq Capital Market, or Nasdaq, and began trading under the symbol “BFRG” on February
14, 2023. Our tradeable warrants are traded on Nasdaq and began trading under the symbol “BFRGW” on February 14, 2023.
Holders
of Record
As
of the date of this filing, we had 21 shareholders of record of our common stock. This number does not include beneficial owners whose
shares are held by nominees in street name.
Dividend
Policy
Holders
of common stock are entitled to receive ratably such dividends, if any, as may be declared by the Board of Directors out of funds legally
available. We have not paid any dividends since our inception, and we presently anticipate that all earnings, if any, will be retained
for the development of our business. Any future disposition of dividends will be at the discretion of our Board of Directors and will
depend upon, among other things, our future earnings, operating and financial condition, capital requirements, and other factors.
Recent
Sales of Unregistered Securities
Other
than as previously reported in the Company’s Current Reports on Form 8-K, there were no unregistered sales of equity securities
during the year ended December 31, 2025.
Securities
Authorized for Issuance under Equity Compensation Plans
The
information required by this item with respect to securities authorized for issuance under equity compensation plans is set forth in
Part III, Item 12 of this Annual Report on Form 10-K, and is incorporated herein by reference.
Issuer
Purchases of Equity Securities
We
did not repurchase any of our equity securities during the year ended December 31, 2025.
ITEM
6. [RESERVED]
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