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 has been listed since July 23, 2014 and is trading on the Nasdaq Global Market under the symbol “MTBC”.
37
Common
Stockholders
As
of February 28, 2022, there were approximately 7,800 holders of record of our common stock.
Dividends
on Common Stock
We
have not declared a cash dividend on our common stock since we became public on July 23, 2014, and currently we do not anticipate paying
any cash dividends to holders of our common stock in the foreseeable future. The Company is prohibited from paying any dividends on common
stock without the prior written consent of its senior lender, SVB.
Sales
of Unregistered Securities
There
was no sale of unregistered equity securities during the year ended December 31, 2021.
Purchases
of Equity Securities by the Issuer and Affiliated Purchasers
There
was no share repurchase activity during the three months ended December 31, 2021.
Securities
Authorized for Issuance under the Equity Compensation Plan
As
of December 31, 2021, the following table shows the number of securities to be issued upon vesting under the equity compensation plan
approved by the Company’s Board of Directors.
Equity
Compensation Plan Information
Plan
Category
Number
of securities to be issued upon vesting
Number
of securities remaining available for future issuance under equity incentive plan (excluding securities to be issued upon vesting)
Equity
compensation plan approved by security holders - common shares
331,039
1,191,383
Equity
compensation plan approved by security holders - preferred shares
34,000
320,065
Total
365,039
1,511,448
Item
6. [Reserved]
38
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