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 for Common Stock
Our common stock and publicly-traded warrants are trading on the Nasdaq
Capital Market under the ticker symbols “SQL” and “SQLLW,” respectively.
Holders
As of March 1, 2023, there were approximately 17
stockholders of record, according to the records of our transfer agent, and an unknown number of additional holders of common stock held
in ’street name’.
Dividends
We have not declared any common stock dividends to date. We have no
present intention of paying any cash dividends on our common stock in the foreseeable future, as we intend to use earnings, if any, to
generate growth. The payment by us of dividends, if any, in the future, is within the discretion of our board of directors and will depend
upon, among other things, our earnings, capital requirements and financial condition, as well as other relevant factors. There are no
material restrictions in our Certificate of Incorporation, as amended, or Bylaws that restrict us from declaring dividends.
Unregistered Sales of Equity Securities
None.
Issuer Purchases of Equity Securities
None.
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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.