5 unchanged sentences
Holders of Record
−Removed: As of February 28, 2022, we had 317 holders of record of our Class A and Class B common stock.
+Added: As of March 7, 2023, we had 305 holders of record of our Class A and Class B common stock.
The actual number of stockholders is greater than this number of record holders and includes stockholders who are beneficial owners but whose shares are held in street name by brokers and other nominees.
+Added: Purchases of Equity Securities by the Issuer and Affiliated Purchasers
+Added: The following table provides information regarding share repurchases made by Cricut during the three months ended December 31, 2022:
+Added: Period Total Number of Shares Purchased (1)
+Added: Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Program Maximum Approximate Dollar Value of Shares that May Yet Be Purchased Under the Program
+Added: (in thousands)
+Added: October 1, 2022 through October 31, 2022 8,836 $8.94 8,836 $40,002
+Added: November 1, 2022 through November 30, 2022 339,793 $8.36 339,793 $37,163
+Added: December 1, 2022 through December 31, 2022 621,991 $9.12 621,991 $31,491
+Added: Total 970,620 $8.85 970,620 $31,491
+Added: (1) On August 9, 2022, we announced that our Board of Directors had approved a common stock repurchase program under which we may purchase shares of our outstanding Class A common stock up to an aggregate transactional value of $50 million, depending on our continuing analysis of market, financial, and other factors.
+Added: The share repurchase program may be suspended or discontinued at any time and does not have a predetermined expiration date.
Dividend Policy
−Removed: In September 2020, we paid a cash dividend to holders of our common stock totaling $51.2 million.
−Removed: We do not currently intend to pay any cash dividends on our common stock in the foreseeable future.
−Removed: We currently intend to retain all available funds and any future earnings to support operations and to finance the growth and development of our business.
+Added: On December 21, 2022, we declared a $0.35 per share special dividend payable February 15, 2023, for stockholders of record on February 1, 2023;
+Added: however, we have not adopted a dividend policy and may not pay any other dividends in the foreseeable future.
Any future determination to pay dividends on our common stock will be made at the discretion of our board of directors subject to applicable laws, and will depend upon, among other factors, our results of operations, financial condition, contractual restrictions and capital requirements.
2 unchanged sentences
This performance graph shall not be deemed “soliciting material” or to be “filed” with the Securities and Exchange Commission, or the SEC, for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or the Exchange Act, or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any of our filings under the Securities Act of 1933, as amended, or the Securities Act.
−Removed: The following graph compares (i) the cumulative total stockholder return on our Class A common stock from March 25, 2021 (the date our Class A common stock commenced trading on the Nasdaq) through December 31, 2021 with (ii) the cumulative total return of the Nasdaq Composite Index and the S&P MidCap 400 Index over the same period, assuming the investment of $100 in our Class A common stock and in each index on March 25, 2021 and the reinvestment of dividends.
+Added: The following graph compares (i) the cumulative total stockholder return on our Class A common stock from March 25, 2021 (the date our Class A common stock commenced trading on the Nasdaq) through December 31, 2022 with (ii) the cumulative total return of the Nasdaq Composite Index and the S&P Mid Cap 400 Index over the same period, assuming the investment of $100 in our Class A common stock and in each index on March 25, 2021 and the reinvestment of dividends.
The graph uses the closing market price on March 25, 2021 of $17.80 per share as the initial value of our Class A common stock.
1 unchanged sentence
Unregistered Sales of Equity Securities
−Removed: Issuer Purchases of Equity Securities
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.