Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
−Removed: Market for Common Equity
−Removed: Our common stock trades on
−Removed: the Nasdaq Global Market under the symbol “CRMD.”
−Removed: Based upon information furnished by our transfer
−Removed: agent, at March 25, 2022, we had approximately 272 holders of record of our common stock.
−Removed: A comparison of the performance of our common
−Removed: stock is found in Item 12 of the report under the heading “Stock Performance Graph.”
−Removed: Dividend Policy
−Removed: We have never declared dividends on our equity
−Removed: securities, and currently do not plan to declare dividends on shares of our common stock in the foreseeable future.
−Removed: We expect to retain
−Removed: our future earnings, if any, for use in the operation and expansion of our business.
−Removed: Further, pursuant to the terms of our Series C-3,
−Removed: E and G Non-Voting Convertible Preferred Stock, we may not declare or pay any dividends or make any distributions on any of our shares
−Removed: or other equity securities as long as any of those preferred shares remain outstanding.
−Removed: Subject to the foregoing, the payment of cash
−Removed: dividends in the future, if any, will be at the discretion of our Board of Directors and will depend upon such factors as earnings levels,
−Removed: capital requirements, our overall financial condition and any other factors deemed relevant by our Board of Directors.
−Removed: Equity Compensation Plan Information
−Removed: The following table provides
−Removed: information as of December 31, 2021 about our common stock that may be issued upon the exercise of options, warrants and rights under
−Removed: all of our existing equity compensation plans (including individual arrangements):
−Removed: Plan Category
−Removed: Number of securities
−Removed: to be issued upon
−Removed: exercise of outstanding
−Removed: options, warrants and
−Removed: Weighted-average
−Removed: exercise price of
−Removed: outstanding options,
−Removed: warrants and rights
−Removed: securities remaining
−Removed: available for future issuance
−Removed: under equity compensation
−Removed: plans (excluding securities
−Removed: reflected in column (a)
−Removed: Equity compensation plans approved by security holders (1)
−Removed: 3,358,131 (2)
−Removed: (1) Our 2013 Stock Incentive Plan was approved by our stockholders on July
−Removed: Our 2019 Omnibus Stock Incentive Plan was approved by our stockholders on November 26, 2019.
−Removed: (2) Consist of underlying stock options.
−Removed: (3) Applicable to shares underlying outstanding stock options only.
−Removed: Not applicable.
+Added: for Common Equity
+Added: common stock is listed on the Nasdaq Global Market under the symbol “CRMD.”
+Added: upon information furnished by our transfer agent, at March 15, 2023, we had approximately 272 holders of record of our common stock.
+Added: A comparison of the performance of our common stock is found in Item
+Added: 12 of this Annual Report on Form 10-K under the heading “Stock Performance Graph.”
+Added: have never declared dividends on our equity securities, and currently do not plan to declare dividends on shares of our common stock
+Added: in the foreseeable future.
+Added: We expect to retain our future earnings, if any, for use in the operation and expansion of our business.
+Added: pursuant to the terms of our Series C-3 Non-Voting Convertible Preferred Stock, Series E and G Voting Convertible Preferred Stock, we
+Added: may not declare or pay any dividends or make any distributions on any of our shares or other equity securities as long as any of those
+Added: preferred shares remain outstanding.
+Added: Subject to the foregoing, the payment of cash dividends in the future, if any, will be at the discretion
+Added: of our Board of Directors and will depend upon such factors as earnings levels, capital requirements, our overall financial condition
+Added: and any other factors deemed relevant by our Board of Directors.
+Added: Compensation Plan Information
+Added: A table with information about our common stock that may be issued
+Added: upon the exercise of options, warrants and rights under all our existing equity compensation plans is found in Item 12 of this Annual
+Added: Report on Form 10-K under the heading “Equity Compensation Plan Information.”
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.