Item 5. Market for Registrant’s Common Equity
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
Market
for Common Equity
Our
common stock is listed on the Nasdaq Global Market under the symbol “CRMD.”
Based
upon information furnished by our transfer agent, at March 7, 2024, we had approximately 65
holders of record of our common stock.
Dividend
Policy
We
have never declared dividends on our equity securities, and currently do not plan to declare dividends on shares of our common stock
in the foreseeable future. We expect to retain our future earnings, if any, for use in the operation and expansion of our business. Subject
to applicable law and the Company’s charter and bylaws and the terms of any preferred stock, the payment of cash 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, capital requirements,
our overall financial condition and any other factors deemed relevant by our Board of Directors.
Equity
Compensation Plan Information
A
table with information about our common stock that may be issued upon the exercise of options, warrants and rights under all our existing
equity compensation plans is found in Item 12 of the report under the heading “Equity Compensation Plan Information.”
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.