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 is currently traded on The Nasdaq Capital Market under the trading symbol “DCGO.”
As
of March 14, 2023, there were 103 holders of record of our Common Stock.
We have not declared or paid any cash dividends on our Common Stock
to date, and we do not currently intend to pay cash dividends in the foreseeable future. The payment of cash dividends in the future will
depend on a number of factors, including our future revenues and earnings, if any, capital requirements and general financial condition.
Any future determination relating to our dividend policy will be made at the discretion of our Board. Our ability to declare dividends
may be limited by restrictive covenants we may agree to in connection with our indebtedness.
Recent Sales of Unregistered Securities
None.
Repurchases of Equity Securities
On May 24, 2022, our Board
approved a share repurchase program to purchase up to $40 million of our Common Stock (the “Program”). The Program does not
obligate us to acquire any specific number of shares and will expire on November 24, 2023, and the Program may be suspended, extended,
modified or discontinued at any time. Under the Program, repurchases can be made using a variety of methods, which may include open market
purchases, block trades, privately negotiated transactions and/or a non-discretionary trading plan, all in compliance with the rules of
the SEC and other applicable legal requirements. The timing, manner, price and amount of any common stock repurchases under the Program
are determined by us in our discretion and depend on a variety of factors, including legal requirements, price and economic and market
conditions. During the twelve months ended December 31, 2022, the Company repurchased 536,839 shares. As of December 31, 2022, approximately
$36.2 million remained available for share repurchases pursuant to the Program.
Month
Total
Number of
Shares
Purchased
Average
Price
Paid per
Share
Total Number of Shares
Purchased as Part of
Publicly Announced
Plans or Programs
Approximate
Dollar Value of
Shares That May
Yet Be Purchased
Under the Plans
or Programs
October 1 through 31, 2022
-
$ -
-
$ 39,502,000
November 1 through 30, 2022
193,927
6.88
193,927
$ 38,168,568
December 1 through 31, 2022
272,912
7.10
272,912
$ 36,231,296
466,839
$ 6.98
466,839
$ 36,231,296
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.