MARKET FOR THE COMPANY’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES
−Removed: There is no established public trading market for our common stock.
−Removed: As of March 28, 2022, US Holding owns 100% of our outstanding common stock.
−Removed: We do not currently anticipate declaring or paying regular cash dividends on our common stock in the near term.
+Added: Market Information
+Added: Our stock is listed on the Nasdaq and the Tel Aviv Stock Exchange under the symbol “DRS”.
+Added: We do not currently, nor do we expect to in the future, pay quarterly cash dividends.
+Added: Such payments are at the discretion of our Board and will depend upon our financial condition, results of operations, capital requirements, alternative uses of capital and other factors that our Board may consider at its discretion.
+Added: See Item 7, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in this Report.
+Added: Holders of Common Stock
+Added: The Transfer Agent and Registrar for our common stock is American Stock Transfer LLC located at 6201 15th Avenue, Brooklyn, NY 11219.
+Added: On March 27, 2023 there were 42 registered holders of record of our common stock.
+Added: Common Stock Share Repurchase Program
+Added: We do not currently have a common stock share repurchase program.
+Added: Performance Graph
+Added: The following graph compares the cumulative total stockholder return, from November 29, 2022, the date our common stock began trading on the Nasdaq, through December 31, 2022 for our common stock, the Standard & Poor’s 500 Index (the “S&P 500 Index”) and the Standard & Poor’s Aerospace & Defense Select Industry Index (the “S&P A&D Select Industry Index”).
+Added: For purposes of this comparison, we have assumed that dividends have been reinvested, and the returns of each company in the S&P 500 Index and the S&P A&D Select Industry Index have been weighted to reflect relative stock market capitalization.
+Added: The following performance graph does not constitute soliciting material and should not be deemed filed or incorporated by reference into any other previous or future filings by us under the Securities Act or the Exchange Act, except to the extent that we specifically incorporate the performance graph by reference therein.
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.