Item 2. Unregistered Sales of Equity Securities
Item
2. Unregistered
Sales of Equity Securities and Use of Proceeds.
On
September 11, 2024, our Board of Directors (the “Board”) approved and announced the repurchase of up to $5.0 million
of outstanding shares of our common stock. The shares of our common stock may be repurchased under the authorization on the open
market or in privately negotiated transactions subject to applicable securities laws and regulations. The current repurchase authorization
does not expire and the approximate dollar value of shares that may yet be purchased under the plan as of September 30, 2024,
was approximately $464,000. The following table sets forth information concerning repurchases of shares of our common stock for
the three months ended September 30, 2024:
Period
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
July 1 – July 31, 2024
-
$ -
-
$ -
August 1 – August 31, 2024
-
$ -
-
$ -
September 1 – September 30, 2024
262,756
$ 17.26
262,756
$ 464,000
Total
262,756
262,756
16
Item
3. Defaults
Upon Senior Securities.
None.
Item
4. Mine
Safety Disclosures.
None.
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.