Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
+Added: Market Information
Our common stock is listed on The Nasdaq Capital Market under the symbol “ERNA.”
−Removed: As of March 20, 2023, there were approximately 145 stockholders of record based on the actual number of holders registered on
−Removed: our books at such date.
+Added: Holders of Common Stock
+Added: As of March 12, 2024, there were approximately 155 stockholders of record.
+Added: The number of stockholders of record is based upon the actual number of holders registered on our books at such date.
+Added: substantially greater number of holders of our common stock are “street name” or beneficial holders, whose shares are held by banks, brokers and other financial institutions.
+Added: Preferred Stock
We have 156,112 shares of Series A Preferred Stock issued and outstanding.
−Removed: The Series A Preferred Stock provides for a cumulative annual dividend of 10 cents per share, payable in
−Removed: semi-annual installments in June and December.
+Added: The Series A Preferred Stock provides for a cumulative annual dividend of 10 cents per share, payable in semi-annual
+Added: installments in June and December.
Dividends may be paid in cash or in shares of our common stock.
In 2023, we paid approximately $16,000 in cash dividends to the holders of our Series A Preferred Stock.
−Removed: We expect to pay the
−Removed: dividends on our Series A Preferred Stock in accordance with its terms, though we may elect to pay the dividend in shares of our common stock in the future.
+Added: We expect to pay the dividends on our
+Added: Series A Preferred Stock in accordance with its terms.
+Added: Dividend Policy
We have not declared or paid any cash dividends on our common stock.
−Removed: No cash dividends have been previously paid on our common stock and none are anticipated in 2023.
−Removed: For information regarding securities authorized for issuance under our equity compensation plans, see Part III, Item 12, “Security Ownership of Certain Beneficial Owners and Management and Related
−Removed: Stockholder Matters.”
+Added: We currently do not anticipate paying any cash dividends in the foreseeable future.
+Added: Any future determination to declare cash
+Added: dividends will be made at the discretion of our board of directors, subject to applicable laws and contractual limitations, and will depend on our financial condition, results of operations, capital requirements, general business conditions and
+Added: other factors that our board of directors may deem relevant.
+Added: Securities Authorized for Issuance under Equity Compensation Plans
+Added: Information about our equity compensation plans is incorporated herein by reference to Item 12 of Part III of this report.
+Added: Recent Sales of Unregistered Securities
+Added: We did not sell any unregistered securities during the period covered by this report that were not previously reported in a Quarterly Report on Form 10-Q or Current Report on Form 8-K.
+Added: Issuer Purchases of Equity Securities
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.