What changed in this filing

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Item 5. Market for Registrant’s Common Equity

2025-03-12 compared with 2024-03-14 · 29 added, 26 removed, 0 unchanged (100% of the section changed)

Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Market Information

Our common stock is listed on The Nasdaq Capital Market under the symbol “ERNA.”

Holders of Common Stock

As of March 12, 2024, there were approximately 155 stockholders of record.

The number of stockholders of record is based upon the actual number of holders registered on our books at such date.

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.

Preferred Stock

We have 156,112 shares of Series A Preferred Stock issued and outstanding.

The Series A Preferred Stock provides for a cumulative annual dividend of 10 cents per share, payable in semi-annual

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.

We expect to pay the dividends on our

Series A Preferred Stock in accordance with its terms.

Dividend Policy

We have not declared or paid any cash dividends on our common stock.

We currently do not anticipate paying any cash dividends in the foreseeable future.

Any future determination to declare cash

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

other factors that our board of directors may deem relevant.

Securities Authorized for Issuance under Equity Compensation Plans

Information about our equity compensation plans is incorporated herein by reference to Item 12 of Part III of this report.

Recent Sales of Unregistered Securities

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.

Issuer Purchases of Equity Securities

for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of

Equity Securities

common stock is listed on The Nasdaq Capital Market under the symbol “ERNA.”

of Common Stock

of March 10, 2025, there were approximately 146 stockholders of record of our common stock.

The number of stockholders of record is

based upon the actual number of holders registered on our books at such date.

A 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.

have 156,112 shares of Series A Preferred Stock issued and outstanding.

The Series A Preferred Stock provides for a cumulative annual

dividend of 10 cents per share, payable in semi-annual installments in June and December.

Dividends may be paid in cash or in shares

of our common stock.

In 2024, we paid approximately $8,000 in cash and issued approximately 11,000 shares of common stock as payment

of the dividends to the holders of our Series A Preferred Stock.

We expect to pay the dividends on our Series A Preferred Stock in accordance

with its terms.

have not declared or paid any cash dividends on our common stock.

We currently do not anticipate paying any cash dividends in the foreseeable

Any future determination to declare cash 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 other factors that our board of directors may deem relevant.

Authorized for Issuance under Equity Compensation Plans

about our equity compensation plans is incorporated herein by reference to Item 12 of Part III of this report.

Sales of Unregistered Securities

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.

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.

What changed 10-K

Item 5. Market for Registrant’s Common Equity