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
Market Information
As of the date of this Annual Report, our common stock is not listed on a national securities exchange, an over-the-counter market or any other exchange, and therefore there is no established public trading market for our common stock. We have applied to have our common stock quoted on the OTCQB. However, we cannot assure you that our common stock will be listed on any national securities exchange or quoted on the OTCQB and, even if it is, there can be no assurance that our common stock will continue to be listed on any national securities exchange or quoted on the OTCQB, or that an active trading market for our common stock will develop or continue. See Item 1A, “ Risk Factors— There is currently no public trading market for our common stock, and one may not develop .”
Holders of Record
As of March 31, 2026, we had 372 holders of record of our common stock.
Dividend Policy
We have never declared or paid any cash dividends on our capital stock, and we do not anticipate paying any cash dividends in the foreseeable future. The payment of dividends, if any, in the future is within the discretion of our board of directors, subject to applicable laws, and will depend on our earnings, capital requirements and financial condition and other relevant facts. We currently intend to retain all future earnings, if any, to finance the development and growth of our business.
Recent Sales of Unregistered Securities
During the fiscal year ended December 31, 2025, we did not have sales of unregistered securities other than those already disclosed in our previously filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
None.
ITEM 6. [Reserved]
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