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 for Common Stock
Our common stock began trading on the Nasdaq Capital
Market on December 28, 2021 under the symbol “FNGR”, and before that it traded on the OTCQX operated by OTC Markets Group
Inc. under the symbol “FNGR”. Trading volume in our shares may be sporadic and the price could experience volatility. The
following table sets forth the high and low bid prices relating to our common stock for the periods indicated as quoted by the Nasdaq
Capital Market. These quotations reflect inter-dealer prices without retail mark-up, mark-down, or commissions, and may not reflect actual
transactions.
Quarter Ended
High Bid
Low Bid
February 29, 2025
$ 2.70
$ 1.03
November 30, 2024
$ 2.46
$ 1.79
August 31, 2024
$ 3.26
$ 1.63
May 31, 2024
$ 3.96
$ 1.92
February 29, 2024
$ 4.50
$ 2.05
November 30, 2023
$ 7.97
$ 3.88
August 31, 2023
$ 7.16
$ 1.30
May 31, 2023
$ 2.50
$ 1.01
February 28, 2023
$ 4.66
$ 1.39
On May 23, 2025, the last reported sale price
of our common stock on the Nasdaq Capital Market was $4.08 per share.
Transfer Agent for Common Shares
The Registrar and Transfer Agent for our shares
of common stock is VStock Transfer, LLC located at 18 Lafayette Place, Woodmere, New York, U.S.A., 11598.
Holders of Common Shares
As of May
23, 2025, there were approximately 335 holders of record of our common stock as reported by our transfer agent, VStock Transfer, LLC,
which does not include shareholders whose shares are held in street or nominee names.
Dividends
We have never declared or paid any cash dividends
on our capital stock. We intend to use the net proceeds from any offerings of our securities and our future earnings, if any, to finance
the further development and expansion of our business and do not intend or expect to pay cash dividends in the foreseeable future. Payment
of future cash dividends, if any, will be at the discretion of our board of directors after taking into account various factors, including
our financial condition, operating results, current and anticipated cash needs, outstanding indebtedness, and plans for expansion and
restrictions imposed by lenders, if any.
Recent Sales of Unregistered Securities
Year Ended February 28, 2025
All sales of unregistered securities during the
fiscal year ended February 28, 2025 have been previously reported.
Subsequent to the Year Ended February 28,
2025
On March 3, 2025, we issued 27,500 shares of our
common stock at a deemed price of $1.86 per share to one entity pursuant to a consulting agreement. We relied upon the exemption from
registration under the Securities Act provided by Rule 506(b) of Regulation D and/or Section 4(a)(2) of the Securities Act for the issuance
of the shares to the entity that is a U.S. person.
On May 28, 2025, we issued an aggregate of 940,000
shares of our common stock at a price of $2.50 per share to eight individuals due to the closing of a private placement for aggregate
gross proceeds of $2,350,000. We relied upon the exemption from registration under the Securities Act, provided by Rule 903 of Regulation
S promulgated under the Securities Act for the issuance of the shares to the non-U.S. persons as the shares were issued to the non-U.S.
persons through offshore transactions which were negotiated and consummated outside the United States. The proceeds from the private placement
offering will be used for general corporate and working capital purposes.
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In connection with the closing of the private
placement on May 28, 2025, we paid cash finder’s fees of $235,000 to one non-U.S. individual.
Issuer Repurchases of Equity Securities
We did not repurchase any of our outstanding securities
during the fiscal year ended February 28, 2025.
ITEM 6. [ Reserved ]