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
Shares
of our common stock trade in the Pink Sheets market, and quotations for the common stock are listed in the “Pink Sheets”
produced by the OTC Markets under the symbol “HGYN”.
The
following table sets forth, for the respective periods indicated, the prices of our common stock in this market as reported and summarized
by the National Quotation Bureau. Such prices are based on inter-dealer bid and ask prices, without markup, markdown, commissions, or
adjustments, and may not represent actual transactions.
Year ended December 31, 2024
High
Low
First Quarter
$ 0.13
$ 0.03
Second Quarter
0.15
0.03
Third Quarter
0.08
0.01
Fourth Quarter
0.04
0.01
7
Year ended December 31, 2025
High
Low
First Quarter
$ 0.13
$ 0.03
Second Quarter
0.003
0.002
Third Quarter
0.045
0.003
Fourth Quarter
0.05
0.02
Year ended December 31, 2026
High
Low
First Quarter
$ 0.15
$ 0.02
Holders
As
of December 31, 2025, there were 202 holders of record; however, we estimate that the number of beneficial holders of our shares of common
stock is approximately 290. In many instances, a registered stockholder is a broker or other entity holding shares in street name for
one or more customers who beneficially own the shares.
Dividends
We
have never paid cash dividends and have no plans to do so in the foreseeable future. Our board of directors will determine our future
dividend policy, which will depend on several factors, including our financial condition and performance, our cash needs and expansion
plans, income tax consequences, and the restrictions that applicable laws, any future preferred stock instruments, and any future credit
arrangements may impose.
Issuer
Purchases of Equity Securities
None.
Securities
Authorized for Issuance under Equity Compensation Plans
The
Company does not have any equity compensation plans or any individual compensation arrangements with respect to its Common Stock or Preferred
Stock. The issuance of any of our Common Stock or Preferred Stock is within the discretion of our Board of Directors, which has the power
to issue any or all of our authorized but unissued shares without stockholder approval.
Recent
Sales of Unregistered Equity Securities
None.
Item
6
Selected
Financial Data.
This
item is inapplicable because we are a “smaller reporting company” as defined in Exchange Act Rule 12b-2.
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.