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
Our
ordinary shares, par value $0.0001 per share, and public warrants are currently listed on Nasdaq under the symbols “HOLO”
and “HOLOW,” respectively. On March 13, 2023, the closing sale price of our ordinary shares was $2.11 per share and the closing
sale price of our public warrants was $0.13 per warrant.
Holders of Record
Immediately
after giving effect to the Business Combination, we had 50,812,035 ordinary shares issued and outstanding, and 6,020,500 warrants outstanding.
As of March 13, 2023, there were approximately 19 holders of record of our ordinary shares and two holders of record of our warrants.
Such numbers do not include beneficial owners holding our securities through nominee names. The actual number of holders of our ordinary
share and warrants may be greater than our record holders.
Dividend Policy
We have never declared or paid, and do not anticipate declaring or paying, any cash dividends on our capital stock. Any future determination as to the declaration and payment of dividends, if any, will be at the discretion of our board of directors and will depend on then-existing conditions, including our financial condition, operating results, contractual restrictions, capital requirements, business prospects and other factors that our board of directors may deem relevant.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
There
were no purchases of equity securities by the issuer or affiliated purchasers, as defined in Rule 10b-18(a) (3) the Securities Exchange
Act of 1934, during the fourth quarter of our fiscal year ended December 31, 2022.
Recent
Sale of Unregistered Securities and Use of Proceeds
None.
Securities
Authorized for Issuance under Equity Compensation Plans
None.
Performance
Graph
We are a “smaller reporting company,” as defined by Item 10(f)(1) of Regulation S-K, and therefore are not required to provide the information required by paragraph (e) of Item 201 of Regulation S-K.
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Item 6. [Reserved]
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.