HighPeak Energy, Inc. 10-K

ITEM 5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES Market Information HighPeak Energy’s common stock and warrants are listed and traded on the Nasdaq under the symbols “HPK” and “HPKEW,” respectively. HighPeak Energy’s CVRs are quoted on the OTC market under the symbol “HPKER.” Through August 21, 2020, Pure’s Class A common stock, par value $0.0001 per share, and warrants were listed under the symbols “PACQ” and “PACQW,” respectively. On August 21, 2020, Pure delisted the units offered in its initial public offering, each consisting of one share of Pure Class A common stock and one-half of one warrant, which were listed under the symbol “PACQU,” and the units ceased to trade. Holders As of March 15, 2021, there were 43 holders of record of HighPeak Energy common stock, 40 holders of record of HighPeak Energy’s warrants and 42 holders of record of HighPeak Energy’s CVRs. Dividends The board of directors has not declared any cash dividends to holders of our common stock. Our future dividend policy is within the discretion of our board of directors and will depend upon then‑existing conditions, including our results of operations, financial condition, capital requirements, investment opportunities, statutory restrictions on our ability to pay dividends and other factors our board of directors may deem relevant. In addition, our Revolving Credit Facility places certain restrictions on our ability to pay cash dividends. Comparative Stock Performance We are a smaller reporting company as defined in Rule 12b-2 under the Exchange Act. As a result, pursuant to Item 201(e) of Regulation S-K, we are not required to provide the information required by this Item. 50 ITEM 6. SELECTED FINANCIAL DATA We are a smaller reporting company as defined in Rule 12b-2 under the Exchange Act. As a result, pursuant to Item 301(c) of Regulation S-K, we are not required to provide the information required by this Item. 51