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
common stock is currently not listed on any exchange. We intend to apply to the NYSE American LLC (“NYSE”)
for listing on its exchange.
Holders
of Record
As
of January 25, 2024, we had 393 record holders of our common stock. This number does not include the number of persons
whose shares are in nominee or in “street name” accounts through brokers.
Dividends
We
did not pay dividends during 2023 or 2022. We anticipate that we will retain any earnings and other cash resources for investment in
our business. The payment of dividends on our common stock is subject to the discretion of our board of directors and will depend on
our operations, financial position, financial requirements, general business conditions, restrictions imposed by financing arrangements,
if any, legal restrictions on the payment of dividends and other factors that our board of directors deems relevant.
Securities
Authorized for Issuance Under Equity Compensation Plans
As
of December 31, 2023, securities issued and securities available for future issuance under our 2023 Employee, Director
and Consultant Equity Incentive Plan (the “Plan”) is as follows:
Restricted stock to be issued upon vesting
Number of securities to be issued upon exercise of outstanding options, warrants and rights
Weighted average exercise price of outstanding options, warrants and rights
Number of securities
remaining available for
future issuance (under equity compensation
Plans (excluding
securities reflected in
column (a & b))
Plan Category
(a)
(b)
(c)
(d)
Equity compensation plans approved by security holders
2023 Employee, Director and Consultant Equity Incentive Plan
- options
-
-
$ -
-
2023 Employee, Director and Consultant Equity Incentive Plan - warrants
-
-
$ -
-
2023 Employee, Director and Consultant Equity Incentive
Plan
-
-
$ -
10,574,000
Total
-
-
$ -
10,574,000
19
Recent
Issuances of Unregistered Securities
None.
Shares
Repurchased by the Registrant
We
did not purchase or repurchase any of our securities in the fiscal year ended December 31, 2023.
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.