Item 5. Market for Registrant’s Common Equity
ITEM
5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED SHAREHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.
Market
Information
Our
common stock is traded on The Nasdaq Capital Market under the symbol “GBS”.
Holders
As
of September 21, 2022, there were approximately 382 holders of record of our common stock. As many of our shares of common stock are held
by brokers or other institutions on behalf of shareholders, we are unable to estimate the total number of individual shareholders represented
by the record holders.
Dividends
We
have not paid any dividends on our common stock to date and we currently expect that, for the foreseeable future, all earnings (if any)
will be retained for the development of our business and no dividends will be declared or paid. In the future, our Board of Directors
may decide, at their discretion, whether dividends may be declared and paid, taking into consideration, among other things, our earnings
(if any), operating results, financial condition and capital requirements, general business conditions and other pertinent facts, including
restrictions imposed by foreign jurisdictions on paying dividends or making other payments to us.
Stock
Performance Graph
We
are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information otherwise
required under this item.
Recent
Sales of Unregistered Securities
None.
Purchase
of Our Equity Securities
None.
Securities
Authorized for Issuance Under Equity Compensation Plans
See
Item 12. “ Security Ownership of Certain Beneficial Owners and Management Related Stockholders Matters ” for information
with respect to our compensation plans under which equity securities are authorized for issuance.
ITEM
6. RESERVED
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