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
The Company’s Common Stock trades on the OTCQB Tier of the OTC Markets under the symbol “LUVU”. On October 14, 2025, the last sale price of the Common Stock, as reported on the OTCQB, was $0.04 per share. The following table sets forth for the periods indicated, high and low bid prices of the Common Stock as reported by the OTCQB. Any over-the-counter market quotations reflect inter-dealer prices, without retail mark-up, mark-down or commission and may not necessarily represent actual transactions.
Fiscal Year Ended June 30, 2025
HIGH
LOW
Fourth Quarter
$ 0.06
$ 0.03
Third Quarter
$ 0.07
$ 0.04
Second Quarter
$ 0.07
$ 0.05
First Quarter
$ 0.09
$ 0.05
Fiscal Year Ended June 30, 2024
HIGH
LOW
Fourth Quarter
$ 0.10
$ 0.05
Third Quarter
$ 0.10
$ 0.07
Second Quarter
$ 0.11
$ 0.05
First Quarter
$ 0.19
$ 0.07
Stockholders
As of June 30, 2025, we had 88 stockholders of record of our common stock. This amount does not reflect persons or entities that hold our securities in nominee or “street” name through various brokerage firms.
Dividend Policy
We have not paid dividends and we plan to retain all earnings generated by our operations, if any, for use in our business. We do not anticipate paying any cash dividends to our shareholders in the foreseeable future. The payment of future dividends on the common stock and the rate of such dividends, if any, and when not restricted, will be determined by our board of directors in light of our earnings, financial condition, capital requirements, and other factors. Additionally, under the terms of our credit facility, we are precluded from paying a dividend and we may in the future issue preferred stock and/or other securities that provides for preferences over holders of common stock in the payment of dividends.
Recent Sales of Unregistered Securities
None.
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
None.
ITEM 6. [RESERVED].
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Table of Contents
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.