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 trades on the Nasdaq Capital Market under
the symbol LWLG.
Holders of Common Stock
On March 20, 2026, we had
approximately 68 holders of our common stock, not including persons who hold our common stock in nominee or "street name” accounts
through brokers or banks.
Dividend Policy
Our Company has never paid a cash dividend and has no present
plans to pay cash dividends.
Securities Authorized for Issuance under Equity Compensation Plans
Equity Compensation Plans as of December 31, 2025.
Equity Compensation Plan Information
Plan category
Number of
securities to be issued upon exercise of outstanding options,
warrants and rights
(a)
Weighted-average
exercise price of outstanding options, warrants and rights
(b)
Number of
securities remaining available for future
issuance under equity compensation plans (excluding securities reflected in column
(a))
(c)
Equity
compensation plans approved by security holders (1)
8,371,078
$ 3.57
3,987,631
Equity
compensation plans not approved by security holders (2)
275,000
$ 0.60
—
Total
8,646,078
$ 3.07
3,987,631
1. Reflects
shares of common stock to be issued pursuant to our 2025 Equity Incentive Plan, 2016 Equity
Incentive Plan and our 2007 Employee Stock Plan, all of which are for the benefit of our
directors, officers, employees and consultants. We have reserved 6,000,000 shares of common
stock for such persons pursuant to our 2025 Equity Incentive Plan. We terminated our 2016
Employee Stock Plan in May 2025 and no additional awards are made under that plan. We terminated
our 2007 Employee Stock Plan in June 2016 and no additional awards are made under that plan.
2. Comprised
of common stock purchase warrants we issued for services.
Recent Sales of Unregistered Securities
None during the period covered by this Annual Report on Form 10-K
that were not previously disclosed in a Current Report on Form 8-K or in a Quarterly Report on Form 10-Q.
Purchases of Equity Securities by the Issuer or Affiliated Purchasers
None.
Item 6. RESERVED.
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