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
Price and Dividend Information
Our
common stock is quoted on the NYSE American under the symbol “MTNB”. The following table sets forth the high and low
sales price for our common stock for each full quarterly period within the last two fiscal years, as reported by the NYSE American.
Fiscal Year 2019
High
Low
First Quarter
$ 1.41
$ 0.60
Second Quarter
$ 1.11
$ 0.79
Third Quarter
$ 0.76
$ 0.59
Fourth Quarter
$ 2.27
$ 0.63
Fiscal Year 2020
High
Low
First Quarter
$ 2.31
$ 0.60
Second Quarter
$ 0.92
$ 0.52
Third Quarter
$ 0.96
$ 0.67
Fourth Quarter
$ 1.47
$ 0.76
Holders
On
March 12, 2021, the closing sale price of our common stock, as reported by the NYSE American, was $1.20 per share and we had approximately
123 record holders of our common stock. The number of record holders was determined from the records of our transfer agent and
does not include beneficial owners of common stock whose shares are held in the names of various security brokers, dealers, and
registered clearing agencies. VStock Transfer, LLC is the transfer agent and registrar for our common stock.
73
Dividends
We
have never paid or declared any cash dividends on our common stock, and we do not anticipate paying any cash dividends on our
common stock in the foreseeable future. We intend to retain all available funds and any future earnings to fund the development
and expansion of our business. Any future determination to pay dividends will be at the discretion of our board of directors and
will depend upon a number of factors, including our results of operations, financial condition, future prospects, contractual
restrictions, restrictions imposed by applicable law and other factors our board of directors deems relevant.
Recent
Sales of Unregistered Securities
None.
Repurchases
of Equity Securities by the Issuer and Affiliated Purchasers
We
did not purchase any of our registered securities during the period covered by this Annual Report.
Item
6.
Selected
Financial Data
Per
§229.301 of Regulation S-K, the Company, designated a Smaller Reporting Company as defined in Section §229.10(f)(1)
of Regulation S-K, is not required to provide selected financial data. Management’s Discussion and Analysis of Financial
Condition and Results of Operations is intended to help the reader understand the results of operations and financial condition
of the Company and should be read in conjunction with our audited consolidated financial statements and notes thereto for the
year ended December 31, 2020.
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