4 unchanged sentences
Holders of our Common Stock
−Removed: As of February 25, 2022, there were 420 holders of record of our Class A common stock, four holders of record of our Class B common stock and five holders of record of our Warrants.
+Added: As of February 28, 2023, there were 177 holders of record of our Class A common stock, five holders of record of our Class B common stock and five holders of record of our Warrants.
The number of record holders does not include Depository Trust Company participants or beneficial owners holding shares through nominee names.
3 unchanged sentences
The following graph compares the cumulative total stockholder return on our Class A common stock with the cumulative total return on the Standard & Poor’s (“S&P”) 500 Index and the Nasdaq Composite Index.
−Removed: The graph assumes an initial investment of $100 in our common stock at the market close on December 21, 2020, which was the initial trading day of the Class A ordinary shares of ACAC (our predecessor) on a stand-alone basis.
−Removed: Our Business Combination with ACAC was announced on February 2, 2021 and closed on June 21, 2021.
+Added: The graph assumes an initial investment of $100 in our common stock at the market close on December 21, 2020, which was the initial trading day of the Class A ordinary shares of Acies (our predecessor) on a stand-alone basis.
+Added: The Acies Merger was announced on February 2, 2021 and closed on June 21, 2021.
Data for the S&P 500 Index and the Nasdaq Composite Index assume reinvestment of dividends.
2 unchanged sentences
Recent Sales of Unregistered Securities
−Removed: The information required by this Item 5 is contained in our Current Report on Form 8-K, as originally filed with the SEC on June 25, 2021.
Use of Proceeds
−Removed: The information required by this Item 5 is contained in our Current Report on Form 8-K, as originally filed with the SEC on June 25, 2021.
Issuer Purchases of Equity Securities
−Removed: During the year ended December 31, 2021, we did not purchase any of our equity securities that are registered under Section 12 of the Exchange Act.
+Added: The following table provides information about share repurchases made by us of our Class A common stock during the quarter ended December 31, 2022:
+Added: Period Total Number of Shares Purchased 1
+Added: Average Price Paid per Share 2
+Added: Total Number of Shares Purchased as Part of a Publicly Announced Program Dollar Value of Shares that May Yet be Purchased Under the Program 3
+Added: (In thousands)
+Added: October 1, 2022 - October 31, 2022
+Added: — $ — — $ 50,000
+Added: November 1, 2022 - November 30, 2022
+Added: 243,492 $ 4.17 243,492 $ 48,989
+Added: December 1, 2022 - December 31, 2022
+Added: 922,293 $ 3.93 922,293 $ 45,381
+Added: The repurchases are being executed from time to time, subject to general business and market conditions, through open market purchases or privately negotiated transactions, including through Rule 10b5-1 trading plans, pursuant to a stock repurchase program.
+Added: On November 10, 2021, the Company’s Board of Directors approved a stock repurchase program authorizing the Company to repurchase, within a 12 month period, up to $50.0 million of the Company’s Class A common stock at such times and in such amounts as the Company’s Board of Directors deems appropriate, based on factors such as market conditions, legal requirements, and other business considerations.
+Added: The Company publicly announced the approval of such stock repurchase program on November 12, 2021.
+Added: On November 2, 2022, the Company’s Board of Directors approved an extension of the time period for repurchases under the stock repurchase program for an additional 12 months from November 10, 2022 to November 10, 2023.
+Added: The Company publicly announced the extension of such time period on November 8, 2022.
+Added: See Note 17 of the notes to consolidated financial statements included in Item 8 of this Annual Report on Form 10-K for additional information relating to share repurchases.
+Added: Average price paid per share includes costs associated with the repurchases.
+Added: Subsequent to December 31, 2022, the Company acquired an additional 1.3 million shares of Class A common stock under this program at an aggregate purchase price of $5.4 million and an average purchase price of $4.29 per share.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.