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
The
Company’s common stock has traded on The Nasdaq Capital Market under the symbol “LIXT” and “LIXTW”, respectively,
since November 25, 2020. The stock market in general has experienced significant price fluctuations in the past few years. In some cases,
these fluctuations have been unrelated to the operating performance of the affected companies. Many companies have experienced dramatic
volatility in the market prices of their common stock. The Company believes that a number of factors, both within and outside its control,
could cause the price of the Company’s common stock to fluctuate, perhaps substantially.
The
following table sets forth the range of reported closing prices of the Company’s common stock during the periods presented. Such
quotations reflect prices between dealers in securities and do not include any retail mark-up, markdown, or commissions, and may not
necessarily represent actual transactions.
Low
High
Year Ended December 31, 2024
First Quarter
$ 1.73
$ 3.52
Second Quarter
$ 2.11
$ 3.70
Third Quarter
$ 1.65
$ 2.53
Fourth Quarter
$ 1.31
$ 2.38
Low
High
Year Ended December 31, 2025
First Quarter
$ 1.02
$ 3.00
Second Quarter
$ 0.64
$ 1.62
Third Quarter
$ 0.90
$ 6.08
Fourth Quarter
$ 3.50
$ 5.53
Holders
As
of December 31, 2025, the Company had 29 stockholders of record holding 8,790,102 shares of the Company’s common stock outstanding,
including 7,695,980 shares of common stock held by an indeterminate number of beneficial owners of securities whose shares are held in
the names of various depository accounts, brokerage firms and clearing agencies.
Dividends
The
Company’s dividend policy is determined by its Board of Directors and will depend upon a number of factors, including the Company’s
financial condition and performance, its cash needs and expansion plans, income tax consequences, and the restrictions that applicable
laws and any credit or other contractual arrangements may then impose. The Company has not paid any cash dividends on its common stock
to date and at the current time the Company does not anticipate paying cash dividend on its common stock in the foreseeable future.
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Securities
Authorized For Issuance Under Equity Incentive Plans
Set
forth in the table below is information regarding awards made through compensation plans or arrangements through December 31, 2025, the
most recently completed fiscal year.
Plan
Category
Number
of securities to be issued upon exercise of outstanding options, warrants and rights
Weighted
average price of outstanding options, warrants and rights
Number
of securities remaining available for future issuance under compensation plans (excluding securities reflected in column 1)
(1)
(2)
(3)
Equity
Compensation Plans Approved by Security Holders
729,309 (1)
$ 428.750
2,770,691 (2)
Equity
Compensation Plans Not Approved by Security Holders
N/A
$ N/A
N/A
(1)
Does not include 428,750 shares issuable that
were not issued pursuant to a plan.
(2)
2,770,691 shares that remain available are
pursuant to the Company’s 2020 Stock Incentive Plan, which was adopted on July 14, 2020 and amended on October 7, 2022, November
27, 2023, and on December 8, 2025 (see “ITEM 11. EXECUTIVE COMPENSATION”).
ITEM
6. RESERVED
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