3 unchanged sentences
Purchases of Equity Securities (1)
−Removed: relating to the Company’s purchases of its common stock during the three months ended March 31, 2023 is as follows:
+Added: relating to our purchases of our common stock during the six months ended June 30, 2023 is as follows:
Purchased (2)
−Removed: 1 through January 31, 2023
−Removed: 1 through February 28, 2023
−Removed: 1 through March 31, 2023
+Added: Part of Publicly
+Added: Plans or Programs
+Added: Dollar Value of
+Added: Shares that May
+Added: Yet Be Purchased
+Added: Under the Share
+Added: January 1 through January 31, 2023
+Added: February 1 through February 28, 2023
+Added: March 1 through March 31, 2023
+Added: April 1 through April 30, 2023
+Added: May 1 through May 31, 2023
+Added: June 1 through June 30, 2023
+Added: On March 17, 2023, we
+Added: commenced the Modified Dutch Auction Tender Offer to purchase up to 3,000,000 shares of our common stock from our
+Added: stockholders, which expired on April 17, 2023.
+Added: In accordance with the terms of the Modified Dutch Auction Tender Offer, we
+Added: selected the lowest price per share of not less than $3.00 per share and not greater than $4.50 per share.
+Added: Pursuant to the Modified
+Added: Dutch Auction Tender Offer, we repurchased 3,000,000 shares, representing 10.6% of our outstanding shares, on or about April
+Added: 21, 2023 at a price of $4.50 per share.
+Added: We used available cash to fund the purchase of our shares of common stock in the Modified
+Added: Dutch Auction Tender Offer and to pay for all related fees and expenses.
August 8, 2017, we announced the $5.0 million discretionary open-market Share Repurchase Program under which our Board of Directors
4 unchanged sentences
until the earlier of (i) November 6, 2018 or (ii) the repurchase of $10.0 million in aggregate amount of our common stock.
−Removed: 3, 2018, the Company’s Board of Directors authorized an additional $5.0 million increase in the amount of shares of our common
+Added: 3, 2018, our Board of Directors authorized an additional $5.0 million increase in the amount of shares of our common
stock that may be repurchased under the discretionary Share Repurchase Program until the earlier of (i) November 6, 2018 or (ii)
the repurchase of $15.0 million in aggregate amount of our common stock.
−Removed: On November 1, 2018, the Company’s Board of Directors
−Removed: authorized a $5.0 million increase in the amount of shares of the Company’s common stock that may be repurchased under the
+Added: On November 1, 2018, our Board of Directors
+Added: authorized a $5.0 million increase in the amount of shares of our common stock that may be repurchased under the
discretionary Share Repurchase Program until the earlier of (i) October 31, 2019 or (ii) the repurchase of $20.0 million in aggregate
−Removed: amount of the Company’s common stock.
+Added: amount of our common stock.
On August 5, 2019, our Board of Directors authorized a $5.0 million increase in the amount
13 unchanged sentences
the repurchase of $55.0 million in aggregate amount of our common stock.
−Removed: On October 19, 2022, the Company’s Board of Directors
+Added: On October 19, 2022, our Board of Directors
approved an extension of the Share Repurchase Program until the earlier of (i) October 31, 2023 or (ii) the repurchase of $55.0 million
−Removed: in aggregate amount of the Company’s common stock.
+Added: in aggregate amount of our common stock.
The timing and number of shares to be repurchased will depend on a number
2 unchanged sentences
terminated or modified at any time for any reason and does not obligate us to acquire any specific number of shares of our common
−Removed: During the three months ended March 31, 2023, the Company did not repurchase shares of common stock under the Share Repurchase
−Removed: As of March 31, 2023, the dollar value of shares that remained available to be purchased by the Company under
+Added: During the three and six months ended June 30, 2023, we did not repurchase shares of common stock under the Share
+Added: Repurchase Program.
+Added: As of June 30, 2023, the dollar value of shares that remained available to be purchased under
the Share Repurchase Program was approximately $16.4 million.
4 unchanged sentences
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.