Item 2. Unregistered Sales of Equity Securities
Item
2. Unregistered Sales of Equity Securities and Use of Proceeds
Sales
of Unregistered Equity Securities
We
did not sell any equity securities during the period covered in this report that were not registered under the Securities Act of 1933,
as amended.
Issuer
Purchases of Equity Securities (1)
Information
relating to our purchases of our common stock during the six months ended June 30, 2025 is as follows:
Period
Total
Number of
Shares
Purchased
Average
Price Paid
Per Share
Total Number
of Shares
Purchased as
Part of Publicly
Announced
Plans or Programs
Approximate
Dollar Value of
Shares that May
Yet Be Purchased
Under the Share
Repurchase
Program
January 1 through January 31, 2025
—
$ —
—
$ 25,000,000
February 1 through February 28, 2025
—
—
—
25,000,000
March 1 through March 31, 2025
—
—
—
25,000,000
April 1 through April 30, 2025
—
—
—
25,000,000
May 1 through May 31, 2025
—
—
—
25,000,000
June 1 through June 30, 2025
—
—
—
25,000,000
Total
—
—
(1)
On October 9, 2024, our
Board of Directors approved an extension of, and an increase in the amount of shares of our common stock that may be repurchased
under, the Share Repurchase Program until the earlier of (i) October 31, 2025 or (ii) the repurchase of $64.3 million in aggregate
amount of our common stock. The timing and number of shares to be repurchased will depend on a number of factors, including market
conditions and alternative investment opportunities. The Share Repurchase Program may be suspended, terminated or modified at any
time for any reason and does not obligate us to acquire any specific number of shares of our common stock. During the three and six
months ended June 30, 2025, we did not repurchase shares of common stock under the Share Repurchase Program. As of June 30, 2025,
the dollar value of shares that remained available to be purchased under the Share Repurchase Program was approximately $25.0 million.
For more information on the Share Repurchase Program, see “Note 5 — Common Stock” to our Condensed Consolidated
Financial Statements as of June 30, 2025.
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Item
3. Defaults Upon Senior Securities
None.
Item
4. Mine Safety Disclosures
Not
applicable.
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