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
Information
Our
common stock trades on The NASDAQ Capital Market under the symbol “SASI.”
Shareholders
As
of March 27, 2023, there were approximately 566 holders of record of our common stock based on information provided by our transfer agent.
Dividends
We
have not paid any dividends on our common stock to date and do not anticipate that we will pay dividends in the foreseeable future.
Any payment of cash dividends on our common stock in the future will be dependent upon the amount of funds legally available, our
earnings, if any, our financial condition, restrictive covenants under outstanding preferred stock, our anticipated capital
requirements, and other factors that our Board of Directors deem relevant. We have paid dividends on our preferred stock
pursuant to an agreement with investors and may do so in the future pursuant to future financing agreements, if any. The Certificate
of Designations of our Series D Preferred Stock prohibits us from declaring or paying any cash dividend or distribution on any of
our capital stock, other than as required by the Certificate of Designations.
ITEM
6. RESERVED
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