Item 2. Unregistered Sales of Equity Securities
ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds
(a) None.
(b) None.
(c)
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
Period Total Number of Shares Purchased (1)(2)
Average Price Paid per Share (1)(2)
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 Plans or Programs (3)
April 1 through April 30, 2025 — $ — — $ 35,960,503
May 1 through May 31, 2025 812,553 4.54 812,553 32,237,927
June 1 through June 30, 2025 594,128 4.96 594,128 29,262,936
Total 1,406,681 $ 4.72 1,406,681
________________
(1) Average price paid per share excludes the impact of excise taxes.
(2) During the three-month period ended June 30, 2025, no shares were acquired from employees in connection with the settlement of income tax or related benefit withholding obligations arising from vesting of stock awards.
(3) In October 2024, our Board of Directors authorized $50.0 million for repurchases of our common stock, par value $0.01 per share, through October 2026. As of June 30, 2025, $20.7 million of share repurchases have been made under this authorization.
ITEM 3. Defaults Upon Senior Securities
None.
ITEM 4. Mine Safety Disclosures
Not applicable.
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