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 is listed and traded on the Nasdaq Capital Market under the symbol “SGBX.”
Holders
As of the close of business on April 11, 2022, there were approximately 81 holders of record of our common stock, which does not reflect those shares held beneficially or those shares held in “street” name. Accordingly, the number of beneficial owners of our common stock exceeds this number. On April 11, 2022 , the closing sales price of our common stock as reported on the Nasdaq Capital M arket was $2.25.
Dividend Policy
We have never paid any cash dividends on our common stock and do not anticipate paying cash dividends in the foreseeable future. The payment of dividends by us will depend on our future earnings, financial condition and such other business and economic factors as our management may consider relevant.
Recent Sales of Unregistered Securities
We did not sell any unregistered securities from January 1, 2021 through December 31, 2021 that were not previously disclosed in our filings with the SEC.
Issuer Purchases of Equity Securities
We did not repurchase any of our outstanding shares during 2021.
Performance Graph and Purchases of Equity Securities
The Company is a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and is not required to provide the information required under this item.
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Transfer Agent and Registrar
The transfer agent and registrar for our common stock is American Stock Transfer and Trust Company, LLC. The transfer agent’s principal business address is 6201 15 th Avenue, Brooklyn, New York 11219, and its telephone number is (800) 937-5449.
Equity Compensation Plan Information
As of December 31, 2021, the following securities issued under equity compensation were outstanding:
Plan Category
Number of
Shares Issuable
Upon Exercise of Outstanding Options, Warrants or Rights
(a) ( 1 )
Weighted- Average Exercise
Price of Outstanding Options
(b)
Number of Shares Remaining Available for Issuance Under Equity Compensation Plans (Excluding Shares Reflected in Column
(a))(c) ( 2 )
Equity compensation plans approved by security holders
$
2,256,950
$
78.71
$
1,343,377
Equity compensation plans not approved by security holders
—
—
—
Total
$
2,256,950
$
78.71
$
1,343,377
(1)
Includes 36,436 shares issuable upon the exercise of options and 2,220,514 shares issuable upon the vesting of restricted stock units outstanding under the SG Blocks, Inc. Stock Incentive Plan.
(2)
Represents shares available for issuance under the SG Blocks, Inc. Stock Incentive Plan.
ITEM 6 . [ RESERVED]
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