4 unchanged sentences
Holders of Common Stock
−Removed: On April 15, 2025, we had approximately 60 holders of our common stock, not including persons who hold our common stock in nominee or "street name” accounts through brokers or banks.
+Added: On March 31, 2026, we had approximately 68 holders of our common stock, not including persons who hold our common stock in nominee or “street name” accounts through brokers or banks.
Dividend Policy
We have never paid or declared any cash dividends on our common stock, and we do not anticipate paying any cash dividends on our common stock in the foreseeable future.
−Removed: We currently intend to use all available funds and any future earnings for use in financing the growth of our business and to meet our series A preferred stock dividend obligations.
−Removed: Any future determination to pay dividends on our common stock will be at the discretion of our Board and will depend upon a number of factors, including our results of operations, financial condition, future prospects, contractual restrictions, restrictions imposed by applicable law and other factors our Board deems relevant.
+Added: Pursuant to our Securities Purchase Agreement, so long as any Senior Secured Notes are outstanding, our Company may not, directly or indirectly, redeem, or declare or pay any cash dividend or distribution on, any securities of the Company, other than our series A preferred stock, without the prior express written consent of such noteholders.
Our Company has been paying quarterly dividends on our series A preferred shares every quarter since January 2020, and we currently expect that cash dividends will continue to be paid on our series A preferred shares in the future.
22 unchanged sentences
The warrants have an exercise price of $5.50, are exercisable beginning on February 22, 2023 and expire on August 25, 2027.
−Removed: Recent Sales of Unregistered Securities
−Removed: During the quarter ended December 31, 2024, our Company has sold the following securities without registering the securities under the Securities Act:
−Removed: Series A preferred shares — 16,400 shares with a purchase price of $25 per share issued for acquisition of business.
−Removed: Series A preferred shares - 800 shares with a purchase price of $25 per share issued for cash proceeds of $20,000.
−Removed: No underwriters were utilized, and no commissions or fees were paid with respect to any of the above transactions.
−Removed: These persons were the only offerees in connection with these transactions.
−Removed: We relied upon exemptions from registration under Section 4(a)(2) of the Securities Act and/or (i) Rule 506 of Regulation D promulgated thereunder;
−Removed: (ii) Regulation S promulgated thereunder, or (iii) Rule 701 promulgated thereunder since these transactions did not involve any public offering.
Purchases of Equity Securities by the Issuer or Affiliated Purchasers
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.