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 on the Nasdaq Capital Market under the symbol “OPXS”.
On
December 15, 2023, the closing price for our common stock was $4.15 per share.
Securities
outstanding and holders of record
On
December 15, 2023, there were approximately 80 shareholders of record for our common stock and 6,784,130 shares of our common stock
issued and outstanding.
Dividends
We
have in the past paid dividends but we have no plans to do so in the foreseeable future.
Unregistered
Sales of Equity Securities
On
May 9, 2023, the Board of Directors approved a grant of 40,000 shares of restricted stock to independent board member Dayton Judd. The
shares vest 50% on each of January 1, 2024 and January 1, 2025. As of the grant date, the fair value of the shares was $124 thousand,
to be amortized on a straight-line basis through January 1, 2025. The grant was exempt from registration under the Securities Act of
1933, as amended, in reliance on Section 4(a)(2) of such act and Rule 506 thereunder.
Issuer
Purchases of Equity Securities
There
were no purchases made by or on behalf of the Company or any “affiliated purchaser” (as defined in Rule 10b-18(a)(3) of its
common stock under the Exchange Act) during the three months ended October 1, 2023.
Item
6. Reserved
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.