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
Our shares of Common Stock, and Units, are traded
on NYSE American under the symbols PHGE, and PHGE.U, respectively. Our Public Warrants are quoted on the OTC Pink under the symbol “PHGEW”.
Holders of Record
As of March 28, 2024, there were 55,220,707 issued
and outstanding shares of our Common Stock held by 75 stockholders of record. The number of record holders was determined from the records
of our transfer agent and does not include beneficial owners of shares of Common Stock whose shares are held in the names of various security
brokers, dealers, and registered clearing agencies.
Dividends
We have not paid any cash dividends on our Common
Stock to date and do not intend to pay cash dividends. The payment of cash dividends in the future will be dependent upon our revenues
and earnings, if any, capital requirements and general financial condition. The payment of any cash dividends will be within the discretion
of our Board of Directors at such time. Further if we incur indebtedness, our ability to declare dividends may be further limited by restrictive
covenants we may agree to in connection therewith.
ITEM 6. [RESERVED.]
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