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
common stock has been listed on the Nasdaq Capital Market under the symbol “PPSI” since September 19, 2013. Prior to that
time, it was quoted on the OTCQB. The last reported sales price of our common stock on the Nasdaq Capital Market on July 25,
2024, was $4.42 per share. As of July 25, 2024, there were 37 holders of record of our common stock.
The
timing and amount of future dividends could require us to seek capital funding to support our ongoing operations as our historical credit
arrangements were terminated in connection with the sale of the transformer business units in August 2019 (the “Equity Transaction”).
We
did not repurchase any of our equity securities during the fourth quarter of the fiscal year ended December 31, 2023.
ITEM
6. [RESERVED].
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