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
for Registrant’s Common Equity . Our Common Stock is quoted on the Nasdaq under the symbol “PROP.”
Holders .
As of March 4, 2025, there were approximately 259 record holders of our Common Stock. Because brokers and other institutions hold shares
on behalf of stockholders, we are unable to estimate the total number of stockholders represented by these record holders.
Dividends .
We have not paid any cash dividends on our Common Stock to date. We may retain future earnings, if any, for future operations, expansion
and debt repayment and have no current plans to pay cash dividends for the foreseeable future. Any decision to declare and pay dividends
in the future will be made at the discretion of the Board of Directors and will depend on, among other things, our results of operations, financial
condition, cash requirements, contractual restrictions and other factors that the Board of Directors may deem relevant. In addition, our ability to
pay dividends may be limited by covenants of any existing and future outstanding indebtedness we or our subsidiaries incur. We do not
anticipate declaring any cash dividends to holders of the Common Stock in the foreseeable future.
Recent
Sales of Unregistered Securities .
None.
Repurchases.
None.
Item
6 [Reserved]
57
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