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 began trading on the Nasdaq Capital Market under the symbol “AKER” on January 23, 2014. On April 19, 2021,
the symbol for our Common Stock changed to “MYMD.” On July 22, 2024, the symbol for our Common Stock changed to
“TNFA.” Effective before the open of market trading on September 25, 2025, the Company’s Common Stock ceased trading
under the ticker symbol “TNFA” and began trading on the Nasdaq Stock Market under the ticker symbol “QCLS”.
Holders
As of April 12, 2026, there were approximately 741 holders of record of
our Common Stock.
Dividends
Except
as described herein, we have never paid any cash or other dividends to our stockholders and we do not plan to declare or pay any cash
or other dividends in the foreseeable future. On or around September 9, 2020, our Board declared a dividend of one preferred share purchase
right for each share of our Common Stock outstanding held by stockholders of record on September 21, 2020.
We
currently intend to retain earnings, if any, for use in the operation and expansion of our business. Subject to the foregoing, the
payment of cash dividends in the future, if any, will be at the discretion of our Board and will depend on such factors as earning
levels, contractual restrictions, capital requirements, our overall financial condition and any other factors deemed relevant by the
Board. In addition, so long as any shares of Series H Preferred Stock or Series G Preferred Stock are outstanding, we are not able
to declare or pay any cash dividend or distribution on any of our capital stock (other than as required by the respective
Certificate of Designations) without the prior written consent of the Required Holders (as defined in the respective Certificate of
Designations).
Unregistered
Sales of Securities
No unregistered securities were issued during the fiscal year ended December 31, 2025 that were not previously reported
in a Quarterly Report on Form 10-Q or Current Report on Form 8-K.
Issuer
Purchases of Equity Securities
We
did not re-purchase any of our equity securities during the fourth quarter of the fiscal year ended December 31, 2025.
Item
6. [Reserved]
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