MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES.
−Removed: As of September 10, 2020, there were approximately 1,896 stockholders of record of the Company’s common stock.
+Added: As of August 30, 2021, there were approximately 1,895 stockholders of record of the Company’s common stock.
The Company had no sales of unregistered securities during fiscal 2021 or 2020.
The Company’s common stock is listed on the Capital Market of the NASDAQ Stock Market, LLC (“NASDAQ”) under the symbol “RAVE”.
−Removed: The following table shows the highest and lowest
−Removed: price per share of the common stock during each quarterly period within the two most recent fiscal years, as reported by NASDAQ.
−Removed: Such prices reflect inter-dealer quotations, without adjustment for any retail markup, markdown or commission.
−Removed: Fiscal 2020 :
+Added: The following
+Added: table shows the highest and lowest price per share of the common stock during each quarterly period within the two most recent fiscal years, as reported by NASDAQ.
+Added: Such prices reflect inter-dealer quotations, without adjustment for any retail
+Added: markup, markdown or commission.
Fourth Quarter Ended 6/27/2021
2 unchanged sentences
First Quarter Ended 9/27/2020
−Removed: Fiscal 2019 :
Fourth Quarter Ended 06/28/2020
3 unchanged sentences
The Company did not pay any dividends on its common stock during the fiscal years ended June 27, 2021 or June 28, 2020.
−Removed: Any determination to pay cash dividends in the future
−Removed: will be at the discretion of the Company’s board of directors and will be dependent upon the Company’s results of operations, financial condition, capital requirements, contractual restrictions and other factors deemed relevant.
−Removed: Currently, there
−Removed: is no intention to pay any dividends on our common stock.
+Added: Any determination
+Added: to pay cash dividends in the future will be at the discretion of the Company’s board of directors and will be dependent upon the Company’s results of operations, financial condition, capital requirements, contractual restrictions and other factors
+Added: deemed relevant.
+Added: Currently, there is no intention to pay any dividends on our common stock.
2007 Stock Purchase Plan
−Removed: On May 23, 2007, the Company’s board of directors approved a stock purchase plan (the “2007 Stock Purchase Plan”) authorizing the purchase on our behalf of up to 1,016,000
−Removed: shares of our common stock in the open market or in privately negotiated transactions.
−Removed: On June 2, 2008, the Company’s board of directors amended the 2007 Stock Purchase Plan to increase the number of shares of common stock the Company may
+Added: On May 23, 2007, the Company’s board of directors approved a stock purchase plan (the “2007 Stock Purchase Plan”) authorizing the purchase
+Added: on our behalf of up to 1,016,000 shares of our common stock in the open market or in privately negotiated transactions.
+Added: On June 2, 2008, the Company’s board of directors amended the 2007 Stock Purchase Plan to increase the number of shares of common
+Added: stock the Company may repurchase by 1,000,000 shares to a total of 2,016,000 shares.
+Added: On April 22, 2009 the Company’s board of directors amended the 2007 Stock Purchase Plan again to increase the number of shares of common stock the Company may
repurchase by 1,000,000 shares to a total of 3,016,000 shares.
−Removed: On April 22, 2009 the Company’s board of directors amended the 2007 Stock Purchase Plan again to increase the number of shares of common stock the Company may repurchase by 1,000,000
−Removed: shares to a total of 3,016,000 shares.
The 2007 Stock Purchase Plan does not have an expiration date.
There were no stock purchases in the fiscal year ended June 27, 2021.
−Removed: The Company’s ability to purchase shares of our common stock is subject to various laws, regulations and policies as well as the rules and regulations of the Securities and
−Removed: Exchange Commission (the “SEC”).
+Added: The Company’s ability to purchase shares of our common stock is subject to various laws, regulations and policies as well as the rules and
+Added: regulations of the Securities and Exchange Commission (the “SEC”).
Subsequent to June 27, 2021, the Company has not repurchased any outstanding shares but may make further purchases under the 2007 Stock Purchase Plan.
−Removed: The Company may also purchase shares of our common stock
−Removed: other than pursuant to the 2007 Stock Purchase Plan or other publicly announced plans or programs .
+Added: The Company may also purchase
+Added: shares of our common stock other than pursuant to the 2007 Stock Purchase Plan or other publicly announced plans or programs.
Equity Compensation Plan Information
15 unchanged sentences
Stock option compensation plans not approved by security holders
−Removed: SELECTED FINANCIAL DATA
−Removed: Not required for a smaller reporting company.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.