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 has
been listed on the Nasdaq Capital Market (“Nasdaq”) since April 30, 2021 under the symbol “RCAT”.
The last reported sales
price of our common stock on August 5, 2024 was $1.98 .
Holders
As of August 5, 2024,
there were 127 stockholders of record of our common stock.
Dividends
The Company has never
paid dividends on its common stock and does not anticipate that it will pay dividends in the foreseeable future. It intends to use any
future earnings for the expansion of its business. Any future determination of applicable dividends will be made at the discretion of
the Board of Directors and will depend on the results of operations, financial condition, capital requirements and other factors deemed
relevant.
Recent Sales of
Unregistered Securities
There
were no sales of equity securities during the period covered by this Annual Report that were not registered under the Securities Act
and were not previously reported in a Quarterly Report on Form 10-Q or a Current Report on Form 8-K filed by the Company.
Purchase of Equity
Securities by the Issuer and Affiliated Purchasers
We
did not repurchase any securities in the fourth quarter of the fiscal year covered by this Annual Report.
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ITEM 6. RESERVED
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