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 Class B common stock
trades on the Nasdaq Stock Market under the symbol “RR.”
Holders of Record
As of January 10, 2025, we
had approximately 3 holders of record of our Class A common stock and 14 holders of record of our Class B common stock.
Dividend Policy
We have never paid or declared
any cash dividends on our Class B common stock. We may pay dividends in the future if the Company realizes good profits and the board
of directors determines that dividends are advisable, taking into account the Company’s financial and development needs. However,
we may instead retain any future earnings to finance the operation, development and expansion of our business, and we may not declare
or pay any dividends in the foreseeable future. Any future determination to pay dividends will be at the discretion of our board of directors
and will depend upon a number of factors, including our results of operations, financial condition, business prospects, contractual restrictions,
restrictions imposed by applicable law and other factors our board of directors deems relevant.
Under NRS 78.288, the directors
of a corporation may authorize, and the corporation may make, distributions (including cash dividends) to stockholders, but no such distribution
may be made if, after giving it effect:
●
the corporation would not be able to pay its debts as they become due in the usual course of business; or
●
the corporation’s total assets would be less than the sum of (x) its total liabilities plus (y) the amount that would be needed, if the corporation were to be dissolved at the time of distribution, to satisfy the preferential rights upon dissolution of stockholders whose preferential rights are superior to those receiving the distribution.
The NRS prescribes the timing
of the determinations above depending on the nature and timing of payment of the distribution. For cash dividends paid within 120 days
after the date of authorization, the determinations above must be made as of the date the dividend is authorized. When making their determination
that a distribution is not prohibited by NRS 78.288, directors may consider:
●
financial statements prepared on the basis of accounting practices that are reasonable in the circumstances;
●
a fair valuation, including, but not limited to, unrealized appreciation and depreciation; and/or
●
any other method that is reasonable in the circumstances.
42
Securities Authorized for Issuance under Equity
Compensation Plan
The following table sets
forth information concerning securities authorized under equity compensation plans as of September 30, 2024.
Plan Category
Number of
securities to
be issued upon
exercise of
outstanding
options
Weighted-average
exercise
price of
outstanding
options
Number of
granted restricted
stock unit awards
outstanding
Number of
securities
remaining
available for
future
issuance
under equity
compensation
plans
Equity compensation plans approved by security holders
-
$ -
-
525,274
Equity compensation plans not approved by security holders
-
-
-
-
-
$ -
-
525,274
Recent Sales of Unregistered Securities
None that have not
already been disclosed in a prior Quarterly Report on Form 10-Q or Current Report on Form 8-K.
Purchases of Equity Securities by the Issuer
and Affiliated Purchasers
None.
ITEM 6. Reserved