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 is traded
on the Nasdaq Capital Market under the symbol “AGFY.”
Holders of Record
As of October 1, 2023, there
were 58 holders of record of our Common Stock. Such numbers do not include beneficial owners holding shares of our Common Stock in nominee
or “street” name through various brokerage firms.
Dividends
We have never paid cash dividends
on any of our capital stock and currently intend to retain our future earnings, if any, to fund the development and growth of our business.
Securities Authorized for Issuance under Equity
Compensation Plans
For information concerning
our equity compensation plan, see Part III, Item 12 of this Annual Report on Form 10-K.
Equity Repurchases
None.
Recent Sales of Unregistered Securities
The following summarizes
all issuances of our unregistered securities during the year ended December 31, 2022 that were not previously disclosed in a Current Report
on Form 8-K or Quarterly Report on Form 10-Q. The securities in the below-referenced transactions were (i) issued without registration
and (ii) were subject to restrictions under the Securities Act and the securities laws of certain states, in reliance on the private offering
exemptions contained in Sections 4(2), 4(6) and/or 3(b) of the Securities Act and on Regulation D promulgated there under, and in reliance
on similar exemptions under applicable state laws as transactions not involving a public offering. No placement or underwriting fees
were paid in connection with these transactions.
On August 17, 2022, we issued
435 shares of Common Stock for contingent liabilities to the former holders of Precision and Cascade in connection with the acquisition
of Precision and Cascade.
36
Item 6. [Reserved].
Not applicable.
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