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
Our common stock is listed on the Nasdaq Capital Market under the symbol
“SBFM”. As of March 28, 2024, we had a total of 99,452,865 shares of our common stock issued and outstanding. We also have
tradeable warrants exercisable to purchase shares of our common stock listed on the Nasdaq Capital Market under the symbol “SBFMW.”
As of March 28, 2024, we had a total of 963,693 tradeable warrants outstanding.
As of March 28, 2024, there were approximately
149 holders of record of our common stock, not including those holding their shares in “street name.”
Equity Compensation Plan Information
The following table sets forth information regarding
our equity compensation plans as of December 31, 2023:
Plan
Category
Number
of Securities to be Issued Upon Exercise of Outstanding Options,
Warrants and Rights
Weighted-Average
Exercise Price of Outstanding Options, Warrants and Rights
Number of Securities
Remaining Available for
Future Issuance Under
Equity Compensation Plans
Equity
compensation plans approved by security holders (1)
–
–
3,320,988
Equity
compensation plans not approved by security holders
–
–
–
(1) Represents our 2023 Equity Incentive Plan.
Dividend Policy
We have not paid any dividends since our incorporation
and do not anticipate paying any dividends in the foreseeable future. At present, our policy is to retain earnings, if any, to develop
and market our products. Our payment of dividends in the future will depend upon, among other factors, our earnings, capital requirements,
and operating financial conditions.
Recent Sales of Unregistered Securities
None.
ITEM 6. [RESERVED]
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.