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 April 1, 2025, we had a total of
2,707,541 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 April 1, 2025, we had 482 tradeable
warrants outstanding exercisable at $220.00 per warrant.
As
of April 1, 2025, 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, 2024:
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*
–
–
1,661
Equity
compensation plans not approved by security holders
–
–
–
*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]
19
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