Item 5. Market for Registrant’s Common Equity
Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Common Stock
The Company’s Common Stock is traded on the Over-The-Counter (“OTC”) Market, under the trading symbol “SCND”. The following table sets forth the low and high bid quotations at the end of each quarter for the year ended December 31, 2024 and 2023, respectively, as reported by the National Association of Securities Dealers, Inc. Electronic Bulletin Board. Such quotations reflect inter-dealer prices, without retail mark-up, mark-down or commission and may not represent actual transactions:
For Fiscal Quarter Ended
Low Bid($)
High Bid($)
03/31/23
4.93
5.50
06/30/23
4.24
5.00
09/30/23
3.75
4.75
12/31/23
2.06
3.70
03/31/24
1.40
2.35
06/30/24
0.77
1.90
09/30/24
1.07
2.02
12/31/24
0.62
1.25
15
Table of Contents
As of March 27, 2025, there were 269 record holders of the Company’s Common Stock.
Recent sales of unregistered securities; use of proceeds from registered securities
Refer to Current Reports on Form 8-K filed with the SEC on January 22, 2024 as incorporated by reference for recent sales of unregistered securities.
Purchases of equity securities by the issuer and affiliated purchasers
None.
Item 6. [Reserve]
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.