Item 2. Unregistered Sales of Equity Securities
ITEM
2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
Recent
Sale of Unregistered Equity Securities
During
the quarter ended June 30, 2026, no unregistered sales of equity securities occurred.
Repurchases
of Equity Securities
During
the three months ended June 30, 2026, the Company repurchased 345,991 shares of our common stock for $422,712. The following table presents
information with respect to purchases of common stock of the Company during the three months ended June 30, 2026, by the Company or an
“affiliated purchaser” of the Company, as defined in Rule 10b-18(a)(3) under the Exchange Act:
Period
Total
Number of
Shares
Purchased (1)
Average Price
Paid Per
Share
Total
Number
of
Shares
Purchased as
Part
of
Publicly
Announced
Plans or
Programs(2)
Approximate
Dollar Value
of Shares
That May Yet
Be Purchased
Under the
Publicly
Announced
Plans or
Programs
April 1, 2026 to April 30, 2026
27,400
$ 1.86
27,400
May 1, 2026 to May 31, 2026
-
-
-
June 1, 2026 to June 30, 2026
318,591
$ 1.17
318,591
Total
345,991
$ 1.22
345,991
$ 97,988,427
(1)
The
shares were purchased pursuant to our share repurchase program (the “2025 Repurchase Program”) which was publicly announced
by the Company on October 9, 2025. The 2025 Repurchase Program provides for the repurchase of up to $100 million of our outstanding
shares of common stock and will continue in effect until terminated.
(2)
This
column discloses the number of shares purchased pursuant to the program during the indicated time periods.
Item
3. Default Upon Senior Securities
None
Item
4. Mine Safety Disclosures
Not
applicable
12
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