Solid Power, Inc. 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Market Information Our common stock and Warrants are traded on The Nasdaq Stock Market LLC under the symbols “SLDP” and “SLDPW,” respectively. Holders of Common Stock and Warrants As of February 26, 2025, there were 30 record holders of our common stock and four record holders of our Warrants. The actual number of stockholders and Warrant holders, respectively, is greater than this number of record holders and includes investors who are beneficial owners but whose shares or Warrants are held in street name by brokers and other nominees. Recent Sales of Unregistered Securities On October 21, 2024, we issued a total of 298,508 shares of restricted stock to two individuals who provide services to our strategic partner in the Republic of Korea. A total of 59,702 of these shares of restricted stock vested immediately upon issuance. The issuances were intended to incentivize such individuals to provide services that directly and indirectly benefit us. The restricted stock was issued pursuant to the provisions of Regulation S of the Securities Act on the basis that both individuals are not residents of the United States and are otherwise not “U.S. persons,” as defined in Rule 902(k) of Regulation S of the Securities Act. See Note 11 of our audited financial statements included in this Report for more information. Issuer Purchases of Equity Securities The following table summarizes our common stock repurchase program activity for the three months ended December 31, 2024: ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Period ​ Total Number of Shares Purchased ​ Average Price Paid Per Share ​ Total Number of Shares Purchased as Part of Publicly Announced Program (1) ​ Approximate Dollar Value of Shares that May Yet Be Purchased under the Program (1) October 1 - October 31, 2024 ​ — ​ $ — ​ — ​ $ 41,726,078 November 1 - November 30, 2024 ​ 704,401 ​ $ 1.12 ​ 704,401 ​ $ 40,927,283 December 1 - December 31, 2024 ​ — ​ $ — ​ — ​ $ 40,927,283 Total ​ 704,401 ​ $ 1.12 ​ 704,401 ​ ​ ​ ​ (1) On January 23, 2024, we announced that our Board approved a stock repurchase program authorizing us to purchase up to $50 million of our outstanding common stock. Under the repurchase program, we may purchase shares of our common stock from time to time until the repurchase program expires on December 31, 2025. The shares of common stock may be purchased on the open market, in unsolicited negotiated transactions, or in any manner that complies with the provisions of Rule 10b-18 of the Exchange Act. Management’s decision to repurchase shares of common stock will depend on a number of factors, such as the price of our common stock, economic and market conditions, and corporate and regulatory requirements. Item 6. [R eserved]