2 unchanged sentences
Our common stock is listed on The Nasdaq Capital Market under the symbol SLS.
−Removed: As of February 28, 2020, there were approximately 26 holders of record of our common stock.
+Added: As of March 16, 2021, there were approximately 17 holders of record of our common stock.
Because many of our shares are held by brokers and other institutions on behalf of stockholders, we are unable to estimate the total number of individual stockholders represented by these holders of record.
−Removed: During 2018, we paid $0.5 million in cash dividends to the holders of our Series A Convertible Preferred stock issued in our March 2018 private placement.
−Removed: We paid no cash dividends in 2019.
−Removed: We do not anticipate paying any cash dividends on our common stock in the foreseeable future.
+Added: We have never paid any cash dividends on our common stock and do not anticipate paying any cash dividends on our common stock in the foreseeable future.
+Added: We expect to retain future earnings, if any, for use in our development activities and the operation of our business.
+Added: The payment of any future dividends will be subject to the discretion of our Board of Directors and will depend, among other things, upon our results of operations, financial condition, cash requirements, prospects and other factors that our Board of Directors may deem relevant.
+Added: Our ability to pay future dividends may be restricted by the terms of any future securities we may issue.
Recent Sales of Unregistered Securities
5 unchanged sentences
The following table provides information regarding the status of our existing equity compensation plans as of December 31, 2020:
−Removed: Plan Category
−Removed: Number of Securities to be Issued upon Exercise of Outstanding Options, Warrants and Rights
−Removed: Weighted Average Exercise Price of Outstanding Options, Warrants and Rights
−Removed: Number of Securities Remaining Available for Future Issuance under Equity Compensation Plans (Excluding Securities Reflected in Previous Columns)
+Added: 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 (Excluding Securities Reflected in Previous Columns)
Equity compensation plans approved by security holders
1 unchanged sentence
2019 Equity Incentive Plan 186,000 $ 1.87 100,689
−Removed: Employee Stock Purchase Plan
+Added: Restricted Stock Units 170,000 N/A —
+Added: Employee Stock Purchase Plan — N/A 8,302
Equity compensation plans not approved by security holders
+Added: Total 377,520 $ 13.38 108,991
SELECTED FINANCIAL DATA
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.