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 have traded on the Nasdaq Global Market, or Nasdaq, under the symbol “STI” on February 5, 2024. Prior to that
date, Nubia’s Class A Common Stock and Public Warrants were listed on the Nasdaq Global under the symbols “NUBI” and “NUBIW”
respectively.
Holders
of Record
As of April 14, 2025, there were 27 holders of
record of our common stock. The actual number of stockholders of our common stock is greater than this number of record holders and includes
stockholders who are beneficial owners but whose shares of common stock are held in street name by banks, brokers and other nominees.
Dividends
We
have not declared or paid any dividends, or authorized or made any distribution upon or with
respect to any class or series of our capital stock. We currently intend to retain all available
funds and any future earnings for use in the operation of our business and do not anticipate
paying any dividends on our capital stock in the foreseeable future. Any future determination
to declare dividends will be made at the discretion of our board of directors, subject to
applicable laws, and will depend on our financial condition, operating results, capital requirements,
general business conditions and other factors that our board of directors may deem relevant.
Securities
Authorized for Issuance Under Equity Compensation Plans
None.
Recent Sales of Unregistered Securities
None.
Purchases
of Equity Securities by the Issuer and Affiliated Purchasers
None.
ITEM 6.
[RESERVED]
None.
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.