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 Capital Market, or Nasdaq,
under the symbol “STI” since 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 March 31, 2026, there were 22 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]
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.