−Removed: UNREGISTERED SALES OF
−Removed: EQUITY SECURITIES AND USE OF PROCEEDS.
−Removed: May 31, 2022, the Board authorized a share repurchase program under
−Removed: which the Company was authorized to repurchase up to $10.0 million of the Company’s outstanding shares of common stock from
−Removed: time to time until May 31, 2022, through a Rule 10b5-1 trading plan in compliance with all applicable laws and regulations,
−Removed: including Rule 10b-18 of the Securities Exchange Act.
−Removed: The actual timing, number and value of shares repurchased under the program
−Removed: will depend on several factors, including the constraints specified in the Rule 10b5-1 trading plan, price, and general market
−Removed: There is no guarantee as to the exact number of shares that will be repurchased under the trading plan.
−Removed: may also suspend or discontinue the repurchase program at any time, in its sole discretion.
−Removed: The purchase period is July 1,
−Removed: 2022 through May 15, 2023.
−Removed: table below summarizes information about our purchases of common stock during the three months ended March 31, 2023:
−Removed: Total Number of
−Removed: Total Number of
+Added: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS.
+Added: May 31, 2022, the Board authorized a share repurchase program under which the Company was previously authorized to repurchase up to $10.0
+Added: million of the Company’s outstanding shares of common stock from time to time until May 15, 2023, through a Rule 10b5-1 trading
+Added: plan in compliance with all applicable laws and regulations, including Rule 10b-18 of the Exchange Act (the “Prior Repurchase Program”).
+Added: The purchase period for the Prior Repurchase Program was July 1, 2022 through May 15, 2023.
+Added: On May 16, 2023, the Company
+Added: announced that the Board had authorized the Company to repurchase up to $10.0 million of the Company’s outstanding shares of common
+Added: stock from time-to-time until May 16, 2024, through a trading plan established in compliance with Rule 10b5-1 and Rule 10b-18 of the
+Added: Exchange Act (the “New Repurchase Program”).
+Added: The actual timing, number and value of shares repurchased under the New Repurchase
+Added: Program will depend on several factors, including the constraints specified in the Rule 10b5-1 trading plan, price, and general market
+Added: There is no guarantee as to the exact number of shares that will be repurchased under the New Repurchase Program.
+Added: may also suspend or discontinue the New Repurchase Program at any time, in its sole discretion.
+Added: The purchase period for the New Repurchase
+Added: Program is May 16, 2023 through May 16, 2024.
+Added: table below summarizes information about our purchases of common stock during the three months ended June 30, 2023:
Shares Purchased
2 unchanged sentences
Maximum Number
−Removed: of Shares That May
−Removed: Yet Be Purchased
+Added: Appropriate Dollar
+Added: Value) of Shares That
+Added: May Yet Be Repurchased
Under the Plan
−Removed: January 1, 2023 - January 31, 2023
−Removed: February 1, 2023 - February 28, 2023
−Removed: March 1, 2023 - March 31, 2023
−Removed: of March 31, 2023, the Company has repurchased 92,667 shares under the share repurchase program at a total cost of $1.7 million,
−Removed: or $18.00 per share.
−Removed: As of March 31, 2023, the maximum number of shares that may yet be purchased under the plan was approximately
−Removed: $8.3 million, or 621,619 shares of common stock.
+Added: April 1, 2023 - April 30, 2023
+Added: May 1, 2023 - May 31, 2023 (1)
+Added: June 1, 2023 - June 30, 2023
+Added: Prior Repurchase Program expired on May 15, 2023, and the New Repurchase Program began on
+Added: May 16, 2023.
+Added: approximate dollar value of shares available for repurchase under the New Repurchase Program as of the end of the applicable
+Added: of June 30, 2023, the Company has repurchased an aggregate of 113,639 shares under the Prior Repurchase Program and an aggregate of
+Added: 251,520 shares under the New Repurchase Program at a total cost of $6.3 million, or $17.16 per share.
+Added: As of June 30, 2023, the
+Added: maximum dollar value of shares that may yet be purchased under the New Repurchase Program was approximately $5.8 million of shares
+Added: of common stock.
+Added: No shares are available for repurchase under the Prior Repurchase Program, which expired on May 15,
UPON SENIOR SECURITIES.
2 unchanged sentences
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.