−Removed: UNREGISTERED SALES
−Removed: OF EQUITY SECURITIES AND USE OF PROCEEDS.
−Removed: May 31, 2022, the Board authorized a share repurchase program under which the Company was previously authorized to repurchase
−Removed: up to $10.0 million of the Company’s outstanding shares of common stock from time to time until May 15, 2023, through a
−Removed: Rule 10b5-1 trading plan in compliance with all applicable laws and regulations, including Rule 10b-18 of the Exchange Act (the
−Removed: “Prior Repurchase Program”).
−Removed: The purchase period for the Prior Repurchase Program was July 1, 2022 through May 15,
+Added: UNREGISTERED SALES OF
+Added: EQUITY SECURITIES AND USE OF PROCEEDS.
May 16, 2023, the Company announced that the Board had authorized the Company to repurchase up to $10.0 million of the Company’s
outstanding shares of common stock from time-to-time until May 16, 2024, through a trading plan established in compliance with
−Removed: Rule 10b5-1 and Rule 10b-18 of the Exchange Act (the “New Repurchase Program”).
−Removed: The actual timing, number and value
−Removed: of shares repurchased under the New Repurchase Program will depend on several factors, including the constraints specified in
−Removed: the Rule 10b5-1 trading plan, price, and general market conditions.
−Removed: There is no guarantee as to the exact number of shares that
−Removed: will be repurchased under the New Repurchase Program.
−Removed: Our Board may also suspend or discontinue the New Repurchase Program at
−Removed: any time, in its sole discretion.
−Removed: The purchase period for the New Repurchase Program is May 16, 2023 through May 16,
−Removed: table below summarizes information about our purchases of common stock during the three months ended September 30, 2023:
+Added: Rule 10b5-1 and Rule 10b-18 of the Exchange Act (the “Repurchase Program”).
+Added: The actual timing, number and value of
+Added: shares repurchased under the Repurchase Program will depend on several factors, including the constraints specified in the Rule
+Added: 10b5-1 trading plan, price, and general market conditions.
+Added: There is no guarantee as to the exact number of shares that will be
+Added: repurchased under the Repurchase Program.
+Added: Our Board may also suspend or discontinue the Repurchase Program at any time, in its
+Added: sole discretion.
+Added: The purchase period for the Repurchase 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 March 31, 2024:
Total Number of
5 unchanged sentences
Maximum Approximate
−Removed: Dollar Value That May
−Removed: Yet Be Repurchased
+Added: Yet Be Purchased
Under the Plan
−Removed: July 1, 2023 - July 31, 2023
−Removed: August 1, 2023 - August 31, 2023
−Removed: September 1, 2023 - September 30, 2023
−Removed: of September 30, 2023, the Company has repurchased an aggregate of 113,639 shares under the Prior Repurchase Program and an aggregate
−Removed: of 311,855 shares under the New Repurchase Program at a total cost of $7.2 million, or $16.99 per share.
−Removed: As of September 30, 2023,
−Removed: the maximum dollar value of shares that may yet be purchased under the New Repurchase Program was approximately $4.8 million of
−Removed: shares of common stock.
−Removed: No shares are available for repurchase under the Prior Repurchase Program, which expired on May 15, 2023.
+Added: January 1, 2024 - January 31, 2024
+Added: February 1, 2024 - February 29, 2024
+Added: March 1, 2024 - March 31, 2024
+Added: of March 31, 2024, the Company has repurchased an aggregate of 384,386 shares under the Repurchase Program at a total cost of $6.4
+Added: million, or $16.72 per share.
+Added: As of March 31, 2024, the maximum dollar value of shares that may yet be purchased under the
+Added: Repurchase Program was approximately $3.6 million shares of common stock.
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.