−Removed: Market for Common Equity and Related Stockholder Matters and Issuer Purchases of Equity Securities.
+Added: Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities.
Market information
−Removed: Our common stock is traded on the NYSE American under the symbol UAMY.
−Removed: The approximate number of holders of record of our common stock at July 15, 2023 is 2,359.
−Removed: Except as follows, we have not declared or paid any dividends to our common stockholders during the last five years and do not anticipate paying dividends on our common stock in the foreseeable future.
−Removed: Instead, we expect to retain earnings for the operation and expansion of our business.
−Removed: On November 28, 2022, the Company declared a dividend on the Series D Preferred Stock in the aggregate amount of $787,730, which was paid on January 18, 2023.
−Removed: All outstanding shares of Series D Preferred Stock were converted to 1,692,672 shares of common stock on January 25, 2023.
−Removed: Unregistered Sales of Equity Securities
−Removed: During the year ended December 31, 2022, the Company issued 132,980 shares of common stock to the board of directors to satisfy stock payable to directors for services of $62,501 that were outstanding at December 31, 2021.
−Removed: On January 25, 2023, the holders of 1,692,672 shares of Series D Preferred stock converted the preferred shares and the Company issued 1,692,672 shares of common stock.
−Removed: The Company also paid the holders $787,730 for dividends payable as declared on November 28, 2022
+Added: The principal market for our common stock is the NYSE American where it is traded under the symbol UAMY.
+Added: Holders of Record
+Added: The approximate number of shareholders of record of our common stock at December 31, 2023 is 10,956.
+Added: The number of record holders is based upon the actual number of holders registered on our books at such date and does not include holders of shares in street name or persons, partnerships, associations, corporations or other entities identified in security position listings maintained by depository trust companies.
+Added: Dividend Policy
+Added: We have not declared or paid any cash dividends to our common stockholders during the last five years and do not anticipate paying cash dividends on our common stock in the foreseeable future.
+Added: Instead, we expect to retain earnings for the operation, improvement, and expansion of our business.
+Added: On November 28, 2022, the Company declared a dividend on the Series D Preferred Stock in the aggregate amount of $787,730, which was included in “dividends payable” in the Consolidated Balance Sheet at December 31, 2022 and was paid on January 18, 2023.
+Added: Sales of Unregistered Equity Securities
+Added: On August 24, 2022, the Company issued 132,980 shares of common stock to the board of directors to satisfy the stock payable to directors for their board services of $62,501 that were outstanding and accrued at December 31, 2021.
+Added: On November 28, 2022, the holders of 1,692,672 outstanding shares of Series D Preferred stock, which represents all outstanding shares of Series D Preferred Stock, agreed to convert their preferred shares for 1,692,672 shares of common stock of the Company.
+Added: As of December 31, 2022, common shares had not yet been issued in conversion of the preferred shares.
+Added: On January 25, 2023, the holders of such shares of Series D Preferred stock converted their respective preferred shares and the Company issued 1,692,672 shares of common stock.
Securities Authorized for Issuance Under Equity Compensation Plans
−Removed: Information regarding our equity compensation plans as of December 31, 2022 is disclosed in Item 12 “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” of this Annual Report on Form 10-K.
−Removed: Purchases of Equity Securities
−Removed: During the year ended December 31, 2022, the Company repurchased $202,980 of its common stock under this repurchase program which represents 418,696 shares.
−Removed: As of December 31, 2022, no shares had been returned to treasury and $202,980 is included in ‘shares to be returned to treasury’ on the consolidated balance sheet (Note 18).
−Removed: Page 45 of 91
+Added: Information regarding our equity compensation plans as of December 31, 2023 is described in Item 12 “Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters” of this Annual Report.
+Added: Issuer Purchases of Equity Securities
+Added: There were no repurchases of the Company’s common stock during the quarter ended December 31, 2023.
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.