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
Market Information
Our Class A common stock is listed on the NASDAQ Capital Market under the symbol “VTVT”.
Dividend Policy
No cash dividends have ever been declared or paid on the common equity to date by the Company.
Holders
As of March 6, 2023, there were approximately 24 holders of record of our Class A common stock and 6 holders of record of our Class B common stock. Because almost all of the shares of our Class A common stock are held by brokers, nominees and other institutions on behalf of shareholders, we are unable to estimate the total number of shareholders represented by these record holders.
Securities Authorized for Issuance under Equity Compensation Plans
The following table summarizes information about our equity compensation plans as of December 31, 2022. The only awards that have been granted under the plan below are in the form of option and restricted stock unit awards related to our Class A common stock:
Plan Category Number of Securities to be Issued Upon Exercise
of Outstanding Options, Warrants and Rights
(a) Weighted average Exercise Price of Outstanding
Options, Warrants and Rights
(b) Number of Securities Remaining Available for
Future Issuance Under Equity Compensation
Plans (excluding securities reflected in column (a))
(c)
Equity compensation plans approved by security holders
2015 Omnibus Equity Incentive Plan 5,519,285 $2.81 1,424,882
Inducement Awards 2,824,659 $0.94 —
Equity compensation plans not approved by security holders —
Total 8,343,944 1,424,882
Issuer Purchases of Equity Securities
There have been no repurchases of the Company’s common stock during the fourth fiscal quarter of fiscal 2022.
ITEM 6. RESERVED
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Table of Con tents
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.