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 B common stock is listed on the NYSE American under the symbol “ZONE.”
Number
of Holders of our Common Shares
As of September 19, 2024, there were approximately 29 stockholders
of record of our class B common stock. In computing the number of holders of record of our class B common stock, each broker-dealer and
clearing corporation holding shares on behalf of its customers is counted as a single stockholder.
Dividend
Policy
We
have never declared or paid cash dividends on 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 cash dividends in the near future. We may also enter into credit
agreements or other borrowing arrangements in the future that will restrict our ability to declare or pay cash dividends. Any future
determination to declare dividends will be made at the discretion of our board of directors and will depend on our financial condition,
operating results, capital requirements, contractual restrictions, general business conditions and other factors that our board of directors
may deem relevant. See also Item 1A “ Risk Factors—Risks Related to Ownership of
Our Common Stock— We do not expect to declare or pay dividends in the foreseeable future .”
Securities
Authorized for Issuance under Equity Compensation Plans
See
Item 12 “ Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters .”
Recent
Sales of Unregistered Securities
We
have not sold any equity securities during the 2024 fiscal year that were not previously disclosed in a quarterly report on Form 10-Q
or a current report on Form 8-K that was filed during the 2024 fiscal year.
Purchases
of Equity Securities
No
repurchases of our common stock were made during the fourth quarter of fiscal year 2024.
ITEM 6. [RESERVED]
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