SQNM » Topics » Item 4. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

This excerpt taken from the SQNM 10-K filed Mar 12, 2009.

Item 4.    SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

 

No matter was submitted to a vote of security holders during the fourth quarter of 2008.

 

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PART II

 

Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

 

(a) Our common stock is traded on The Nasdaq Global Market under the symbol “SQNM.” The following tables set forth the high and low sales prices for the Company’s common stock as reported on The Nasdaq Global Market for the periods indicated.

 

     High    Low

Year Ended December 31, 2008:

     

Fourth Quarter

   $ 26.72    $ 12.71

Third Quarter

     27.76      16.28

Second Quarter

     15.96      5.07

First Quarter

     9.40      5.06

Year Ended December 31, 2007:

     

Fourth Quarter

   $ 11.25    $ 7.80

Third Quarter

     7.19      4.33

Second Quarter

     4.96      2.99

First Quarter

     5.44      3.61

 

There were approximately 118 holders of record of our common stock as of February 2, 2009. We have not paid any cash dividends to date and do not anticipate any being paid in the foreseeable future.

 

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Performance Measurement Comparison*

 

The following graph compares the cumulative total stockholder return on our common stock between December 31, 2003 and December 31, 2008 with the cumulative total return of (i) the NASDAQ Composite Index (NASDAQ Index) and (ii) the NASDAQ Biotechnology Index (the NASDAQ Biotech Index), over the same period. This graph assumes the investment of $100.00 on December 31, 2003 in common stock, the NASDAQ Index and the NASDAQ Biotech Index, and assumes the reinvestment of any dividends.

 

LOGO

 

* This Section is not “soliciting material” is not deemed “filed” with the SEC and is not to be incorporated by reference in any of our filing under the Securities Act of 1933 or the Securities Exchange Act of 1934 whether made before or after the date hereof without regard to any general incorporation language in any such filing.

 

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This excerpt taken from the SQNM 10-K filed Mar 17, 2008.

Item 4.    SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

 

No matter was submitted to a vote of security holders during the fourth quarter of 2007.

 

28


Table of Contents

PART II

 

Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

 

(a) Our common stock is traded on the Nasdaq Global Market under the symbol “SQNM”. The following tables set forth the high and low sales prices for the Company’s common stock as reported on the Nasdaq Global Market for the periods indicated.

 

     High    Low

Year Ended December 31, 2007:

     

Fourth Quarter

   $ 11.25    $ 7.80

Third Quarter

     7.19      4.33

Second Quarter

     4.96      2.99

First Quarter

     5.44      3.61

Year Ended December 31, 2006:

     

Fourth Quarter

   $ 6.24    $ 2.12

Third Quarter

     2.45      1.39

Second Quarter

     2.50      1.33

First Quarter

     2.64      1.80

 

There were approximately 142 holders of record of our common stock as of March 3, 2008. We have not paid any cash dividends to date and do not anticipate any being paid in the foreseeable future.

 

29


Table of Contents

Performance Measurement Comparison*

 

The following graph compares the cumulative total stockholder return on our common stock between December 31, 2002 and December 31, 2007 with the cumulative total return of (i) the NASDAQ Composite Index (“NASDAQ Index”) and (ii) the NASDAQ Biotechnology Index (the “NASDAQ Biotech Index”), over the same period. This graph assumes the investment of $100.00 on December 31, 2002 in common stock, the NASDAQ Index and the NASDAQ Biotech Index, and assumes the reinvestment of any dividends.

 

LOGO

 

* This Section is not “soliciting material” is not deemed “filed” with the SEC and is not to be incorporated by reference in any of our filing under the Securities Act of 1933 or the Securities Exchange Act of 1934 whether made before or after the date hereof without regard to any general incorporation language in any such filing.

 

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This excerpt taken from the SQNM 10-K filed Mar 30, 2007.

Item 4.    SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

 

No matter was submitted to a vote of security holders during the fourth quarter of 2006.

 

27


Table of Contents

PART II

 

Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

 

(a) Our common stock is traded on the Nasdaq Global Market under the symbol “SQNM”. The following tables set forth the high and low sale prices for the Company’s common stock as reported on the Nasdaq Global Market for the periods indicated.

 

     High

   Low

Year Ended December 31, 2006:

             

Fourth Quarter

   $ 6.24    $ 2.12

Third Quarter

     2.45      1.39

Second Quarter

     2.50      1.33

First Quarter

     2.64      1.80

Year Ended December 31, 2005:

             

Fourth Quarter

   $ 2.85    $ 1.80

Third Quarter

     3.57      2.01

Second Quarter

     3.69      2.52

First Quarter

     5.46      3.12

 

There were approximately 142 holders of record of our common stock as of February 28, 2007. We have not paid any cash dividends to date and do not anticipate any being paid in the foreseeable future.

 

28


Table of Contents

Performance Measurement Comparison*

 

The following graph compares the cumulative total stockholder return on our common stock between December 31, 2001 and December 31, 2006 with the cumulative total return of (i) the NASDAQ Composite Index (“NASDAQ Index”) and (ii) the NASDAQ Biotechnology Index (the “NASDAQ Biotech Index”), over the same period. This graph assumes the investment of $100.00 on December 31, 2001 in common stock, the NASDAQ Index and the NASDAQ Biotech Index, and assumes the reinvestment of any dividends.

 

LOGO


* This Section is not “soliciting material” is not deemed “filed” with the SEC and is not to be incorporated by reference in any of our filing under the Securities Act of 1933 or the Securities Exchange Act of 1934 whether made before or after the date hereof without regard to any general incorporation language in any such filing.

 

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Table of Contents
This excerpt taken from the SQNM 10-K filed Mar 31, 2006.

Item 4.    SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

 

No matter was submitted to a vote of security holders during the fourth quarter of 2005.

 

28


Table of Contents

PART II

 

Item 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

 

(a) Our common stock is traded on the NASDAQ National Market under the symbol “SQNM”. The following tables set forth the high and low sale prices, for the Company’s common stock as reported on the NASDAQ National Market for the periods indicated.

 

     High

   Low

Year Ended December 31, 2005:

             

Fourth Quarter

   $ 0.95    $ 0.60

Third Quarter

     1.19      0.67

Second Quarter

     1.23      0.84

First Quarter

     1.82      1.04

Year Ended December 31, 2004:

             

Fourth Quarter

   $ 1.63    $ 0.80

Third Quarter

     1.36      0.81

Second Quarter

     2.94      1.41

First Quarter

     4.24      2.87

 

There were approximately 348 holders of record of our common stock as of March 15, 2006. We have not paid any cash dividends to date and do not anticipate any being paid in the foreseeable future.

 

On September 16, 2005, we received a notice from the Listing Qualifications Department of The NASDAQ Stock Market stating that for the last 30 consecutive business days, the bid price of our common stock had closed below the minimum $1.00 per share requirement for continued inclusion under NASDAQ Marketplace Rule 4450(a)(5). Pursuant to NASDAQ Marketplace Rule 4450(e)(2), we were provided until March 15, 2006 to regain compliance. On March 16, 2006, we received a letter from the Listing Qualifications Department of The NASDAQ Stock Market notifying us that our common stock will be delisted, and that we may appeal the staff’s determination to a Listing Qualifications Panel. The letter also states that, alternatively, we may apply to transfer our common stock to The NASDAQ Capital Market if we satisfy the requirements for initial inclusion on The NASDAQ Capital Market, other than the minimum bid price rule, and that if the application is approved, we will be afforded the remainder of the NASDAQ Capital Market’s additional 180-day compliance period to regain compliance with the minimum bid price rule while on the NASDAQ Capital Market. If we do not return to compliance after the second 180 day period, NASDAQ will issue a letter informing us that they will delist our common stock from the NASDAQ Capital Market. We have requested and been granted a hearing with NASDAQ to be held on April 12, 2006 to appeal the proposed delisting. We may not be successful with our appeal to the Listing Qualifications Panel.

 

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This excerpt taken from the SQNM 10-K filed Mar 16, 2005.

Item 4.    SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

 

No matter was submitted to a vote of security holders during the fourth quarter of 2004.

 

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