Research from Water Tower Research, Water Tower Research

Water Tower Research

Research from Water Tower Research

Water Tower Research is a leading equity research firm that provides research on micro, small and mid cap companies.

Water Tower Research was founded by Wall Street veterans after witnessing a fundamental shift in the investment research industry with the result being a declining knowledge base among investors, a lack of awareness and a shrinking pool of fundamental research being conducted on companies across the small-cap and micro-cap spectrum. The same issues are now increasingly occurring in the mid-cap space. This sea change within the investment community is impacting not only the companies themselves but also current shareholders and potential investors. With significantly less active sell-side sponsorship by Wall Street, a substantial information gap has developed between companies and various constituents in the financial community. The net result is fewer channels for insight and information to flow between companies and investors.

Equity Research Firm

Thematic (Sector/Industry)

<div><div><div><ul style="list-style-type: disc;"><li><p>As IBC deal cancellations continue to accelerate.... June brought 12 deal termination announcements, which happens to be the largest number of deal cancellations to occur in any one month ever.</p></li><li><p>Among the deal casualties in June is SPAC TKB Critical Technologies 1’s (USCT) proposed merger with already de-SPACed once WEJO.</p></li><li><p>This particular deal cancellation was always in the cards after the UK-based vehicle data provider filed for bankruptcy at the end of May.</p></li></ul></div></div></div>

As IBC deal cancellations continue to accelerate.... June brought 12 deal termination announcements, which happens to be the largest number of deal cancellations to occur in any one month ever.Among the deal casualties in June is SPAC TKB Critical Technologies 1’s (USCT) proposed merger with already de-SPACed once WEJO.This particular deal cancellation was always in the cards after the UK-based vehicle data provider filed for bankruptcy at the end of May.

<ul><li>Excess supply of SPACs continues to dwindle. SPAC IPOs continue to be few and far between, with the sole pricing thus far in June being media &amp; entertainment focused ESH Acquisition Corp.</li><li>(ESHA) priced on June 14, with the SPAC raising $115 million including take-up of the underwriter’s green shoe option.</li><li>This brings the total to 16 IPOs as we approach the end of the first half of 2023.</li></ul>

Excess supply of SPACs continues to dwindle. SPAC IPOs continue to be few and far between, with the sole pricing thus far in June being media &amp; entertainment focused ESH Acquisition Corp.(ESHA) priced on June 14, with the SPAC raising $115 million including take-up of the underwriter’s green shoe option.This brings the total to 16 IPOs as we approach the end of the first half of 2023.

SPAC Talk - The State of the Market - Signs of Life

Hong Kong

Malacca Straits Acquisition Company Limited operates as a blank check company. The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, and similar business combination with one or more businesses.

Malacca Straits Acquisition Company (MLAC US)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Malacca Straits Acquisition Company (MLAC US)

SPAC Talk - SPACs and the EV Blow-Up

Among the deal casualties in June is SPAC TKB Critical Technologies 1’s (USCT) proposed merger with already de-SPACed once WEJO.

Water Tower Research

SPAC Talk - The State of the Market - Signs of Life

Excess supply of SPACs continues to dwindle. SPAC IPOs continue to be few and far between, with the sole pricing thus far in June being media &...

Water Tower Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)