Research from Water Tower Research, Water Tower Research

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.

Research from Water Tower Research

Equity Research Firm

Equity Bottom-Up

<ul><li>NASDAQ materially expands investor access. </li><li>FRSPF pursued the listing partly in response to US institutions that wanted a major exchange security before considering an investment, effectively removing a barrier to participation for a potentially larger pool of capital.</li><li>Since ringing the NASDAQ Opening Bell, trading activity has increased sharply across the company’s listings, with daily turnover at times reaching US$15-20M and cumulative volume since the event exceeding its prior lifetime trading history.</li></ul>

NASDAQ materially expands investor access. FRSPF pursued the listing partly in response to US institutions that wanted a major exchange security before considering an investment, effectively removing a barrier to participation for a potentially larger pool of capital.Since ringing the NASDAQ Opening Bell, trading activity has increased sharply across the company’s listings, with daily turnover at times reaching US$15-20M and cumulative volume since the event exceeding its prior lifetime trading history.

FRSPF: NASDAQ Uplisting Brings Greater Trading Liquidity, Visibility, and Financing Optionality

First Phosphate Corp

FRSPF: NASDAQ Uplisting Brings Greater Trading Liquidity, Visibility, and Financing Optionality