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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.

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<ul><li>Eventful start to the year. Last week, TMC provided the investment community with an update on its business performance, 1Q25 financial results, and events that took place after the close of the quarter, which included completing a successful capital raise and filing three applications with the NOAA for exploration and commercial collection of polymetallic nodules in the Clarion-Clipperton Zone (CCZ) of the Pacific Ocean.</li><li>1Q25 operating loss and cash use rates reduced. TMC’s 1Q25 operating loss of $18 million improved from the year-ago loss of $24.7 million as an $8.6 million decline in exploration and evaluation expenses was partially offset by a $1.9 million increase in general &amp; administrative expenses.</li><li>TMC used $9.3 million in cash during the quarter, slowing its cash burn rate from last year’s $11.8 million.</li></ul>

Eventful start to the year. Last week, TMC provided the investment community with an update on its business performance, 1Q25 financial results, and events that took place after the close of the quarter, which included completing a successful capital raise and filing three applications with the NOAA for exploration and commercial collection of polymetallic nodules in the Clarion-Clipperton Zone (CCZ) of the Pacific Ocean.1Q25 operating loss and cash use rates reduced. TMC’s 1Q25 operating loss of $18 million improved from the year-ago loss of $24.7 million as an $8.6 million decline in exploration and evaluation expenses was partially offset by a $1.9 million increase in general &amp; administrative expenses.TMC used $9.3 million in cash during the quarter, slowing its cash burn rate from last year’s $11.8 million.

TMC US: Capital Injection and Regulatory Clarity Pave the Way for Sprint Toward Approval

TMC the metals co

TMC US: Capital Injection and Regulatory Clarity Pave the Way for Sprint Toward Approval