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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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Equity Bottom-Up

Eco Wave Power Global AB / Equity Bottom-Up

<ul><li>On the latest WTR Small-Cap Spotlight, we were joined by Inna Braverman, CEO of Eco Wave Power (NASDAQ: WAVE) and our host, Tim Gerdeman, WTR’s Vice-Chair &amp; Co- Founder, and Chief Marketing Officer.</li><li>Eco Wave Power’s innovative approach to generating clean electricity from ocean and sea waves uses patented, cost-effective onshore wave energy technology.</li><li>Unlike most competitors who deploy large offshore systems, WAVE connects its unique floaters to existing man-made structures such as piers and breakwaters, simplifying installation and reducing costs.</li></ul>

On the latest WTR Small-Cap Spotlight, we were joined by Inna Braverman, CEO of Eco Wave Power (NASDAQ: WAVE) and our host, Tim Gerdeman, WTR’s Vice-Chair &amp; Co- Founder, and Chief Marketing Officer.Eco Wave Power’s innovative approach to generating clean electricity from ocean and sea waves uses patented, cost-effective onshore wave energy technology.Unlike most competitors who deploy large offshore systems, WAVE connects its unique floaters to existing man-made structures such as piers and breakwaters, simplifying installation and reducing costs.

WTR Small-Cap Spotlight Recap (WAVE) - October 13, 2025