Create Awareness of Corporate Growth Strategy
OBJECTIVE
Support corporate growth strategy and increase long-term valuation of equity by enhancing investor awareness and maintaining Nasdaq listing
BACKGROUND & PROCESS
- Refined messaging materials including key investor messages and corporate presentation
- Implemented use of PowerPoint slides to accompany quarterly investor call script for increased visibility
- Launched a redesigned IR section of the website
- Provided strategic input and analysis on potential financing alternatives
- Identified options and coordinated participation in 4 investor conferences
- Coordinated ~165 meetings/calls with investors/bankers/analysts (up 83% from ~90 meetings in prior year)
- Coordinated meetings with ~20 investment bankers and sell-side analysts
RESULTS
- Stock price valuation increased by 67% ($.85 to $1.42 per share) for the year and regained compliance with Nasdaq listing requirements
- Successful execution of $10 million underwritten public offering
- Established relationship and coverage by new sell-side analyst