As if being an investment manager is a bad thing lol. Here's a list of investment managers trading on the NYSE: The pps on just the ones I'm listing here ranges from $12 to $154.
1 Affiliated Managers Group, Inc. AMG $68.38 pps 2 Affiliated Managers Group, Inc. MGR $27.17 pps 3 AllianceBernstein Holding L.P. AB $27.04 pps 4 AMERIPRISE FINANCIAL SERVICES, INC. AMP $154.11 pps 5 Apollo Global Management, Inc APO $44.75 pps 6 Ares Management Corporation ARES $42.42 7 Artisan Partners Asset Management Inc. APAM $38.39 pps 8 AssetMark Financial Holdings, Inc. AMK $21.74 pps 9 BrightSphere Investment Group Inc. BSA $25.35 pps 10 BrightSphere Investment Group Inc. BSIG $12.90 11 Cohen & Steers Inc CNS $55.74 pps 12 Eaton Vance Corporation EV $38.15 pps 13 Evercore Inc. EVR $65.46 pps 14 Federated Investors, Inc. FII $36.23 pps 15 Franklin Resources, Inc. BEN $20.35 pps
Here are more ^^^. I'll do the same for NASDAQ. There's no better kind of firm for an uplist to a major exchange than wealth management for high net worth individuals. The pps ranges from $2.38 to $160.60. Yeah, I think I'm good with the new controlling company being an investment manager.
1 Diamond Hill Investment Group, Inc. DHIL $126.32 pps 2 Focus Financial Partners Inc. FOCS $32.79 pps 3 Hamilton Lane Incorporated HLNE $64.59 pps 4 Hennessy Advisors, Inc. HNNA $8.29 pps 5 Morningstar, Inc. MORN $160.61 pps 6 PUHUI WEALTH INVESTMENT MANAGEMENT PHCF $3.00 7 Puyi Inc.PUYI $5.59 8 Silvercrest Asset Management Group SAMG $10.46 9 The Carlyle Group L.P. CG $24.67 10 U.S. Global Investors, Inc. GROW $2.38 11 Value Line, Inc. VALU $24.70 12 Victory Capital Holdings, Inc. VCTR $16.89 13 Virtus Investment Partners, Inc. VRTS $138.65
All that said, the direct investments of FiveT, for which there's plenty of evidence via SEC filings for PLUG, American Apparel, etc., suggest they're investing their own capital, while I'd expect FiveMore Fund to be their vehicle for pooling investors' money.
Somehow I think we can crack the 1.5 cent range lolololol