Micro Cap

OTGAU

OTG Acquisition Corp. I

Valuation N/A

Financial Services

Price$10.40

Model IV—

P/IV—

Limited data — see page

OTGAW

OTG Acquisition Corp. I

Valuation N/A

Financial Services

Price$0.31

Model IV—

P/IV—

Limited data — see page

OTH

OTH

Valuation N/A

Price$2.10

Model IV—

P/IV—

Limited data — see page

OTLK

Outlook Therapeutics, Inc.

Valuation N/A

Healthcare

Price$0.60

Model IV—

P/IV—

Market implies +41.0%/yr vs model +15.0% · above model

OVBC

OHIO VALLEY BANC CORP

Deeply overvalued

Financial Services

Price$44.74

Model IV$31.30

P/IV1.54

Premium +43% Return to IV: -30.0%

OVLY

Oak Valley Bancorp

Deeply overvalued

Financial Services

Price$33.37

Model IV$25.25

P/IV1.33

Premium +32% Return to IV: -24.3%

OWLS

OBOOK HOLDINGS INC.

Valuation N/A

Technology

Price$5.36

Model IV—

P/IV—

Limited data — see page

OWLT

Owlet, Inc.

Deeply overvalued

Healthcare

Price$4.73

Model IV$2.21

P/IV2.50

Premium +114% Return to IV: -53.3%

Market implies +12.5%/yr vs model +8.7% · above model

OXBR

OXBRIDGE RE HOLDINGS Ltd

Deeply overvalued

Financial Services

Price$1.02

Model IV$0.32

P/IV4.41

Premium +224% Return to IV: -69.1%

OXBRW

OXBRIDGE RE HOLDINGS Ltd

Deeply undervalued

Financial Services

Price$0.14

Model IV$0.35

P/IV0.57

Discount 60% Return to IV: +152.0%

OXLC

Oxford Lane Capital Corp.

Valuation N/A

Unknown

Price$8.56

Model IV—

P/IV—

Limited data — see page

OXLCG

Oxford Lane Capital Corp.

Valuation N/A

Unknown

Price$24.68

Model IV—

P/IV—

Limited data — see page

OXLCI

Oxford Lane Capital Corp.

Valuation N/A

Unknown

Price$25.18

Model IV—

P/IV—

Limited data — see page

OXLCN

Oxford Lane Capital Corp.

Valuation N/A

Unknown

Price$24.48

Model IV—

P/IV—

Limited data — see page

OXLCO

Oxford Lane Capital Corp.

Valuation N/A

Unknown

Price$23.72

Model IV—

P/IV—

Limited data — see page

OXLCP

Oxford Lane Capital Corp.

Valuation N/A

Unknown

Price$25.01

Model IV—

P/IV—

Limited data — see page

OXSQ

Oxford Square Capital Corp.

Valuation N/A

Unknown

Price$1.32

Model IV—

P/IV—

Limited data — see page

OYSE

Oyster Enterprises II Acquisition Corp

Valuation N/A

Financial Services

Price$10.41

Model IV—

P/IV—

Limited data — see page

OYSER

Oyster Enterprises II Acquisition Corp

Valuation N/A

Financial Services

Price$0.13

Model IV—

P/IV—

Limited data — see page

OYSEU

Oyster Enterprises II Acquisition Corp

Valuation N/A

Financial Services

Price$10.66

Model IV—

P/IV—

Limited data — see page

OZ

Belpointe PREP, LLC

Deeply overvalued

Real Estate

Price$37.07

Model IV$26.59

P/IV1.75

Premium +39% Return to IV: -28.3%

Market implies -5.1%/yr vs model +50.0% · below model

PAAC

Proem Acquisition Corp. I

Valuation N/A

Financial Services

Price$10.01

Model IV—

P/IV—

Limited data — see page

PAACU

Proem Acquisition Corp. I

Valuation N/A

Financial Services

Price$10.30

Model IV—

P/IV—

Limited data — see page

PAACW

Proem Acquisition Corp. I

Valuation N/A

Financial Services

Price$0.47

Model IV—

P/IV—

Limited data — see page

PAC

Pacific Airport Group

Valuation N/A

Industrials

Price$201.50

Model IV—

P/IV—

Limited data — see page

PACH

Pioneer Acquisition I Corp

Valuation N/A

Financial Services

Price$10.38

Model IV—

P/IV—

Limited data — see page

PACHU

Pioneer Acquisition I Corp

Valuation N/A

Financial Services

Price$10.43

Model IV—

P/IV—

Limited data — see page

PACHW

Pioneer Acquisition I Corp

Valuation N/A

Financial Services

Price$0.16

Model IV—

P/IV—

Limited data — see page

PAI

Western Asset Investment Grade Income Fund Inc.

Valuation N/A

Unknown

Price$11.30

Model IV—

P/IV—

Limited data — see page

PAII

Pyrophyte Acquisition Corp. II

Valuation N/A

Financial Services

Price$10.33

Model IV—

P/IV—

Limited data — see page

PAL

Proficient Auto Logistics, Inc

Valuation N/A

Industrials

Price$3.58

Model IV—

P/IV—

Limited data — see page

PALL

abrdn Palladium ETF Trust

Deeply undervalued

Financial Services

Price$20.77

Model IV$104.33

P/IV0.24

Discount 80% Return to IV: +402.3%

PALO

PALOMA ACQUISITION CORP I

Valuation N/A

Financial Services

Price$9.99

Model IV—

P/IV—

Limited data — see page

PALOU

PALOMA ACQUISITION CORP I

Valuation N/A

Financial Services

Price$10.10

Model IV—

P/IV—

Limited data — see page

PALOW

PALOMA ACQUISITION CORP I

Valuation N/A

Financial Services

Price$0.32

Model IV—

P/IV—

Limited data — see page

PAPL

Pineapple Financial Inc.

Valuation N/A

Financial Services

Price$0.85

Model IV—

P/IV—

Market implies +17.2%/yr

PARK

Park Dental Partners, Inc.

Valuation N/A

Healthcare

Price$20.25

Model IV—

P/IV—

Limited data — see page

PASG

Passage BIO, Inc.

Valuation N/A

Healthcare

Price$3.69

Model IV—

P/IV—

Limited data — see page

PASW

Ping An Biomedical Co., Ltd.

Deeply overvalued

Consumer Cyclical

Price$0.12

Model IV$0.05

P/IV2.43

Premium +132% Return to IV: -57.0%

Market implies +12.5%/yr vs model +15.0% · in line

PAVM

PAVmed Inc.

Valuation N/A

Healthcare

Price$2.79

Model IV—

P/IV—

Market implies +83.3%/yr vs model +2.0% · above model

PAVS

Paranovus Entertainment Technology Ltd.

Valuation N/A

Technology

Price$3.64

Model IV—

P/IV—

Market implies +77.2%/yr

PAXH

PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.

Valuation N/A

Consumer Cyclical

Price$0.22

Model IV—

P/IV—

Market implies +150.0%/yr

PAXS

PIMCO Access Income Fund

Valuation N/A

Unknown

Price$13.32

Model IV—

P/IV—

Limited data — see page

PAYP

PayPay Corp

Valuation N/A

Technology

Price$15.71

Model IV—

P/IV—

Limited data — see page

PBHC

Pathfinder Bancorp, Inc.

Fairly valued

Financial Services

Price$16.96

Model IV$17.31

P/IV1.06

Discount 2% Return to IV: +2.1%

PBM

PSYENCE BIOMEDICAL LTD.

Valuation N/A

Healthcare

Price$4.97

Model IV—

P/IV—

Limited data — see page

PBMWW

PSYENCE BIOMEDICAL LTD.

Valuation N/A

Healthcare

Price$0.02

Model IV—

P/IV—

Limited data — see page

PBSV

Pharma-Bio Serv, Inc.

Deeply overvalued

Industrials

Price$0.48

Model IV$0.14

P/IV3.26

Premium +256% Return to IV: -71.9%

Market implies +18.8%/yr vs model +2.0% · above model

PC

Premium Catering (Holdings) Ltd

Valuation N/A

Consumer Cyclical

Price$9.40

Model IV—

P/IV—

Market implies +42.6%/yr vs model +15.0% · above model

PCAP

ProCap Acquisition Corp

Valuation N/A

Financial Services

Price$10.40

Model IV—

P/IV—

Limited data — see page

PCAPU

ProCap Acquisition Corp

Valuation N/A

Financial Services

Price$10.47

Model IV—

P/IV—

Limited data — see page

PCAPW

ProCap Acquisition Corp

Valuation N/A

Financial Services

Price$0.31

Model IV—

P/IV—

Limited data — see page

PCF

HIGH INCOME SECURITIES FUND

Valuation N/A

Unknown

Price$5.04

Model IV—

P/IV—

Limited data — see page

PCLA

PicoCELA Inc.

Valuation N/A

Industrials

Price$6.62

Model IV—

P/IV—

Market implies +8.3%/yr

PCM

PCM FUND, INC.

Valuation N/A

Unknown

Price$5.03

Model IV—

P/IV—

Limited data — see page

PCN

PIMCO CORPORATE & INCOME STRATEGY FUND

Valuation N/A

Unknown

Price$10.89

Model IV—

P/IV—

Limited data — see page

PCQ

PIMCO CALIFORNIA MUNICIPAL INCOME FUND

Valuation N/A

Unknown

Price$7.78

Model IV—

P/IV—

Limited data — see page

PCSA

Processa Pharmaceuticals, Inc.

Valuation N/A

Healthcare

Price$1.52

Model IV—

P/IV—

Limited data — see page

PCSC

Perceptive Capital Solutions Corp

Valuation N/A

Healthcare

Price$11.95

Model IV—

P/IV—

Limited data — see page

PCTTW

PureCycle Technologies, Inc.

Valuation N/A

Basic Materials

Price$0.65

Model IV—

P/IV—

Market implies +31.3%/yr vs model +5.0% · above model