Microcap IPOs Plague Retail Investors While Bankers Cash In

Microcap IPOs in 2022 have posted disastrous returns, with shares down 65% on average.

Investment bankers win big through fees and warrants while retail investors take the losses.

Nasdaq is the exchange of choice for these dubious deals, lending them credibility.

Institutional investors are largely absent, with only 4% median ownership of these stocks.

Bankers and executives benefit through fees and compensation while diluting shareholder value.