Small-Cap CEO/CFO Survey Results

BIGGEST CAPITAL MARKET CHALLENGES? (RANK THE TOP 3) 79 64 49 46 42 40 14 3 7 0 10 20 30 40 50 60 70 80 90 Increasing the liquidity of your stock Increasing your share price Raising capital Attracting institutional investors Attracting analyst coverage Attracting retail investors Financing options Shareholder activism Other (please explain below) 4

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