U.S. Nano Cap Stocks

Rave Restaurant Group

Market Cap: US$42.8m

Through its subsidiaries, engages in the operation and franchising of pizza buffet, delivery/carry-out, express restaurants, and ghost kitchens under the Pizza Inn and Pie Five trademarks in the United States and internationally.

Peoples Bancorp

Market Cap: US$42.5m

Operates as the holding company for The Peoples Bank that provides various banking products and services to individuals, small businesses, associations, and government entities in Kent, Cecil, Queen Anne's, and Talbot Counties, Maryland.

Touchmark Bancshares

Market Cap: US$42.5m

Operates as the bank holding company for Touchmark National Bank that provides various banking products and services to individuals and businesses in Georgia.

FFW

Market Cap: US$42.3m

Operates as the bank holding company for Crossroads Bank that provides various banking products and services.

Beam Global

Market Cap: US$42.3m

A clean-technology innovation company, engages in the design, development, engineering, manufacture, and sale of renewably energized infrastructure products and battery solutions in the United States and Romania.

CMUV Bancorp

Market Cap: US$42.1m

Operates as the bank holding company for Community Valley Bank that provides financial services to individuals and businesses in California.

Oconee Financial

Market Cap: US$42.0m

Operates as the bank holding company for Oconee State Bank that provides a range of commercial and consumer banking products and services to consumers, businesses, and communities.

Autoscope Technologies

Market Cap: US$42.0m

Develops and markets video and radar processing products for use in intersection control, highway, bridge and tunnel traffic management, and traffic data collection applications in the Asia Pacific, Europe, the Middle East, and North America.

Optical Cable

Market Cap: US$41.9m

Manufactures and sells fiber optic and copper data communications cabling and connectivity solutions primarily for the enterprise market in the United States and internationally.

WiMi Hologram Cloud

Market Cap: US$41.7m

Provides augmented reality (AR) based holographic services and products in China.

U.S. Energy

Market Cap: US$41.5m

An independent energy company, focuses on the acquisition, exploration, and development of industrial gas, and oil and natural gas properties in the continental United States.

Citizens National

Market Cap: US$41.3m

Operates as the bank holding company for Citizens Bank of Kentucky that provides various banking products and services in Eastern Kentucky, the United States.

Sturgis Bancorp

Market Cap: US$41.1m

Operates as the bank holding company for Sturgis Bank & Trust Company that provides banking products and services in Michigan, the United States.

MariMed

Market Cap: US$40.8m

Engages in cultivation, production, and selling of branded cannabis products in the United States and internationally.

LGL Group

Market Cap: US$40.3m

Engages in the design, manufacture, and marketing of time and frequency instruments in the United States and internationally.

Mersana Therapeutics

Market Cap: US$40.1m

A clinical-stage biopharmaceutical company, develops antibody-drug conjugates (ADC) for cancer patients with unmet needs.

Pioneer Power Solutions

Market Cap: US$39.9m

Pioneer Power Solutions, Inc., together with its subsidiaries, design, manufacture, integrate, refurbish, distribute, sell, and service electric power systems, distributed energy resources, power generation equipment, and mobile EV charging solutions.

Home Federal Bancorp of Louisiana

Market Cap: US$39.9m

Operates as the holding company for Home Federal Bank that provides various financial services to individuals, corporate entities, and other organizations in Louisiana.

Golden Valley Bancshares

Market Cap: US$39.8m

Operates as a bank holding company for Golden Valley Bank that provides various commercial banking products and services to small to middle-market businesses, professionals, and not-for-profit organizations.

Kun Peng International

Market Cap: US$39.6m

Engages in the distribution of health care and health-related household products through its online platforms in the People’s Republic of China.

American Overseas Group

Market Cap: US$39.2m

Through its subsidiaries, provides property and casualty insurance and reinsurance services in Barbados and the United States.

Bioqual

Market Cap: US$38.6m

Provides in-vivo and in-vitro pre-clinical research services to commercial and government clients in the United States.

Solera National Bancorp

Market Cap: US$38.5m

Operates as the bank holding company for Solera National Bank, which provides commercial and consumer banking services in the United States.

Nvni Group

Market Cap: US$38.4m

Through its subsidiaries, operates in business-to-business software as a service (SaaS) market in Brazil and Latin America.

Rockwell Medical

Market Cap: US$38.3m

Develops, manufactures, commercializes, and distributes various hemodialysis products for dialysis providers worldwide.

Andover Bancorp

Market Cap: US$38.2m

Operates as the bank holding company for Andover Bank that provides commercial and retail banking products and services.

PolyPid

Market Cap: US$38.1m

A clinical-stage biopharmaceutical company, developing targeted, locally administered, and prolonged-release therapeutics using its proprietary polymer-lipid encapsulation matrix (PLEX) technology to address unmet medical needs.

Highlands REIT

Market Cap: US$38.1m

Highlands REIT, Inc. (“Highlands”), which was formed in December 2015, is a Maryland corporation with a portfolio of investment properties including multi-family, retail and office properties, a correctional facility and unimproved land.

Janel

Market Cap: US$38.0m

Through its subsidiaries, provides logistics services worldwide.

Asia Pacific Wire & Cable

Market Cap: US$37.8m

Through its subsidiaries, manufactures and distributes enameled wire, power cable, and telecommunications products in Thailand, Singapore, Australia, the People’s Republic of China, Hong Kong, and the Asia Pacific region.

Urban One

Market Cap: US$37.4m

Operates as an urban-oriented multi-media company in the United States.

Scienjoy Holding

Market Cap: US$37.4m

Engages in the provision of mobile live streaming platforms in the People’s Republic of China.

Community Capital Bancshares

Market Cap: US$37.0m

Operates as the holding company for AB&T that provides various banking products and services to individual and corporate customers.

Nephros

Market Cap: US$36.5m

A commercial-stage company, develops and sells water solutions to the medical and commercial markets in the United States.

Plus Therapeutics

Market Cap: US$36.1m

A clinical-stage pharmaceutical company, focuses on the development, manufacture, and commercialization of treatments for patients with cancer.

Synergy CHC

Market Cap: US$35.8m

Provides consumer health care, beauty, and lifestyle products in the United States, Canada, and the United Kingdom.