Episode Details
Back to EpisodesWTR Insights Conference Featured Speaker: Joseph Lucosky of Lucosky Brookman on Getting Listed and Staying Listed in 2026
Description
Recorded as a featured session at the WTR Virtual Insights Conference, Joseph Lucosky, Managing Partner of Lucosky Brookman, joins Shawn Severson, CEO and Founding Partner of Water Tower Research, to break down what has changed for emerging growth companies coming to market in 2026.
Joseph Lucosky explains how NASDAQ's December 2025 discretionary listing rules reset the market, including a 78-day stretch with no microcap IPOs and the first year on record in which direct listings and uplistings outpaced traditional IPOs. Through August 31, the Lucosky Brookman data desk tracked 51 microcap transactions, split evenly across IPOs, direct listings, and uplistings.
The conversation covers why the question has shifted from whether a company qualifies to list to whether the exchange wants it, how a company's lifecycle stage largely determines its listing path, and what separates well-prepared candidates from those that struggle post-listing. Joseph Lucosky also addresses continued listing compliance, including shareholders' equity and minimum bid price thresholds, firm data on curing bid price deficiencies without a reverse split, and the case for the OTC as a legitimate stepping stone.
To Watch On Demand:
https://event.webcasts.com/starthere.jsp?ei=1772701&tp_key=36ad943bc3
For additional content, visit www.watertowerresearch.com.