The merger of Roth CH Acquisition II, Inc. (NASDAQ: ROCC) with Reservoir Holdings, Inc. (NASDAQ: RSVR) has been completed
Reservoir Holdings (NASDAQ: RSVR) was featured in a company-sponsored research corporate update note published by Sidoti & Company, LLC. The report reads, “Our revenue and EBITDA outlook remains unchanged…Given the relatively predictable cash generation in music publishing, we project the company will aim to hold about $9 million in cash on hand by year-end 2022 on the balance sheet.”
To access the full report, visit https://ibn.fm/yeUUT
About Reservoir Holdings, Inc.
Reservoir is an independent music company based in New York City and with offices in Los Angeles, Nashville, Toronto, London, and Abu Dhabi. Founded as a family-owned music publisher in 2007, the company has grown to represent over 130,000 copyrights and 36,000 master recordings with titles dating as far back as 1900, and hundreds of #1 releases worldwide. Reservoir holds a regular Top 10 U.S. Market Share according to Billboard’s Publishers Quarterly, was twice named Publisher of the Year by Music Business Worldwide’s The A&R Awards, and won Independent Publisher of the Year at the 2020 Music Week Awards.
The company also represents a multitude of recorded music through Chrysalis Records, Tommy Boy Records, and Philly Groove Records and manages artists through its ventures with Blue Raincoat Music and Big Life Management. Please visit www.reservoir-media.com.
About Sidoti & Company, LLC
For over two decades, Sidoti has been a premier provider of independent securities research focused specifically on small and microcap companies and the institutions that invest in their securities, with most of its coverage in the $100 million-$5 billion market cap range. The firm’s approach affords companies and institutional clients a combination of high-quality research, a small- and microcap-focused nationwide sales effort, broad access to corporate management teams, and extensive trading support. Sidoti serves 500+ institutional clients in North America, including many leading managers of portfolios with $200 million to $2 billion of AUM. Sidoti promotes meaningful interaction between issuers and investors through its conferences (www.sidoti.com/events) and the hundreds of non-deal roadshows hosted each year.
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