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  "documentTitle": "Houlihan Lokey | Investment Banking Pitch Book | 48 slides",
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  "authorName": "Houlihan Lokey",
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  "presentationDate": "2023-01-01 00:00:00",
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  "notes": "Includes broker-specific recommendations and valuation metrics (P/BV, P/TBV) alongside qualitative commentary.",
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      "text": "1. Closing share price of $3.43 as of 10/25/22. 2. MRQ Book Value based on Book Value (Excluding AOCI) of $435.9 million... 3. MRQ Tangible Book Value based on Tangible Book Value (Excluding AOCI) of $223.4 million...",
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      "text": "Through a combination of existing markets, new markets, and M&A, we believe Twins has significant runway to continue the growth it has enjoyed in recent years...",
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      "text": "Broker, Date, Recommendation, Price Target, Prem./(Disc.), Book Value of Equity, Tangible Book Value of Equity",
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