Stocks Under $1: INM, PRSO, CHAI, TOON, LICN, KUST to Watch

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Stocks Under $1: INM, PRSO, CHAI, TOON, LICN, KUST to Watch Now!

https://thestreetreports.com/stocks-under-1-i...watch-now/  

Investors searching for stocks under $1 with breakout potential continue to monitor companies benefiting from catalysts across artificial intelligence, biotechnology, defense technology, media, financial services, and live entertainment. Among the names attracting attention are InMed Pharmaceuticals Inc.(NASDAQ: INM), Peraso Inc. (NASDAQ: PRSO), Core AI Holdings Inc. (NASDAQ: CHAI), Kartoon Studios (NYSE: TOON), Lichen International Limited (NASDAQ: LICN), and Kustom Entertainment Inc. (NASDAQ: KUST).

InMed Pharmaceuticals (NASDAQ: INM) is gaining attention following news that merger partner Mentari Therapeutics secured a $200 million private placement, bringing total committed financing to approximately $490 million ahead of the planned merger. The financing strengthens Mentari’s ability to advance its migraine therapy pipeline and highlights continued investor interest in next-generation biotechnology platforms.

Peraso (NASDAQ: PRSO) continues positioning itself within the expanding drone, defense, and autonomous systems markets. Its proprietary 60GHz millimeter-wave wireless technology is designed to deliver secure, high-capacity, low-latency communications for military drones, robotics, industrial automation, and AI-driven infrastructure, addressing growing demand for next-generation wireless connectivity.

Core AI Holdings (NASDAQ: CHAI) is expanding its AI strategy through HomeGPT, an artificial intelligence platform designed to help homeowners visualize renovations, redesign living spaces, and make more informed purchasing decisions. The platform combines generative AI, spatial intelligence, image editing, and AI video capabilities, reflecting growing demand for specialized vertical AI applications.

Kartoon Studios (NYSE: TOON) continues executing its strategic transformation after divesting Frederator Networks’ Channel Network business while retaining ownership of several valuable intellectual property assets. The company recently received its initial cash payment of approximately $39.2 million from previously announced litigation settlements totaling approximately $78.5 million, strengthening its balance sheet and providing additional capital to expand content creation and franchise development. Kartoon Studios has also expanded Kartoon Channel! with Mattel(NASDAQ: MAT) brands Masters of the Universe and American Girl, while continuing to build around the Stan Lee Universe and Winnie & Friends franchises. With approximately 60% of its 2026 content slate still scheduled for release, management expects multiple catalysts through the remainder of the year.

Lichen International (NASDAQ: LICN) is experiencing increased trading activity as investors monitor the company’s financial consulting, tax advisory, education services, and proprietary accounting software businesses. The company provides consulting, compliance, and technology solutions supporting financial management and professional education.

Kustom Entertainment (NASDAQ: KUST) has also attracted early trading interest as the company expands its live entertainment business across North America. Kustom produces concerts and festivals while focusing on artist booking, sponsorships, marketing, event production, and fan experiences, positioning itself to benefit from continued demand for live entertainment.

As investors continue searching for high-growth small-cap opportunities, INM, PRSO, CHAI, TOON, LICN, and KUST are emerging on watchlists for their combination of AI innovation, biotechnology financing, defense communications, premium intellectual property, financial technology, and live entertainment catalysts.
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