Perimeter Solutions: Dilution Tamps Further Upside (Rating Downgrade)

Core Insights - Perimeter Solutions, Inc. (PRM) has experienced a significant breakout, with a price increase of approximately 54% since July [1] Company Analysis - The core business of Perimeter Solutions is aligning with the initial investment thesis presented in July [1] - The focus is on small and midcap companies that present asymmetric upsides, indicating a strategic investment approach [1] Analyst Background - The analyst has a diverse background, having worked in the Industrials and chemicals sector and in finance and technology at a Canadian charity [1] - This diverse experience enhances the quality of analysis and execution in investment decisions [1]