5 NASDAQ Penny Stocks Under 10 Cents

In this article, we discuss 5 NASDAQ penny stocks under 10 cents. If you want to see more stocks in this selection, check out 12 NASDAQ Penny Stocks Under 10 Cents. 

5. Newcourt Acquisition Corp (NASDAQ:NCACW)

Share Price as of February 7: $0.0560

Newcourt Acquisition Corp (NASDAQ:NCACW) is a blank check company formed for the purpose of acquiring businesses through a merger, capital exchange, asset acquisition, stock purchase, reorganization, or similar transactions. The company intends to focus on fintech and digital financial services businesses. Newcourt Acquisition Corp (NASDAQ:NCACW) has not started any operations or generated any revenue. It is one of the best penny stocks to consider. 

4. Clever Leaves Holdings Inc. (NASDAQ:CLVRW)

Share Price as of February 7: $0.0588

Clever Leaves Holdings Inc. (NASDAQ:CLVRW) is a holding company focused on the cultivation, extraction, and sale of cannabinoids. The company operates through two segments – Cannabinoid and Non-Cannabinoid. The Cannabinoid segment includes cultivation, extraction, manufacturing, commercialization, and distribution of cannabinoid products. The Non-Cannabinoid segment sells homeopathic and natural remedies, wellness products, and nutraceuticals. Clever Leaves Holdings Inc. (NASDAQ:CLVRW)’s main customers are specialty and health retailers, mass retailers, and specialty and health stores in the United States. The company operates in Colombia, Portugal, Germany, and the United States. It is one of the best penny stocks to monitor. 

3. Liberty Resources Acquisition Corp. (NASDAQ:LIBYW)

Share Price as of February 7: $0.0650

Liberty Resources Acquisition Corp. (NASDAQ:LIBYW) is a company without significant operations. It aims to acquire businesses in the oil and gas sector through a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar transaction. The company was established in 2021 and is based in Miami, Florida. Priced at $0.0650, Liberty Resources Acquisition Corp. (NASDAQ:LIBYW) is one of the best NASDAQ penny stocks under 10 cents. 

2. Exela Technologies, Inc. (NASDAQ:XELA)

Share Price as of February 7: $0.0660

Exela Technologies, Inc. (NASDAQ:XELA) is headquartered in Irving, Texas, and the company offers transaction processing solutions, enterprise information management, document management, and digital business process services worldwide. The company operates through three segments – Information & Transaction Processing Solutions, Healthcare Solutions, and Legal & Loss Prevention Services. It is one of the top NASDAQ penny stocks priced under 10 cents. 

Israel Englander’s Millennium Management is the biggest stakeholder of the company as of Q3 2022, with 880,520 shares worth $399,000.

1. ContraFect Corporation (NASDAQ:CFRX)

Share Price as of February 7: $0.0700

ContraFect Corporation (NASDAQ:CFRX) is a New York-based clinical-stage biotechnology company that discovers and develops therapeutic protein and antibody products for the treatment of life threatening and drug-resistant infectious diseases in the United States. On December 13, ContraFect Corporation (NASDAQ:CFRX) said that it would purchase approximately $7 million of its common stock. It is one of the best penny stocks to buy under 10 cents. 

Mark Lampert’s Biotechnology Value Fund / BVF Inc is the leading shareholder of the company, with 472,300 shares worth $79,000 as of the third quarter of 2022.

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