Market-Moving News for July 13th
Portfolio Pulse from Benzinga Newsdesk
Applied DNA (APDN) has acquired Spindle Biotech, launching the LineaIVT(TM) platform to improve mRNA manufacturing and broaden market reach. Dragonfly Energy (DFLI) is set to be granted a U.S. patent for a unique battery pack assembly design. Ault Alliance (AULT) announces a second partial distribution of TOG securities at approximately $0.37 per share of Ault Alliance common stock.
July 13, 2023 | 12:44 pm
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NEUTRAL IMPACT
Ault Alliance announces a second partial distribution of TOG securities at approximately $0.37 per share of Ault Alliance common stock, which could potentially impact its stock price.
The announcement of a second partial distribution of TOG securities could potentially impact AULT's stock price, although the direction of the impact is uncertain.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Applied DNA's acquisition of Spindle Biotech and launch of LineaIVT(TM) platform could potentially boost its market reach and improve mRNA manufacturing.
The acquisition of Spindle Biotech and the launch of the LineaIVT(TM) platform could potentially enhance APDN's market position and improve its mRNA manufacturing capabilities, which could positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Dragonfly Energy is set to be granted a U.S. patent for a unique battery pack assembly design, which could potentially enhance its product portfolio and market competitiveness.
The granting of a U.S. patent for a unique battery pack assembly design could potentially enhance DFLI's product portfolio and market competitiveness, which could positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100