Streetbeat News

Acquisitions Mergers

FVRR

Fiverr International Ltd (NYSE:FVRR) reported better-than-expected Q2 fiscal 2024 results, with sales growth of 6% year-on-year to $94.66 million and an adjusted EPS of $0.58. The company also announced the acquisition of AutoDS. Despite a 27% stock loss over the past year, FVRR shares surged 17.20% following the earnings report.

Portfolio Pulse from Anusuya Lahiri

July 31, 2024 | 4:53 pm

PARA

PARAA

Paramount Global shares are trading higher after Apex Capital Trust submitted a competing $43 billion all-cash offer.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:34 pm

GIB

CGI shares are trading higher following better-than-expected Q3 financial results and the announcement of the acquisition of Aeyon.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 4:22 pm

NIPG

NIP Group Inc. (NASDAQ:NIPG) has successfully listed on Nasdaq, pricing its American depositary shares (ADS) at $9 and selling 2.25 million ADSs, with an additional 182,526 ADSs sold through an exercised option. The company, formed through a merger between Sweden’s Ninjas in Pyjamas and China’s ESV5, aims to become a global digital sports group. NIP Group's ADSs rose 83% on Monday to close at $16.50, making it one of the best performing recent IPOs on Nasdaq.

Portfolio Pulse from The Bamboo Works

July 31, 2024 | 3:32 pm

CBZ

CBIZ shares are trading lower after the company reported worse-than-expected Q2 financial results. Additionally, CBIZ announced it entered into an agreement to acquire the Non-attest business of Marcum in a cash and stock transaction valued at $2.3 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 2:40 pm

BSGM

BioSig Technologies has announced its intent to acquire the assets of Neuro-Kinesis Corporation. A non-binding letter of intent has been executed, with the purchase price to be paid in BioSig common stock. Neuro-Kinesis Corporation will provide $2.5M-$6M in unrestricted cash at closing. Due diligence will continue through the end of the year, and full disclosures will be made in the next proxy statement for a shareholder vote.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:47 pm

PARA

PARAA

Apex Capital Trust has submitted a $43 billion all-cash offer to acquire Paramount Global, proposing to purchase 100% of National Amusements Inc.'s capital stock and assume $15.8 billion in debt. This offer is intended to facilitate a 'go-shop' provision against a deal with Skydance.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:09 pm

PWUP

Aspire Biopharma and PowerUp Acquisition Corp. have signed a non-binding letter of intent for a potential business combination. The combined public company would be listed on a national securities exchange.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:24 pm

LECO

Lincoln Electric has announced the acquisition of Vanair Manufacturing for an undisclosed amount.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:29 am

CBZ

CBIZ has entered into a definitive agreement to acquire the non-attest business of Marcum in a cash-and-stock transaction valued at approximately $2.3 billion.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 11:07 am