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CALC

CalciMedica, Inc. (NASDAQ:CALC) has announced a $10.2 million stock offering to fund its research on inflammatory diseases. The company is offering 2.72 million shares at $3.75 each, with an option for underwriters to purchase an additional 408,000 shares. The offering is expected to close by November 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:18 am

TLSA

Tiziana Life Sciences has secured $5 million through a direct offering of 5.3 million shares at $0.95 each. The funds will support clinical trials and development of their lead candidate, foralumab, for various medical conditions.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:12 am

FFIE

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) has secured $30 million in funding to support its luxury and mass electric vehicle brands. The funding will aid in FF 91 deliveries, supply chain restoration, and the FX project. The company has also strengthened partnerships with key suppliers to optimize cost efficiencies.

Portfolio Pulse from Benzinga Newsdesk

October 31, 2024 | 8:07 am

COIN

Coinbase plans to expand its cryptocurrency investment portfolio, focusing on long-term holdings like Bitcoin and Ethereum. Despite missing Q3 revenue and earnings estimates, the company announced a $1 billion stock buyback program. Coinbase's stock fell 4.84% in after-hours trading.

Portfolio Pulse from Aniket Verma

October 31, 2024 | 7:39 am

SUM

Summit Materials has updated its financial projections for fiscal year 2024, estimating an adjusted EBITDA between $970 million and $1 billion, and capital expenditures ranging from $390 million to $410 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:58 pm

CNS

Cohen & Steers, in partnership with DLC, has acquired Springfield Commons, an open-air shopping center in Fairfax County, VA. The center is strategically located near Springfield Town Center and is expected to see increased occupancy soon.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:49 pm

AR

Antero Resources has announced its forecast for FY24 drilling and completion (D&C) capital expenditures, estimating between $640 million and $660 million.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:48 pm

PCYO

Pure Cycle Corporation has received $10.1 million from the refinancing of Sky Ranch CAB bonds. The funds will be used to repay public improvement reimbursables and interest.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:41 pm

MGY

Magnolia Oil & Gas anticipates its Q4 D&C capital to be around $125 million, bringing the total 2024 capital budget to $450-$480 million. The increased activity is expected to enhance capital efficiency and flexibility in 2025, with Q4 production volumes projected at 93 Mboe/d, indicating high single-digit growth.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:27 pm

META

Meta Platforms has updated its fiscal year 2024 capital expenditures guidance from a range of $37 billion-$40 billion to $38 billion-$40 billion.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2024 | 8:13 pm