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BAM

Brookfield Asset Management has closed its latest flagship global private equity program, Brookfield Capital Partners VI, with $12 billion in total capital raised. The fund is the largest private equity fund raised by Brookfield. The firm has committed $3.5 billion to the fund, aligning its interests with other investors.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 10:50 am

KITT

Nauticus Robotics has agreed to acquire underwater laser LiDAR technology pioneer, 3D at Depth, for approximately $34M in stock. The transaction is expected to be accretive to Nauticus' 2024 revenue per share, earnings per share, and cash flow per share. In 2022, 3D generated $9.8 million of revenue with a gross profit margin over 60%, and is projected to grow revenue by more than 20% in 2023. Nauticus will also assume about $4.1 million of 3D's debt.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 10:03 am

DGHI

Digihost Technology Inc. (NASDAQ:DGHI) reported a 21% increase in its Bitcoin production for September 2023 compared to the previous month. The company also saw a 10% increase in its cash, Bitcoin, and cash deposits, reaching $2.4 million. Digihost did not purchase or sell any miners during the month and continues to monetize a portion of its Bitcoin production to fully fund its energy costs.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 9:32 am

BONEUSD

DOGEUSD

SHIBUSD

Shiba Inu (CRYPTO: SHIB), a meme-based cryptocurrency, plunged 4% in value within the last 24 hours due to a significant drop in the SHIB burn rate. Over $250,000 worth of SHIB was liquidated in the past 24 hours, with $249,750 being associated with long positions. Despite the drop in value, the trading volume of SHIB saw a 15% increase, reaching $112.8 million on Tuesday.

Portfolio Pulse from Mehab Qureshi

October 03, 2023 | 7:08 am

NVEI

Nuvei Corporation has expanded its presence in the Asia-Pacific region by opening a new office in China. This move is expected to enhance the company's global footprint and provide better service to its clients in the region.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:31 am

FCPT

Four Corners Property Trust (FCPT) has announced the sale of a Red Lobster property in Kentucky for $3.8 million. The property is corporate-operated under a triple net lease. The company plans to reinvest the proceeds into new investment opportunities.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:28 am

AGR

Avangrid (AGR) has terminated the power purchase agreements for its Park City Wind Project due to economic challenges.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:26 am

KIM

Kimco Realty's subsidiary, Kimco Realty OP, LLC, has priced a public offering of $500 million aggregate principal amount of 6.400% notes due 2034. The notes will be fully and unconditionally guaranteed by the Company and are expected to settle on October 12, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:16 am

KMF

Kayne Anderson NextGen Energy & Infrastructure (KMF) has announced its unaudited balance sheet information and net asset value as of September 30, 2023. The Fund's net assets were $389.9 million and its net asset value per share was $8.26. The Fund's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 804% and with respect to total leverage was 480%.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:13 am

KYN

Kayne Anderson Energy Infrastructure Fund (KYN) has announced its unaudited balance sheet information and net asset value as of September 30, 2023. The company's net assets were $1.4 billion, and its net asset value per share was $9.95. The asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 598%, and the asset coverage ratio with respect to total leverage was 434%.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 6:08 am