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AURA

Aura Biosciences reported Q2 losses of $(0.48) per share, a 4.35% decrease from the same period last year. The company's cash, cash equivalents, and marketable securities of $162M are expected to fund its operations into the second half of 2025.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:28 am

PYPD

PolyPid reported Q2 losses of $(0.13) per share, a 78.69% increase over losses of $(0.61) per share from the same period last year. The company's cash and cash equivalents and deposits of $15.1M will be sufficient to fund operations into late Q1 of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 11:05 am

PHGE

BiomX Inc. (AMEX:PHGE) reported a cash balance, short-term deposits, and restricted cash of $30.7 million as of June 30, 2023, compared to $34.3 million as of December 31, 2022. The company estimates its cash runway to be sufficient to fund operations into Q3.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 10:37 am

MCHI

China's annual consumer price inflation turned negative for the first time since February 2021, with a 0.3% year-over-year decline in July. The producer price index also showed a 4.4% year-over-year contraction in July. This data confirms economic deflation and complicates monetary policy. The iShares MSCI China ETF (NASDAQ:MCHI) ended Tuesday’s session at $46.73, down 1.60%.

Portfolio Pulse from Shanthi Rexaline

August 09, 2023 | 7:49 am

BLTE

Belite Bio (NASDAQ:BLTE) reported Q2 losses of $(0.26) per share, a 116.67% decrease from $(0.12) per share YoY. The company had $57.4 million in cash as of June 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 6:05 am

GECC

Great Elm Capital has priced its underwritten public offering of $40M aggregate principal amount of its 8.75% notes due 2028. The net proceeds to the company will be approximately $38.2M after payment of underwriting discounts, commissions, and estimated offering expenses.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 5:34 am

NNN

NNN REIT has priced a public offering of $500M of 5.600% senior unsecured notes due 2033. The notes were offered at 97.676% of the principal amount with a yield to maturity of 5.905%. Interest on the notes will be payable semi-annually on April 15 and October 15 of each year, starting from April 15, 2024. The notes mature on October 15, 2033.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 5:32 am

ODV

Osisko Development (NYSE:ODV) reported Q2 sales of $8.04 million. The company also reported a cash position of C$86.9 million as of June 30, 2023.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 5:17 am

FXI

China's Producer Price Index (PPI) for July came in at -4.4%, worse than the estimated -4.1% and the prior figure of -5.4%.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 3:50 am

FXI

China's Consumer Price Index (CPI) for July has shown a month-on-month increase of 0.2%, beating the estimate of 0.1% and showing an improvement from the previous month's -0.2%. However, the year-on-year CPI for July is -0.3%, slightly better than the estimated -0.4%, but down from the previous year's 0.0%.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 3:50 am