Streetbeat News

Assets

SNPX

Synaptogenix, Inc. (NASDAQ:SNPX) has announced a $5 million financing deal with existing investors through the sale of Series C convertible preferred stock. The stock has a conversion price of $4.00 per share and a 5% quarterly dividend. The offering is expected to close by September 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 1:07 pm

PCT

PureCycle Technologies has raised $90 million through transactions with Sylebra Capital Management and Samlyn Capital. The funds will support the company's expansion in the recycled polypropylene market. The Ironton facility has achieved a significant processing milestone.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 1:04 pm

CLSK

CleanSpark is set to acquire seven Bitcoin mining facilities for $27.5 million in cash, aiming to reach a hash rate of 37 EH/s by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 1:02 pm

SNAL

Snail, a company listed on the US stock market, has filed for a mixed shelf offering of up to $50 million, according to an SEC filing. This move allows the company to issue various types of securities over time, providing flexibility in raising capital.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:52 pm

LQDA

Liquidia Corporation (NASDAQ:LQDA) has announced a $67.5 million raise through a public offering and private placement of common stock, alongside a $32.5 million advance from HealthCare Royalty. The funds will support the development of YUTREPIA and other projects.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:29 pm

BTC

ETH

ETHA

FBTC

FETH

Bitcoin and Ethereum ETFs experienced significant inflows, with Bitcoin ETFs attracting $117 million and Ethereum ETFs $11.437 million. Grayscale and Fidelity led the Bitcoin ETF inflows, while Fidelity and BlackRock led the Ethereum ETF inflows. The inflows coincide with political developments and economic indicators, suggesting a potential shift in investor sentiment.

Portfolio Pulse from Murtuza Merchant

September 11, 2024 | 12:16 pm

STLA

Stellantis is investing over $406 million in three Michigan facilities to support its multi-energy strategy, with the Sterling Heights Assembly Plant set to be the first U.S. plant to build a fully electric vehicle.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 12:10 pm

SPRC

SciSparc has entered into a second amendment with AutoMax Motors, advancing a $1.85 million loan to the company. This financial move could impact SciSparc's financials and strategic positioning.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 11:42 am

CAR

CNM

GOGL

The article highlights three industrial stocks with low RSI values, indicating they are oversold and may present buying opportunities. Core & Main Inc reported disappointing Q2 results, Avis Budget Group announced a $700 million senior notes pricing, and Golden Ocean Group posted strong earnings despite market volatility.

Portfolio Pulse from Avi Kapoor

September 11, 2024 | 11:33 am

SACH

Sachem Capital has acquired a 20% membership interest in Shem Creek Capital, LLC for $5 million. Shem Creek Capital is the management company for Shem Creek Private Credit Funds.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 11:01 am