Streetbeat News

Assets

ATIP

ATI Physical Therapy (NYSE:ATIP) has completed its Transaction Support Agreement (TSA) to increase liquidity and financial flexibility. The TSA enables ATI to obtain a $25 million delayed draw facility and exchange $100 million of first lien term loan into new second lien PIK exchangeable notes.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:07 pm

GOOGL

SQSP

Squarespace has entered a definitive agreement to acquire assets associated with Google Domains, including approximately 10 million domains. The transaction is expected to close in Q3 2023 and will be accretive to Squarespace's revenue and free cash flow over time.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:06 pm

SQSP

Squarespace has entered into a definitive agreement to acquire Google Domains assets, expanding its offerings and potentially increasing its market share.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 8:05 pm

BBBYQ

Bed Bath & Beyond's top lender, Sixth Street, is preparing to bid for the retailer's assets in bankruptcy, planning to use more than $500 million in debt for the acquisition, according to WSJ.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 7:52 pm

WMT

Walmart opened a 2.2 million-square-foot high tech fulfillment center in Indianapolis, expected to increase Walmart.com order fulfillment capacity and enable the retailer to reach 95% of the U.S. population. Walmart also announced a partnership with NBCUniversal to test live sports streaming advertising on Walmart's retail media network.

Portfolio Pulse from Ryan Gustafson

June 15, 2023 | 7:08 pm

COIN

ResearchHub, co-founded by Coinbase CEO Brian Armstrong, has raised $5 million in seed funding to expand its platform and develop new features. The startup aims to revolutionize the scientific community by creating a tokenized social network that rewards scientists for sharing scholarly content using ResearchCoin (CRYPTO: RSC).

Portfolio Pulse from Murtuza Merchant

June 15, 2023 | 6:57 pm

CSIQ

Canadian Solar Inc. (NASDAQ: CSIQ) is establishing a solar PV module production facility in Mesquite, Texas, its first in the United States. The facility is expected to have an annual output of 5 GW and create approximately 1,500 skilled jobs.

Portfolio Pulse from Ryan Gustafson

June 15, 2023 | 6:31 pm

ETHUSD

A total of 4,846.32 Ether (ETH) worth $7,949,471 was burned from Ethereum transactions on Wednesday. This follows the implementation of the EIP-1159 upgrade on August 5th, 2021, which changed the fee model and introduced a variable base fee that is burned, lowering the supply of Ether.

Portfolio Pulse from Benzinga Insights

June 15, 2023 | 6:00 pm

NIO

NIO option alert for January 2025 $12.5 calls sweep near the ask with 1315 contracts at $2.691, compared to 7952 open interest; NIO stock reference price at $9.7649.

Portfolio Pulse from Charles Gross

June 15, 2023 | 5:47 pm

BLK

COIN

MSTR

BlackRock, the world's largest asset manager, is reportedly nearing an application for a Bitcoin ETF despite increased SEC scrutiny on the crypto industry and Bitcoin's price below $25K. The company has been increasing its exposure to Bitcoin through its 8.10% stake in MicroStrategy.

Portfolio Pulse from Jose Rodrigo Safdiye

June 15, 2023 | 4:56 pm