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Assets

SGD

Safe and Green Development Corporation shares are trading higher after securing an investment of up to $10 million from Arena Investors.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:05 pm

SGD

Safe and Green Development Corp (NASDAQ:SGD) has secured a strategic investment from Arena Investors, LP and its affiliates, with an initial funding amount of $1.38M and access to subsequent tranches up to a total of $10.27M. Maxim Group LLC acted as the sole placement agent for the offering.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:03 pm

BLK

BTCUSD

The article discusses the potential implications of BlackRock (NYSE:BLK) owning 1 million Bitcoin (CRYPTO: BTC), which is about 5% of the total supply. Despite concerns about market manipulation, the influencer Peruvian Bull argues that Bitcoin's inherent characteristics and the presence of 'price-insensitive buyers' would limit BlackRock's ability to control the market. The involvement of BlackRock could ultimately strengthen Bitcoin's position.

Portfolio Pulse from Khyathi Dalal

August 14, 2024 | 12:48 pm

SCHW

Charles Schwab Corporation reported significant growth in July 2024, with core net new assets totaling $29 billion, a 16% increase in total client assets year-over-year, and 327,000 new brokerage accounts. However, transactional sweep cash saw a slight decline.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:46 pm

CSLR

SunPower is seeking to have Complete Solar designated as the stalking horse in its Chapter 11 bankruptcy APA with a $45 million bid for certain assets. Complete Solar (NASDAQ:CSLR) published its Q2'24 results, showing low revenue due to lack of working capital, but raised $46 million in July 2024 to stabilize operations. The hearing for the stalking horse motion is scheduled for August 29, with a likely sale closing by the end of September 2024.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:37 pm

BTCO

FBTC

GBTC

GS

IBIT

Goldman Sachs has revealed significant investments in Bitcoin ETFs, despite previously downplaying cryptocurrencies. The bank's largest holding is in the iShares Bitcoin Trust (IBIT) valued at $238.6 million, with other substantial investments in Fidelity's Bitcoin ETF (FBTC), Invesco Galaxy's BTC ETF (BTCO), and Grayscale's Bitcoin Trust (GBTC).

Portfolio Pulse from Murtuza Merchant

August 14, 2024 | 12:04 pm

JBLU

JetBlue Airways announced the pricing of $2.0 billion in 9.875% senior secured notes due 2031 and a $765 million senior secured term loan B due 2029.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:36 am

IGMS

IGM Biosciences reported cash and investments of $256.4M as of June 30, 2024. The company expects to end 2024 with approximately $180M in cash and investments, which should fund its operating expenses into Q2 2026.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:21 am

EVAX

Evaxion Biotech's cash position of $8M as of June 30, 2024, is expected to be sufficient to fund its operating expenses and capital expenditure requirements into February 2025.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 11:05 am

PSQH

PSQ Holdings has entered into an agreement for a $10.0 million convertible note in a private placement with a board member and his affiliates.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 10:01 am