Streetbeat News

Assets

ICU

SeaStar Medical has eliminated all its long-term debt, which strengthens its financial position to support business growth and provide life-saving solutions for critically ill patients.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:36 pm

LYFT

Lyft Inc. plans to lay off 1% of its workforce and sell assets related to its bikes and scooters operations to reduce costs. The restructuring is expected to incur charges of $34 million to $46 million and improve annualized Adjusted EBITDA by $20 million by the end of 2025.

Portfolio Pulse from Anan Ashraf

September 04, 2024 | 12:27 pm

WISA

WiSA Technologies' shares rose following their announcement of a $210 million asset purchase agreement to acquire Datavault's intellectual property and IT assets.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:04 pm

SXTP

60 Degrees Pharmaceuticals announced a $4M private placement for the sale of shares and warrants, with proceeds intended for working capital, operations, and R&D.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:03 pm

NVDA

Nvidia and Bitcoin experienced significant price drops amid a market downturn, with Nvidia falling 9.53% and Bitcoin dropping over 4%. Both assets show increased implied volatility, suggesting potential for further price swings.

Portfolio Pulse from Aniket Verma

September 04, 2024 | 12:01 pm

CRGY

Crescent Energy's indirect subsidiary plans to offer $250 million in 7.375% senior notes due 2033 in a private placement to eligible purchasers.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:55 am

CRGY

Crescent Energy has signed a definitive agreement to acquire assets from a private Eagle Ford operator for $168 million in cash.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:48 am

LYFT

Lyft has announced a restructuring plan that includes the disposal of certain assets related to its bikes and scooters operations and the termination of approximately 1% of its employees.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:44 am

SLQT

SelectQuote is expanding its operations by opening a third fulfillment facility in Olathe, Kansas, to accommodate its growing customer base. This new facility will complement its existing ones in Monaca, Pennsylvania, and Indianapolis, Indiana.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:36 am

NTRB

Nutriband reported cash reserves of $6.75 million as of July 31, 2024, which will support the development and commercialization of their AVERSA Fentanyl product.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 11:08 am