Streetbeat News

Assets

GM

LAC

Lithium Americas announced that General Motors Holdings LLC reaffirmed its intention to complete an additional $330 million investment to support the development of Thacker Pass. The parties will explore alternative structures for this investment, with a deadline set for December 20, 2024. GM's investment is contingent on conditions including a $2.26 billion loan from the U.S. Department of Energy.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 11:02 am

BRY

Berry Corporation has reaffirmed its strong liquidity position with $94 million available in borrowing capacity under its reserve-based lending facility and $11 million in cash as of August 23.

Portfolio Pulse from Nabaparna Bhattacharya

August 30, 2024 | 10:34 am

GOOG

GOOGL

Google, a subsidiary of Alphabet Inc., is investing over $850 million in a new data center in Canelones, Uruguay, marking its second facility in Latin America. This expansion is part of Google's broader global investment strategy in data centers, including significant investments in the US and Malaysia.

Portfolio Pulse from Benzinga Neuro

August 30, 2024 | 9:29 am

PPG

PPG Industries has expanded its Malaysian plant by adding new production lines for non-stick and low friction coatings, enhancing its regional capabilities.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 7:25 am

AISP

Airship AI has announced an $8 million public offering, compliant with Nasdaq market pricing, involving 2.9 million shares and warrants. The proceeds will be used for working capital and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 7:23 am

CTRE

CareTrust REIT has acquired two skilled nursing facilities for a total of $62.1 million. The company has $221 million in cash and initiated a $750 million ATM program.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 9:34 pm

SDOT

Sadot Group has filed with the SEC for a mixed shelf offering of up to $50 million. This move allows the company to offer various securities over time, providing flexibility in raising capital.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:40 pm

HUBC

HUB Cyber Security has received a notification from Nasdaq regarding non-compliance with listing rules related to total assets and total revenue requirements.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:32 pm

DATS

DatChat has entered into an asset purchase agreement with Judaopta as of August 27, 2024, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:31 pm

NVRI

Enviri Corporation (NYSE:NVRI) has sold its Reed Minerals business to Speyside Equity for $45 million in cash, surpassing its 2024 asset sale goal. The proceeds will be used to reduce debt and strengthen its balance sheet.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:30 pm