Streetbeat News

Assets

BENF

Beneficient announced a private placement of $4.0 million in convertible debentures and warrants priced at-the-market.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:20 am

ANIP

ANI Pharmaceuticals announced its intention to offer $250 million in convertible senior notes due 2029 in a private offering, subject to market and other conditions.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:14 am

OCUL

Ocular Therapeutix has reported a cash balance of $459.7 million as of June 30, 2024, which is expected to fund its operations into 2028.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:12 am

EDIT

Editas Medicine has announced that its cash balance of $318.3 million is expected to provide a cash runway into 2026.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:06 am

INTC

MSFT

Reuters reported that Intel passed on a $1 billion investment in OpenAI in 2018, which could have given it a stake of up to 30%, according to sources.

Portfolio Pulse from charles@benzinga.com

August 07, 2024 | 11:06 am

KYMR

Kymera Therapeutics has announced that its cash balance of $702 million is expected to provide a cash runway into the first half of 2027.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 11:02 am

SGBX

SG Building Blocks entered into a cash advance agreement with Cedar, selling $1.96 million in future receivables for $1.35 million. Cedar will withdraw $49,000 weekly from SG Building Blocks' account.

Portfolio Pulse from charles@benzinga.com

August 07, 2024 | 10:13 am

NOG

Northern Oil and Gas (NOG) has exercised its option to acquire a 20% undivided stake in the Altamont assets in partnership with SM for $17.5 million in cash, subject to customary closing adjustments.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 10:10 am

BTCUSD

Bitcoin whales have accumulated nearly $23 billion worth of BTC in the past month, indicating a potential accumulation phase. Despite recent market volatility, Bitcoin has shown signs of recovery, with its price increasing by 14% to $56,703. Experts predict further market volatility, but long-term indicators remain bullish.

Portfolio Pulse from Benzinga Neuro

August 07, 2024 | 8:05 am

PLD

Prologis-sponsored FIBRA Prologis has secured a 77.14% ownership of Terrafina, expanding its industrial portfolio in Mexico. This acquisition includes 42.2 million square feet of industrial real estate managed by Terrafina, adding to FIBRA Prologis' existing 46.9 million square feet of logistics and manufacturing facilities.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 6:31 am