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GVP

GSE Solutions has appointed Ravi Khanna as its new President and CEO, effective immediately, following Kyle Loudermilk's resignation. Loudermilk will assist in the transition until May 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:43 pm

TLSI

TriSalus Life Sciences Inc. (NASDAQ:TLSI) has secured a debt financing deal with OrbiMed for up to $50 million to support growth initiatives for its TriNav Infusion System. The company received $25 million at closing, with an option for an additional $25 million based on revenue milestones. The funding aims to extend TriSalus's cash runway through 2025, support strategic expansion, and fuel growth without the immediate need for equity financing. The deal also includes a warrant for OrbiMed to purchase shares of TriSalus.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:37 pm

TM

Toyota Motor North America (TMNA) announced leadership changes with Jack Hollis and Chris Reynolds taking on new roles to drive growth, vehicle electrification, and future mobility innovations. Hollis becomes COO, overseeing several key areas including Manufacturing and Product Support, while Reynolds is appointed Chief Strategy Officer, focusing on long-term growth strategies and innovation.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:33 pm

IART

Integra LifeSciences Holdings Corporation (NASDAQ:IART) announced the successful Q1 2024 U.S. relaunch of its CereLink Intracranial Pressure (ICP) Monitoring System, which will be featured at the AANS Annual Scientific Meeting in Chicago. The CereLink ICP Monitoring System offers advanced continuous ICP monitoring with minimal drift and MR conditional capability, aimed at improving patient outcomes in traumatic brain injuries and other neurological conditions.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:27 pm

CODI

Compass Diversified announced the sale of its Crosman Air Gun business. The proceeds from the sale will be used to pay down debt and for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:22 pm

REZI

Resideo Technologies (NYSE:REZI) and Baltimore Gas and Electric (BGE) have announced a partnership to expand BGE's Connected Rewards program in Maryland. This initiative aims to balance the grid during peak demand periods and deliver energy savings to customers by leveraging Resideo's expertise in energy management and smart device integration. The program encourages customers to enroll their smart thermostats to receive financial incentives, contributing to grid reliability and efficiency.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:17 pm

HKD

AMTD Digital Inc. (NYSE:HKD) has changed its fiscal year-end from April 30 to October 31, effective immediately, to align with the global expansion strategy of its controlling shareholder, AMTD Group Inc.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:08 pm

AMTD

HKD

AMTD Group Inc. has announced a new leadership structure involving a rotating CEO system and a completely independent, non-executive board for its operating companies, including AMTD IDEA Group (AMTD) and AMTD Digital Inc. (HKD). This innovative approach aims to foster diverse leadership, shared values, and long-term sustainability by rotating CEOs every six months to leverage collective wisdom and nurture future leaders.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:07 pm

ABAT

ATI

BVN

PLL

TSLA

ATI reported Q1 2024 earnings with revenue of $1.04 billion and net income of $66 million. Piedmont Lithium announced Q1 2024 shipments and record production, aiming for full-year shipments of 126,000 dmt. Buenaventura reported increased EBITDA and net income, with significant developments in its mining operations. American Battery Technology appointed former Tesla executive Scott Smith as VP of financial planning and analysis.

Portfolio Pulse from austin@walkonholdings.com

April 30, 2024 | 9:05 pm

FUBO

WBD

FuboTV Inc. announced that Warner Bros. Discovery networks have left its platform as of April 30, 2024, due to unsuccessful renewal negotiations for Discovery content and Turner sports networks. FuboTV accused Warner Bros. Discovery of not negotiating in good faith, offering above-market rates, and engaging in anti-competitive practices. This dispute is part of a broader antitrust lawsuit filed by Fubo against Warner Bros. Discovery and its joint venture with The Walt Disney Company and FOX Corp.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 9:02 pm