Streetbeat News

Equity Actions

GNL

Global Net Lease (GNL) is cutting its dividend, disposing of non-core assets, and initiating a $300 million share repurchase program. The dividend cut saves $78 million annually, aiding debt reduction and buybacks. The sale of a $1.8 billion portfolio accelerates deleveraging.

Portfolio Pulse from

March 16, 2025 | 4:30 am

HNGE

Marwynn, a home improvement products distributor, priced its IPO at the bottom of the range, raising $8 million with a market cap of $68 million. Five IPOs and five SPACs submitted initial filings, including Klarna and Hinge Health, boosting the IPO pipeline.

Portfolio Pulse from

March 15, 2025 | 7:15 am

OPWEF

Opawica Explorations Inc. plans a non-brokered private placement to raise CAD $300,000 by issuing 1.5 million units at $0.20 each. Each unit includes a common share and a warrant, exercisable at $0.30. The company can accelerate warrant expiry if shares trade above $0.42 for 10 days.

Portfolio Pulse from

March 15, 2025 | 1:00 am

INTC

Intel's new CEO, Lip-Bu Tan, will receive a compensation package including a $1 million salary and $66 million in stock options and grants. This follows his appointment after the ousting of former CEO Pat Gelsinger.

Portfolio Pulse from

March 15, 2025 | 12:00 am

PHNMF

Phenom Resources Corp. has successfully closed an over-subscribed private placement financing, raising a total of $1,985,000. The final tranche involved issuing 962,000 units at $0.25 each, generating $240,500.

Portfolio Pulse from

March 15, 2025 | 12:00 am

NGENF

NervGen Pharma Corp. has granted 545,000 incentive stock options to its employees and consultants, including 100,000 to officers and 15,000 to investor relations consultants, at an exercise price of $2.74 per share.

Portfolio Pulse from

March 14, 2025 | 11:45 pm

GP

GreenPower Motor Company Inc. announced its annual stock option grants, distributing a total of 800,000 options to directors, officers, employees, and a consultant.

Portfolio Pulse from

March 14, 2025 | 11:30 pm

BNXTF

BioNxt Solutions Inc. has successfully closed the final tranche of its non-brokered private placement of convertible debenture units, raising a total of $2.5 million.

Portfolio Pulse from

March 14, 2025 | 11:15 pm

BLOZF

Cannabix Technologies Inc. has announced the granting of 3,375,000 incentive stock options to its officers, directors, and consultants, with varying expiration terms. Additionally, a director has resigned.

Portfolio Pulse from

March 14, 2025 | 10:30 pm

NXRT

NexPoint Residential Trust, Inc. (NYSE: NXRT) has announced the record date and date for its 2025 Annual Meeting of Stockholders. The record date is set for March 24, 2025, and the meeting will take place on May 20, 2025.

Portfolio Pulse from

March 14, 2025 | 10:15 pm