Streetbeat News

Equity Actions

CVKD

Cadrenal Therapeutics has raised $5.1 million through an ATM facility by selling 391,243 shares at an average price of $13.15 per share. The total shares outstanding are now 1,496,771, and the company's cash balance is $7.4 million.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 1:02 pm

CHRO

Chromocell Therapeutics Corporation (NYSE:CHRO) has amended its stock repurchase plan, increasing the total value of shares available for repurchase by $500,000 to $750,000. The termination date of the plan has been extended to June 30, 2025.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 12:48 pm

NNE

NANO Nuclear Energy Inc. has announced a $36 million upsized underwritten public offering of 2,117,646 shares of common stock and warrants to purchase 1,058,823 shares. Each share and warrant is priced at $17.00. The offering includes a 30-day overallotment option for additional shares and warrants.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 12:02 pm

WULF

TeraWulf announced the upsizing and pricing of its $425 million offering of 2.75% Convertible Senior Notes due 2030, with a 32.50% conversion premium. The offering includes capped call transactions and a concurrent repurchase of $115 million of common stock. The notes will mature on February 1, 2030, and are convertible under specific conditions.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 11:38 am

LUV

Southwest Airlines is restructuring its board, with Executive Chairman Gary Kelly accelerating his retirement to November 1, 2024, and becoming Chairman Emeritus. The board will appoint a new independent Chairman and reduce its size to 13 members by the 2025 Annual Shareholder Meeting. The Finance Committee has been refreshed with new members.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 11:26 am

TKO

TKO Group has announced a $2 billion share repurchase program and initiated a quarterly cash dividend program, distributing $75 million to Class A common stockholders.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:58 am

LVS

Las Vegas Sands shares are trading higher despite missing Q3 earnings expectations. The company has authorized $2 billion for future stock repurchases and increased its quarterly dividend.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 10:14 am

LKQ

LKQ Corporation has announced a $1 billion increase and a one-year extension to its stock repurchase program, raising the total authorization to $4.5 billion through October 25, 2026.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 9:59 am

BEAGU

Bold Eagle Acquisition Corp. has priced its 25 million units at $10 each in a $250 million IPO. The units include one Class A ordinary share and one Eagle Share Right, which entitles the holder to 1/20th of a Class A ordinary share. The sponsor will reduce founder shares by the amount equal to the shares underlying the Eagle Share Rights.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 8:27 am

BOW

Bowhead Specialty has priced a secondary offering of 4 million common shares at $29 per share.

Portfolio Pulse from Benzinga Newsdesk

October 24, 2024 | 7:18 am