Streetbeat News

Equity Actions

LUXH

LuxUrban Hotels has filed a prospectus for the resale of up to 23.63 million shares of its common stock by selling stockholders. The company will not receive any proceeds from these sales.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:14 pm

BABA

BIDU

FOUR

JD

MOH

Michael Burry's hedge fund, Scion Asset Management, saw significant gains in its Chinese stock holdings, with Alibaba, Baidu, and JD.com surging nearly 60% on average in two months. This contrasts with mixed performance in his American holdings. The rally in Chinese stocks was driven by expectations of government stimulus, though recent measures fell short.

Portfolio Pulse from Kaustubh Bagalkote

October 09, 2024 | 12:12 pm

SPGC

Sacks Parente Golf has announced a $732,000 underwritten public offering of 366,000 shares of common stock. The proceeds from this offering will be used for general corporate and working capital needs.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 12:07 pm

RVSN

Rail Vision has entered into a Standby Equity Purchase Agreement with YA II PN, allowing it to sell up to $20 million of shares to Yorkville over a three-year period.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 11:45 am

MTAL

Metals Acquisition has successfully raised A$150 million through an oversubscribed placement of new Chess Depositary Interests (CDIs) at A$18.00 each.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 11:32 am

EZFL

EZFill Holdings has increased its common stock offering from 3.1 million shares to 5 million shares. This move is likely to impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 10:44 am

MRT

Marti Technologies has extended its share repurchase program for six months, allowing the repurchase of up to $2.5 million in shares. The ceiling price for the buyback has been amended from $3.30 to $5.00 per share.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 10:05 am

BPTH

Bio-Path Holdings has raised $4 million through an at-the-market private placement, which could provide the company with additional capital for its operations and development projects.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 6:54 am

KLC

KinderCare Learning has priced its IPO at $24 per share for 24 million common shares, with trading set to begin on the NYSE under the symbol 'KLC' on October 9, 2024. The proceeds will be used to repay debt and cover expenses.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 6:51 am

MTAL

Metals Acquisition Limited (MAC) has announced an institutional placement to raise approximately A$140 million by issuing 7.8 million new Chess Depositary Interests at A$18 each. The funds will help optimize MAC's balance sheet and support strategic growth following its acquisition of CSA from Glencore.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 6:29 am