Streetbeat News

Equity Actions

FANH

Fanhua is rebranding to AIX Inc., changing its ticker from 'FANH' to 'AIFU' on Nasdaq effective October 23, 2024. The name change is pending shareholder approval on October 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:41 am

CCEP

Coca-Cola Europacific Partners (CCEP) has announced a shift in its UK listing category from Equity Shares (Transition) to Equity Shares (Commercial Companies), which may make it eligible for inclusion in the FTSE index.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 6:51 am

ZCAR

Zoomcar plans a 1-for-100 reverse stock split effective October 21, 2024, with trading on a split-adjusted basis starting October 22, 2024. The stock will continue trading on Nasdaq under the symbol 'ZCAR'.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:45 pm

SOBR

SOBR Safe shares are experiencing an increase in trading value following the company's decision to file a form RW, indicating that it will not proceed with a public offering at this time.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:35 pm

SOBR

SOBR Safe has filed a Form RW with the SEC, indicating that it will not proceed with its planned public offering at this time. The SEC has not declared the registration statement effective, and no securities were sold.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:33 pm

IVCA

Investcorp India Acquisition Corp has changed its corporate name to 'Investcorp AI Acquisition Corp' following shareholder approval. The ticker symbol 'IVCA' remains unchanged.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:06 pm

XRTX

XORTX Therapeutics shares declined following the announcement of a securities purchase agreement with institutional investors to sell 810,810 shares of common stock at $1.85 per share.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 4:57 pm

CAPR

Capricor Therapeutics (CAPR) shares fell by 6.05% to $19.27 after announcing a public offering of 4.41 million shares at $17.00 each, expected to raise $75 million. The offering is managed by Piper Sandler & Co. and Oppenheimer & Co. Inc., with funds intended for product development and other corporate purposes.

Portfolio Pulse from Henry Khederian

October 17, 2024 | 4:31 pm

SPHL

Springview's shares began trading at $5 per share, following an IPO priced at $4 per share for 1.5 million shares.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 4:25 pm

IRDM

Iridium Communications Inc. (NASDAQ:IRDM) reported an 8% increase in Q3 revenue, driven by higher commercial service and government engineering revenue. The company exceeded revenue expectations and maintained its EPS in line with estimates. Iridium's subscriber base grew by 11% year-over-year, contributing to a 5% increase in service revenue. The company revised its FY24 OEBITDA guidance upwards and expanded its stock buyback program. IRDM shares rose by 14.2% following the announcement.

Portfolio Pulse from Nabaparna Bhattacharya

October 17, 2024 | 2:30 pm