Streetbeat News

Equity Actions

NXPL

NextPlat Corp has completed its merger with Progressive Care Inc., making Progressive Care a wholly-owned subsidiary. As a result, Progressive Care's stock will cease trading on the OTCQB exchange as of October 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:12 pm

INAB

IN8bio is conducting a private placement to sell 25.8 million shares, 5.6 million pre-funded warrants, and 31.4 million Series C warrants at $0.395 per unit.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 12:08 pm

BA

Boeing Co. (NYSE:BA) is considering raising $10 billion through a stock sale to bolster its cash reserves amid a strike by 33,000 workers. The stock dipped 1% in pre-market trading. The company is assessing the financial impact of the strike before proceeding with the sale.

Portfolio Pulse from Pooja Rajkumari

October 01, 2024 | 11:55 am

HUT

Hut 8 Mining Corp. announced that Anchorage Digital has converted a ~$38 million loan into Hut 8 common shares at $16.395 per share, a 51% premium to the 20-Day VWAP. This conversion is part of a Debt Repayment Agreement.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 10:36 am

AKR

Acadia Realty Trust has announced an upsized offering of 5 million shares at $23.25 per share, with a 30-day option for underwriters to purchase an additional 750,000 shares. The offering is linked to forward sale agreements and is expected to close on October 2, 2024. The company plans to use future proceeds for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 10:34 am

PMTS

CPI Card Group Inc. announced a secondary public offering of 1.2 million shares at $21 per share, totaling $25.2 million. The offering is by selling stockholders and not the company, which will not receive any proceeds.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 6:58 am

DELL

NVDA

Michael Dell has sold $1.2 billion worth of Dell Technologies stock, reducing his stake amid the company's recent S&P 500 relisting and AI expansion. This sale follows positive analyst coverage and a strong year-to-date stock performance.

Portfolio Pulse from Kaustubh Bagalkote

October 01, 2024 | 3:56 am

HTLM

HomesToLife is pricing its IPO at $4.00 per share for 1.25 million ordinary shares, with trading set to begin on Nasdaq under the ticker 'HTLM' on October 1, 2024. The offering is expected to close on October 2, 2024, pending customary conditions.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 9:35 pm

ARQQ

Arqit Quantum has announced a registered direct offering, selling 5.44 million shares at $2.50 each, raising $13.6 million.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 8:31 pm

PNTG

The Pennant Group's shares are declining following the announcement of a public offering of 3.5 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 8:21 pm