Streetbeat News

Equity Actions

SNY

Sanofi has adjusted its 2024 EPS growth guidance to low single-digit growth after transferring its Opella stake. The company anticipates a strong rebound in 2025.

Portfolio Pulse from Benzinga Newsdesk

October 21, 2024 | 6:24 am

CASK

INGM

PRB

ROLR

Several companies are set to go public this week, including Peak Resources LP, Ingram Micro Holding Corporation, High Roller Technologies, Inc, and Heritage Distilling Holding Company, Inc. These IPOs offer opportunities for investors to participate in new market entries.

Portfolio Pulse from Benzinga Insights

October 20, 2024 | 9:04 pm

CBUS

Cibus has announced a strategic realignment that includes an immediate reduction of approximately 26 full-time employees. The company estimates incurring around $0.35 million in one-time costs in Q4 2024 related to this workforce reduction, primarily for accrued vacation and severance payments.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:29 pm

MNTS

Momentus has filed a prospectus with the SEC for the offer and sale of 20.5 million shares of Class A common stock by selling stockholders.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:11 pm

EUDA

Euda Health Holdings has filed with the SEC for a $100 million mixed shelf offering, which allows the company to issue various types of securities over time. This move provides Euda with flexibility to raise capital as needed.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:10 pm

CVS

DRUG

LILM

MGPI

SLB

USM

U.S. stocks mostly rose with the Nasdaq gaining over 100 points. Schlumberger reported mixed Q3 results, missing revenue expectations but beating EPS estimates. United States Cellular sold spectrum licenses to Verizon, boosting its stock. Bright Minds Biosciences surged after a private placement announcement. MGP Ingredients and CVS Health saw declines due to soft guidance and outlook cuts, respectively.

Portfolio Pulse from Avi Kapoor

October 18, 2024 | 6:15 pm

JTAI

Jet.AI has announced a $1.5 million registered direct offering, pricing 15.6 million shares at $0.096 per share. The closing is expected around October 21, 2024, with Maxim Group LLC as the exclusive placement agent.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 6:04 pm

JTAI

Jet.AI Inc. (NASDAQ:JTAI) announced a registered direct offering of 15.6 million shares at $0.096 per share, raising approximately $1.5 million. The offering is expected to close around October 21, 2024, with Maxim Group LLC as the exclusive placement agent.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 6:00 pm

BIAF

bioAffinity Technologies shares fell following the announcement of a $2.66 million direct offering of 2.05 million shares.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 5:51 pm

BIAF

bioAffinity Technologies has announced a $2.66 million registered direct offering and a concurrent private placement. The offering includes 2.05 million shares priced at $1.30 each and warrants for 2.66 million shares at $1.50 per share, exercisable after stockholder approval for up to five years. The closing is expected around October 21, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 4:53 pm