Streetbeat News

Equity Actions

MSOS

Tayyaba Khan from Cassels Brock & Blackwell highlights the benefits of equity financing in the cannabis sector, noting it provides access to capital, especially for early-stage companies, amidst limited funding sources.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 6:09 pm

INHD

Inno Holdings announced a 1-for-10 reverse stock split, causing its shares to trade lower. The split will be effective on October 10.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 4:19 pm

INHD

Inno Holdings has announced a 1-for-10 reverse stock split effective October 9, with trading on a split-adjusted basis starting October 10.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:44 pm

CCL

A significant options activity was observed for Carnival Corporation (CCL) with a sweep of 2,428 call options for the October 18 $19 strike price, traded near the ask price at $0.461. This is against an open interest of 49,162, with the stock reference price at $18.79.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:16 pm

SKK

SKK Holdings has successfully launched its IPO, with shares opening at $4.50, above the initial pricing of $4 per share for 2.5 million shares.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:12 pm

SKK

SKK Holdings is launching an IPO with an initial price of $4 per share for 2.5 million shares. The IPO indicates a price of $4.31 per share on 100,896 shares.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 3:10 pm

KLC

KinderCare Learning Companies, Inc (NYSE:KLC) is set to IPO on October 9, 2023, on the NYSE. The company will offer shares priced between $23.00 and $27.00, with a 180-day insider lock-up period. KinderCare is the largest private provider of early childhood education in the U.S.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 3:00 pm

PTLE

PTL Limited is set to IPO on NASDAQ under the ticker PTLE on October 9, 2023, with shares priced between $4.00 and $6.00. The insider lock-up period will last until April 7, 2025.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 3:00 pm

SAG

SAG Holdings Limited is set to IPO on NASDAQ under the ticker SAG on October 9, with shares priced at $8.00 each. The company operates through subsidiaries in Singapore and Malaysia, focusing on On-Highway and Off-Highway businesses. An insider lock-up period will last until April 7, 2025.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 3:00 pm

SOBR

SOBR Safe Inc (NASDAQ:SOBR) shares dropped 33.4% to $6.72 after announcing a private placement to raise $8.2 million. The company will issue units at $4.05 each, including shares and warrants. Proceeds will be used for corporate purposes and working capital.

Portfolio Pulse from Henry Khederian

October 08, 2024 | 2:59 pm