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Equity Actions

TSNDF

TerrAscend Corp. is set to report its Q3 2024 earnings on November 6, 2024. The company has shown revenue growth and secured a $140 million term loan to improve its financial position. Additionally, TerrAscend announced a $10 million share repurchase program, indicating confidence in its future.

Portfolio Pulse from Jelena Martinovic

October 08, 2024 | 2:23 pm

ALCE

Alternus Clean Energy's stock is rising after the company announced a $100 million reduction in debt and payables through the sale of Solis. Additionally, the company plans to enhance shareholder equity by $45 million by disposing of certain subsidiaries.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 2:17 pm

RIME

Algorhythm Holdings (NASDAQ: RIME) has terminated its at-the-market equity program with Ascendiant Capital after raising $1.4 million by selling 2.16 million shares at $0.65 each.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 12:09 pm

DOCU

DocuSign shares are experiencing an upward trend following the announcement that the company will be included in the S&P MidCap 400 index.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 11:51 am

APD

CARR

HON

Honeywell International plans to spin off its Advanced Materials unit into a separate publicly traded company, aiming to simplify its structure and boost flexibility. The spin-off, valued over $10 billion, is part of Honeywell's strategy to focus on automation, aviation, and energy transition. The move aligns with a trend among industrial conglomerates to streamline operations. Honeywell has been active in acquisitions and recently increased its dividend.

Portfolio Pulse from Vandana Singh

October 08, 2024 | 11:07 am

DOCU

MDU

DocuSign shares rose 5.7% in pre-market trading as it is set to replace MDU Resources in the S&P MidCap 400. Other notable pre-market movers include Nature’s Miracle, Ontrak, and Nuburu, with significant gains, while SOBR Safe and Cemtrex saw notable declines.

Portfolio Pulse from Avi Kapoor

October 08, 2024 | 10:36 am

HON

Honeywell plans to spin off its Advanced Materials Business by 2025 or early 2026, which will not affect its FY24 guidance. The company is on track to exceed its $25 billion capital deployment goal by 2025, with $9 billion already spent on acquisitions in 2024.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 10:03 am

HON

Honeywell plans to spin off its Advanced Materials business into an independent, publicly traded company. The spin-off is expected to be tax-free for shareholders.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 10:01 am

BURU

NUBURU, Inc. (NYSE:BURU) has secured $65 million in financing from Liqueous LP, including a $15 million direct investment and a $50 million equity line of credit. This funding will help accelerate the commercialization of their industrial blue laser technology.

Portfolio Pulse from Benzinga Newsdesk

October 08, 2024 | 6:00 am

CHUY

MDU

MDU Resources will replace Chuy's Holdings in the S&P SmallCap 600 index, effective before the market opens on October 11.

Portfolio Pulse from Benzinga Newsdesk

October 07, 2024 | 9:18 pm