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Equity Actions

DUO

FangDD has announced a $2.5 million registered direct offering of 1.61 million Class A ordinary shares at $1.55 per share. This move is likely aimed at raising capital for the company's operations or expansion plans.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 6:30 pm

DIN

Wedbush analyst Nick Setyan upgraded Dine Brands Global, Inc. (NYSE:DIN) to Outperform, raising the price target to $47. Key catalysts include a $100 million+ accelerated share repurchase plan and strong free cash flow projections. DIN shares rose 13.1% to $35.32.

Portfolio Pulse from Nabaparna Bhattacharya

October 01, 2024 | 6:20 pm

BCTX

BriaCell Therapeutics has announced a $5 million offering consisting of 5.13 million shares and warrants, priced at $0.975 per unit.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 6:07 pm

BNOX

Bionomics shares are experiencing a decline as shareholders prepare to vote on the company's potential re-domiciling to the US.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 3:19 pm

GHSI

Guardion Health Sciences (NASDAQ:GHSI) shares plummeted by 42.2% after announcing a plan of dissolution and liquidation, delisting from Nasdaq, and appointing a new interim CEO. The company will dissolve following the sale of its Viactiv® brand, with a liquidating dividend expected.

Portfolio Pulse from Henry Khederian

October 01, 2024 | 3:09 pm

SARO

StandardAero, Inc is set to begin trading on the NYSE under the ticker SARO on October 2. The IPO price is expected to be between $20.00 and $23.00 per share, with an insider lock-up period of 180 days.

Portfolio Pulse from Benzinga Insights

October 01, 2024 | 3:00 pm

PMTS

CPI Card Group's shares are declining following the announcement of a $25.2 million secondary offering of 1.2 million shares at $21 each.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 1:44 pm

BSIG

BrightSphere Investment Group has announced that Kelly Young will become the new CEO and Director. The company will rebrand as Acadian Asset Management Inc. and change its ticker symbol to AAMI.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 1:14 pm

GHSI

Guardion Health Sciences has announced a plan of dissolution and liquidation, which includes delisting from Nasdaq. Mark Goldstone has been appointed as the interim President and CEO.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 1:09 pm

SIFY

Sify Technologies Ltd. announced a change in the ratio of its American Depositary Shares (ADS) from 1:1 to 1:6, effective October 4, 2024. This change is equivalent to a one-for-six reverse ADS split, impacting the number of ADSs but not the proportional equity interest of holders.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 1:03 pm