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Equity Actions

SARO

StandardAero, Inc. has announced the pricing of its upsized IPO at $24 per share, offering 60 million shares, including 6.75 million from existing stockholders. The shares will trade on the NYSE under the symbol 'SARO' starting October 2, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 6:51 am

CRGY

PRFT

Crescent Energy will replace Perficient in the S&P SmallCap 600 index, effective before the market opens on October 4. This change may impact the stock prices of both companies as index funds adjust their holdings.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 9:17 pm

NKE

Nike reported Q1 earnings with a revenue miss but an EPS beat. Revenue was $11.59 billion, below estimates, while EPS was 70 cents, above expectations. Sales declined across regions, and the company is undergoing a CEO transition. Nike returned $1.8 billion to shareholders through dividends and buybacks.

Portfolio Pulse from Adam Eckert

October 01, 2024 | 8:42 pm

TGL

Treasure Global shares rose following the completion of its at-the-market equity offering program.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 8:33 pm

TGL

Treasure Global has terminated its At-The-Market (ATM) Offering Program after successfully raising $2.99 million by selling 1.67 million common shares. The proceeds have been used to support the company's growth and new business ventures.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 8:32 pm

VUZI

Vuzix Corp has filed for a stock shelf offering of up to $15.4 million, according to an SEC filing. This move could impact the company's stock price as it may lead to dilution of existing shares.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 8:14 pm

ACON

Aclarion has entered into a $1 million securities purchase agreement, issuing 1,000 Series C preferred shares at $1,000 each. These shares are convertible at $0.1759 per common share, and the agreement includes warrants for 5.7 million common shares.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 8:13 pm

BCTX

BriaCell Therapeutics shares fell following the announcement of a $5.13 million offering of shares and warrants priced at $0.975 per unit.

Portfolio Pulse from Benzinga Newsdesk

October 01, 2024 | 7:26 pm

NFE

New Fortress Energy (NFE) shares are rising after announcing a $400 million stock offering, with CEO Wesley Edens purchasing a significant portion. The offering is expected to close on Oct. 2, with proceeds for general corporate purposes. The stock also benefits from energy sector gains amid Middle East tensions.

Portfolio Pulse from Adam Eckert

October 01, 2024 | 6:57 pm

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