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Equity Actions

XRTX

XORTX Therapeutics Inc. has announced a 1-for-9 share consolidation, reducing the number of issued and outstanding shares from 17,989,687 to approximately 1,998,854. The consolidation has been approved by the TSX Venture Exchange and will be effective from November 9, 2023. The shares will continue to trade on the TSXV and the Nasdaq Capital Market under the symbol 'XRTX'.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:54 pm

AGBA

AGBA Group Holding Limited has entered into term sheets for a private placement offering amounting to $6.2 million. The purchase price of the Share Placement will be $0.70 per ordinary share of the Company and associated warrants. The Share Placement is expected to fuel the company's expansion and accelerate its path to profitability. It will also enhance the company's financial flexibility and enable it to pursue strategic acquisitions to strengthen its market position.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:53 pm

LZ

LegalZoom.com, Inc. (NASDAQ:LZ) announced a secondary offering of 15,099,993 shares of its common stock by LucasZoom, LLC, an affiliate of investment funds advised by Permira Advisers LLC. LegalZoom is not offering any shares and will not receive any proceeds from this sale.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:50 pm

ACIW

ACI Worldwide, a global provider of real-time electronic payment and banking solutions, is set to join the S&P SmallCap 600 index.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:36 pm

CNM

Core & Main, a leading distributor of water, wastewater, storm drain and fire protection products, is set to join the S&P MidCap 400 index.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:36 pm

GHBWF

GLASF

Glass House Brands Inc. has appointed Yelena Katchko, a renowned cannabis law attorney, to its Board of Directors. Katchko, a founding partner at Katchko, Vitiello & Karikomi, PC, has a strong track record in cannabis law and has been instrumental in shaping cannabis regulations in Los Angeles and California. Her appointment is expected to add significant value to Glass House as the company continues to grow.

Portfolio Pulse from Joana Scopel

November 08, 2023 | 10:34 pm

SMR

Utah Associated Municipal Power Systems (UAMPS) and NuScale Power Corporation (NYSE:SMR) have mutually agreed to terminate the Carbon Free Power Project (CFPP) due to lack of enough subscription to continue toward deployment. Despite the termination, NuScale plans to continue advancing its small modular reactor (SMR) technology with other domestic and international customers.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:31 pm

THR

Thermon Group Holdings, Inc. (NYSE:THR) has announced that John U. Clarke will succeed John Nesser as the non-executive chairman of the board of directors. Nesser will continue to serve as a board member to ensure a smooth transition. Clarke has been an independent director of the company since 2019 and has a deep understanding of the business, strategy, and future opportunities.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:27 pm

MNST

Monster Beverage Corporation (NASDAQ:MNST) has announced a new share repurchase program, authorizing the repurchase of up to an additional $500 million of the company's outstanding common stock. This is in addition to the approximately $282.8 million remaining from the company's previously authorized repurchase program.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:27 pm

MYGN

Myriad Genetics has announced a $100 million offering of common stock.

Portfolio Pulse from Benzinga Newsdesk

November 08, 2023 | 10:25 pm