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Equity Actions

TSLA

Elon Musk's X.AI CORP. has filed with the SEC for an offering of an undisclosed amount according to a Form D filing. The details of the offering, including the amount and the potential use of proceeds, have not been made public.

Portfolio Pulse from Charles Gross

December 05, 2023 | 10:00 pm

TRMK

Trustmark Corp has announced a new share repurchase program, as per their SEC 8K filing. The program authorizes the repurchase of up to $50 million of the company's outstanding common shares until December 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:44 pm

IPA

ImmunoPrecise Antibodies Ltd. (NASDAQ:IPA) announced its intention to conduct an underwritten public offering of common shares. The size and terms of the offering have not been disclosed. The company plans to grant underwriters a 30-day option to purchase additional shares to cover over-allotments. The proceeds will be used for R&D, capital expenditures, including lab expansion, and for general corporate purposes. The offering is subject to market conditions, and there is no certainty about its completion or terms. The Benchmark Company LLC is the sole book-running manager for the offering.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:36 pm

NTB

Bank of N.T. Butterfield & Son Limited (NTB) has announced a share repurchase program, authorizing the purchase of up to 3.5 million of its ordinary shares through December 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:32 pm

MSBI

Midland States Bancorp, Inc. (NASDAQ:MSBI) has announced a new stock repurchase program authorizing the repurchase of up to $25 million of its common stock. This program will be effective from January 1, 2024, to December 31, 2024, succeeding the current program expiring on December 31, 2023, with $7.2 million remaining. The repurchases aim to provide flexibility in capital allocation decisions to benefit shareholders and support long-term growth amid economic uncertainty.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:32 pm

FFBC

First Financial Bancorp has announced authorization for the repurchase of up to 5 million shares of its common stock, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:30 pm

VTMX

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (Vesta), listed as VTMX on the NYSE, has initiated an underwritten public offering of 4 million American Depositary Shares (ADS), which represent 40 million of its common shares. The offering is pursuant to a registration statement on Form F-1 with the SEC. The common shares are registered in Mexico's RNV, overseen by the CNBV. Barclays, BofA Securities, and Morgan Stanley are the global coordinators for the offering.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:26 pm

IPA

ImmunoPrecise Antibodies Ltd has filed with the SEC for an offering of common shares, although the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:26 pm

FLNC

Fluence Energy, Inc. (FLNC) shares have dropped following the announcement of a secondary offering of Class A common stock by its existing controlling stockholders. This offering could potentially dilute the value of existing shares and indicates that controlling stockholders are looking to reduce their positions.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:23 pm

FLNC

Fluence Energy, under the ticker FLNC, has announced a secondary offering of 18 million Class A common stock shares. This offering will be made by existing controlling stockholders, not by the company itself. As a result, the company will not receive any proceeds from the sale of these shares.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 9:20 pm