Streetbeat News

Equity Actions

ADD

Color Star Technology Co., Ltd. (NASDAQ:ADD) has announced the pricing of an initial $7 million tranche of up to $33 million in registered senior secured convertible notes. The notes, with a 6% interest rate and a 12-month maturity, are convertible into Class A Ordinary Shares at a price of $1.60 or the Alternative Conversion Price. The first closing is expected around September 30, 2024, and includes warrants for 2.9 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 1:03 pm

MOFG

MidWestOne Financial Group, Inc. (NASDAQ:MOFG) announced the pricing of its public offering of 4.347 million shares at $25 each, aiming to raise approximately $103.5 million. The proceeds will support the bank's capital ratios and potential securities portfolio repositioning.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:52 pm

HPQ

NVNO

NVO

SAVA

TRMD

UDMY

UEC

Cassava Sciences and enVVeno Medical are among the big stocks moving lower in Friday's pre-market session. Cassava Sciences fell due to SEC charges, while enVVeno Medical dropped after announcing a public offering.

Portfolio Pulse from Avi Kapoor

September 27, 2024 | 12:47 pm

VCIG

VCI Global Limited (NASDAQ:VCIG) has terminated its At-The-Market equity offering program with H.C. Wainwright & Co., LLC, which generated $1.77 million in gross proceeds. The company aims to explore more favorable financing options for long-term growth.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:40 pm

EYEN

Eyenovia, Inc. has announced a $4 million registered direct offering involving the sale of 8,695,653 shares and warrants at $0.46 per share. The proceeds will fund commercialization, clinical studies, and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:33 pm

ADTX

Aditxt has announced a 1-for-40 reverse stock split effective at the open of trading on October 2. This corporate action is aimed at increasing the per-share trading price of its common stock.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:17 pm

NVNO

EnVVeno Medical's stock is trading lower following the announcement of a $15 million public offering, pricing 4.3 million shares at $3.50 each.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:12 pm

TOVX

Theriva Biologics shares declined following the announcement of a $2.5 million offering with new warrants priced at $1.75 per share.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:11 pm

ONCO

Onconetix shares rose after Altos Venture disclosed a 32.5% stake in the company in a 13D filing.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:10 pm

MLNK

MeridianLink's shares are trading lower following the announcement of a secondary public offering of 6,000,000 shares.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 12:01 pm