Streetbeat News

Equity Actions

AHH

Armada Hoffler Properties has initiated a public offering of 7 million shares, which could impact its stock price due to potential dilution and capital raising implications.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 8:02 pm

SONN

Sonnet BioTherapeutics (SONN) shares fell by 19.9% after announcing a 1-for-8 reverse stock split to meet Nasdaq's $1.00 minimum bid price requirement. The reverse split will reduce outstanding shares and adjust warrants, stock options, and equity incentive plans.

Portfolio Pulse from Henry Khederian

September 25, 2024 | 6:25 pm

SONN

Sonnet BioTherapeutics shares fell following the announcement of a 1-for-8 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 4:11 pm

FLUT

Flutter Entertainment shares rose following the announcement of 2027 guidance and a $5 billion share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 3:58 pm

BKSY

BlackSky Technology (BKSY) shares dropped 16.9% to $4.19 after announcing a $40 million public offering of 10 million shares at $4.00 each. The offering is expected to close around September 26, with an option for underwriters to purchase an additional 1.5 million shares.

Portfolio Pulse from Henry Khederian

September 25, 2024 | 3:40 pm

SNOW

Snowflake Inc. (NYSE:SNOW) shares are trading higher as the company recovers from a dip following the announcement of a $2 billion convertible senior notes offering. The notes are priced at a 40% premium, and analysts maintain a positive outlook with a price target of $180.

Portfolio Pulse from Erica Kollmann

September 25, 2024 | 3:30 pm

BKV

BKV Corporation is set to go public on the NYSE under the ticker BKV, with shares priced between $19.00 and $21.00. The IPO is scheduled for September 26, with a 180-day insider lock-up period ending on March 25, 2025.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 3:00 pm

FBGL

FBS Global Limited is set to IPO on NASDAQ under the ticker FBGL on September 26, with shares priced between $4.50 and $5.00. The company specializes in green building and interior fit-out projects.

Portfolio Pulse from Benzinga Insights

September 25, 2024 | 3:00 pm

BXSL

Blackstone Secured Lending Fund has filed with the SEC to issue and sell common shares worth up to $500 million. This move could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:34 pm

USEG

U.S. Energy Corp. has announced significant corporate updates, including the complete repayment of its debt, the commencement of a development program in Montana, and a share repurchase program. The company has available liquidity of $22 million.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 1:11 pm