Streetbeat News

Equity Actions

TKO

TKO shares are trading lower after the company announced the pricing of a secondary offering by a selling stockholder.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:35 pm

LQR

LQR House has announced the pricing of a public offering of 157,142,857 shares at $0.07 per share, aiming to raise $11 million.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:20 pm

OTRK

Ontrak, Inc. (OTRK) has announced the pricing of a public offering and a concurrent private placement, as well as the conversion of secured notes. The public offering includes over 4.5 million shares of common stock and over 9 million warrants at $0.60 per share. The private placement to Acuitas Group Holdings and Acuitas Capital includes over 18 million pre-funded warrants and over 36 million warrants at $0.5999 per pre-funded warrant. Acuitas will convert approximately $16.3 million of outstanding senior secured convertible notes, leaving $2.0 million outstanding. The gross proceeds from the public offering are expected to be approximately $6.3 million.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:20 pm

FBIO

Fortress Biotech has announced the pricing of its $10 million public offering of 5.885 million units at $1.7 per unit.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:18 pm

DIS

Disney is reportedly considering integrating some of its TV networks into A+E Networks, a joint venture with Hearst, according to the Wall Street Journal. The move is seen as a strategic step to streamline operations and focus on core businesses.

Portfolio Pulse from Charles Gross

November 10, 2023 | 1:09 pm

INTZ

Intrusion Inc. has announced a securities purchase agreement through a private offering of 4,359,374 shares at $0.60 per share, resulting in net proceeds of $2.4 million.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:05 pm

CYBN

Cybin Inc. has announced an offering of units up to $64 million. Each unit is comprised of one common share and one warrant.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:04 pm

NDLS

Noodles & Company's CEO, Dave Boennighausen, has stepped down effective immediately. Drew Madsen has been appointed as the interim CEO while the company searches for a permanent replacement.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:02 pm

EYE

National Vision Holdings (EYE) has announced plans to repurchase $100M of its convertible notes. The transaction is expected to close on November 14, 2023.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 12:41 pm

CPA

GNK

SBLK

Three industrial stocks with over 3% dividend yields have been recommended by Wall Street's most accurate analysts. The stocks are Star Bulk Carriers Corp. (SBLK), Copa Holdings, S.A. (CPA), and Genco Shipping & Trading Limited (GNK). Recent news for these companies include Star Bulk's repurchase of additional 10 million of its common shares, Copa Holdings' upcoming earnings release for Q3, and Genco Shipping & Trading's narrower-than-expected Q3 loss.

Portfolio Pulse from Lisa Levin

November 10, 2023 | 12:39 pm