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Equity Actions

BKSY

BlackSky Technology's shares fell following the announcement of a $40 million public offering, pricing 10 million shares at $4.00 each.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:50 pm

BKSY

BlackSky has announced a public offering of 10 million shares priced at $4.00 each, aiming to raise $40 million.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:49 pm

SONN

Sonnet BioTherapeutics has announced a 1-for-8 reverse stock split to regain compliance with Nasdaq's minimum bid price requirement. This move is aimed at consolidating shares to increase the stock price.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:34 pm

NLSP

NLS Pharmaceutics Ltd. (NASDAQ:NLSP) is implementing a 1-for-40 reverse share split effective September 27, 2024. This will reduce the number of outstanding shares from 46,880,000 to approximately 1,172,000. The split will not affect shareholder ownership percentages, except for fractional shares.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:30 pm

SEEL

Seelos Therapeutics shares are trading higher following the announcement of a 1-for-16 reverse stock split.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:18 pm

SEEL

Seelos Therapeutics announced a 1-for-16 reverse stock split to regain compliance with Nasdaq's minimum bid price requirement. The split will be effective on September 27, 2024, and the stock will trade under the same symbol 'SEEL' with a new CUSIP number.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:18 pm

PCRX

DOMA Perpetual Capital Management has urged Pacira Biosciences to accelerate and increase its share buyback program, citing the company's $400 million cash balance as inefficient. They believe the current stock price presents an opportunity for significant shareholder returns.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:17 pm

NVEE

NV5 Global, Inc. has announced a 4-for-1 stock split to increase accessibility for employees and investors, boost liquidity, and align interests.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:06 pm

BNZI

Banzai International's shares are trading lower following the announcement of a $5 million private placement.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 12:06 pm

OCTO

PRGS

TH

Eightco Holdings has improved its balance sheet by eliminating $5.4M in convertible notes and increasing shareholder equity by $23M. Progress Software's stock rose due to a Q3 earnings beat and raised guidance. Target Hospitality's shares fell after disbanding its Special Committee.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2024 | 11:59 am