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Equity Actions

KOPN

Kopin Corporation has announced a $27 million public offering of common stock and pre-funded warrants, with the closing expected around September 23.

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2024 | 12:04 pm

GLE

Global Engine Group has announced the pricing of its $8 million Initial Public Offering (IPO) at $4.00 per share.

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2024 | 12:02 pm

ARQ

Arq shares declined following the announcement of a proposed public offering of common stock, though specific details were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 11:46 am

KOPN

Kopin Corporation's shares are declining following the announcement of a public offering of common stock and pre-funded warrants, though the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 11:45 am

SOC

Sable Offshore has entered into agreements to issue 7.50 million shares of its common stock in a private placement to institutional investors, expecting to raise approximately $150 million in gross proceeds.

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2024 | 11:03 am

ASND

Ascendis Pharma has priced a public offering of 2 million ADSs at $150 each, raising approximately $281.3 million. The proceeds will be used for commercial and clinical development activities, regulatory approvals, and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 5:55 am

FANG

Diamondback Energy has announced a $2.2 billion secondary common stock offering of 12.77 million shares. The company will not receive proceeds from this sale, but plans to repurchase 2 million shares from the underwriters using existing cash.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 5:38 am

MASI

Politan Capital Management, a 9% shareholder of Masimo Corporation, successfully elected its independent nominees, Darlene Solomon and William Jellison, to Masimo's Board during the 2024 Annual Meeting. This move is seen as a step towards enhancing Masimo's growth and innovation focus.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 9:41 pm

CHWY

Chewy Inc (NYSE:CHWY) shares fell in after-hours trading following the announcement of a $500 million public offering by a selling stockholder, Buddy Chester Sub LLC, affiliated with BC Partners Advisors LP. Chewy will repurchase $300 million of its stock from the selling stockholder, which will be canceled and retired.

Portfolio Pulse from Adam Eckert

September 19, 2024 | 9:10 pm

FANG

Diamondback Energy is launching a secondary offering of 11.27 million shares by certain stockholders, with no proceeds going to the company. Diamondback plans to repurchase 2 million shares as part of its existing program.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 8:56 pm