Streetbeat News

Equity Actions

ARQ

Arq has announced a public offering of common stock, pricing 25 million shares at $5.25 each. The offering is expected to close on September 23, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 12:22 pm

SOC

Sable Offshore shares are trading lower following the announcement of a $150 million private placement of 7.50 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 12:21 pm

CHWY

Chewy's stock is trading lower following the announcement of a public offering of shares by a selling stockholder and a concurrent share repurchase.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2024 | 12:12 pm

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