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Equity Actions

ORGS

Orgenesis shares declined following the announcement of a 1-for-10 reverse stock split, which typically reduces the number of shares outstanding and can impact stock price perception.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 5:22 pm

VNCE

Vince Holding Corp has filed with the SEC for a stock shelf offering of up to $10 million. This move allows the company to issue new shares to raise capital, which could be used for various corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 5:07 pm

LUCY

Innovative Eyewear Inc (NASDAQ:LUCY) shares dropped 19% to $8.73 after announcing the exercise of $2.6 million worth of warrants. The company will issue new unregistered Series E and F warrants with different expiration periods. The proceeds will be used for working capital and corporate purposes.

Portfolio Pulse from Henry Khederian

September 23, 2024 | 3:10 pm

ELAB

Elevai Labs Inc (NASDAQ:ELAB) shares plummeted by 60% to 11 cents after announcing an $8 million public offering. The offering includes 28.57 million shares with Series A and B Warrants. Proceeds will support corporate purposes. The offering is expected to close by September 24, 2024.

Portfolio Pulse from Henry Khederian

September 23, 2024 | 3:08 pm

MAXN

Maxeon Solar Technologies (NASDAQ:MAXN) shares are declining after announcing a 1-for-100 reverse stock split to avoid Nasdaq delisting due to low trading prices. The company aims to meet the $1 minimum bid price requirement.

Portfolio Pulse from Dylan Berman

September 23, 2024 | 2:43 pm

LUCY

Innovative Eyewear's stock is trading lower following the announcement of a $2.6 million warrant exercise.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:31 pm

DWAC

Trump Media & Technology shares are declining, potentially due to the expiration of a lockup period that restricts major shareholders, including Donald Trump, from selling their stocks. Additionally, Trump has declined a second debate with Vice President Harris.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:23 pm

FRGT

Freight Technologies announced a 1-for-25 reverse stock split, leading to a decline in its share price.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 2:10 pm

FRGT

Freight Technologies, Inc. (NASDAQ:FRGT) announced a 1-for-25 reverse stock split, effective September 25, 2024. The split will reduce the number of outstanding shares from 35,844,999 to 1,433,800. Shares will continue trading under the symbol 'FRGT' with a new CUSIP number.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:40 pm

TMUS

T-Mobile has announced a public offering of senior notes to raise funds for general corporate purposes, including share repurchases and debt refinancing.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 1:08 pm