Streetbeat News

Equity Actions

CING

Cingulate Inc. (NASDAQ:CING) announced the exercise of Series A and B warrants, generating $1.86M in gross proceeds. The exercise price was reduced to $0.585 per share. New Series C and D warrants will be issued, with different expiration dates.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 1:16 pm

TCX

Tucows has appointed Ivan Ivanov as its new Chief Financial Officer (CFO).

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 1:11 pm

ALUR

Allurion Technologies, Inc. (NYSE: ALUR) announced a public offering of 14,406,508 shares of its common stock at $1.20 per share, raising $17.3 million. Additionally, a $2.7 million private placement with RTW Investments will bring total proceeds to $20 million. The offering is expected to close around July 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 1:08 pm

IZEA

IZEA Worldwide, Inc. has authorized a $5 million share repurchase program. This move indicates the company's confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 1:02 pm

ELTX

Elicio Therapeutics has announced the pricing of an $11.5 million underwritten public offering, which includes 500,000 shares and accompanying common warrants at $5.00 per share and warrant.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 1:01 pm

SVRA

Savara Inc. (NASDAQ:SVRA) announced the pricing of a $100 million underwritten offering of 26,246,720 shares of its common stock at $3.81 per share. The offering is expected to close on July 1, 2024, and includes investors such as Bain Capital Life Sciences and Wellington Management.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 12:50 pm

SHOT

Safety Shot President Jordan Schur has invested an additional $1 million in the company through his family fund, Core 4 Capital Corp. This follows a previous $5 million investment from the same fund in April 2024.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 12:39 pm

CARM

DJT

PTGX

Market-Moving News for June 28th includes significant movements for Protagonist Therapeutics, Trump Media & Technology Group, and Carisma Therapeutics. Protagonist Therapeutics will join the S&P SmallCap 600, Trump Media & Technology Group shares rose following a presidential debate, and Carisma Therapeutics shares surged after announcing a new development candidate in collaboration with Moderna.

Portfolio Pulse from ryanfaloona@benzinga.com

June 28, 2024 | 12:37 pm

FLNT

Fluent, Inc. (FLNT) has been included in the Russell Microcap Index, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 12:35 pm

EFSH

1847 Holdings shares are trading lower after the company announced a 1-for-13 reverse split.

Portfolio Pulse from Benzinga Newsdesk

June 28, 2024 | 12:35 pm