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Equity Actions

KN

Knowles Corporation has agreed to sell its Consumer MEMS Microphones business to Syntiant for $150 million. The deal includes $70 million in cash and $80 million in Syntiant preferred stock. Knowles plans to use the cash proceeds to reduce debt and repurchase its own stock.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 10:56 am

AHR

American Healthcare REIT has announced an upsized public offering of 17.4 million common shares at $23.55 per share. The proceeds will be used to purchase a minority interest in Trilogy Holdings, LLC, and to repay debt. The offering is expected to close on September 20, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 7:11 am

HESM

Hess Midstream has announced the pricing of an upsized secondary public offering of 11 million Class A shares. This move could impact the stock price and investor sentiment in the short term.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2024 | 6:44 am

HOOD

PLTR

Cathie Wood's Ark Invest continues to sell shares of Robinhood and Palantir, despite favorable market conditions for Robinhood following a Federal Reserve rate cut. Ark's trades align with its recent pattern of reducing holdings in these companies.

Portfolio Pulse from Benzinga Neuro

September 19, 2024 | 2:28 am

INBS

Intelligent Bio Solutions Inc has entered into an at-market offering agreement with Ladenburg Thalmann & Co. This agreement could impact the company's stock price as it involves the issuance of new shares.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 8:24 pm

HESM

Hess Midstream announced a public offering of 10 million Class A shares by Global Infrastructure Partners. The underwriters have a 30-day option to purchase an additional 1.5 million shares. Hess Midstream will not receive any proceeds from this sale.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 8:18 pm

CRMT

America's Car-Mart plans to offer $65M in common stock, with an option for underwriters to purchase an additional $9.75M. Proceeds will repay credit facilities and support general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 8:13 pm

AHR

American Healthcare REIT is offering 14.5 million shares of common stock to raise funds. The proceeds will be used to buy a 24% minority interest in Trilogy Holdings and to repay some of its outstanding debt.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 8:05 pm

ASND

Ascendis Pharma has announced a public offering of $300 million of American Depositary Shares (ADSs), with an option for underwriters to purchase an additional $45 million. This move is likely to impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 8:05 pm

VCNX

Vaccinex, Inc. (NASDAQ:VCNX) shares fell 14.2% after the company announced $6.2 million in proceeds from warrant exercises and the issuance of new warrants. The exercise involved 1,067,492 shares at $5.36 each, resulting in 827,483 shares issued and pre-funding of 240,009 shares. New warrants were also issued.

Portfolio Pulse from Dylan Berman

September 18, 2024 | 5:33 pm