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CWST

Casella Waste Systems has announced a public offering of 4.5 million Class A common stock shares at $100 per share, aiming to raise $450 million in gross proceeds. The company also has an option to offer an additional 675,000 shares.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 12:08 pm

AL

Air Lease Corporation has announced a $300 million offering of 6.00% Fixed-Rate Reset Preferred Stock, Series D. The proceeds will be used to redeem its 6.15% Series A Preferred Stock and for general corporate purposes, including aircraft purchases and debt repayment.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 6:31 am

BOX

Box Inc. has announced a $400 million offering of convertible notes with a 1.50% interest rate and a 30% conversion premium. The company plans to use the proceeds for capped call transactions, repurchasing existing notes, and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 18, 2024 | 5:56 am

MASI

Politan Capital Management, holding an 8.9% stake in Masimo Corporation, announced that Glass Lewis has reiterated its recommendation for Masimo shareholders to vote for both of Politan's independent director nominees.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 9:50 pm

AAPL

CME

DELL

NVDA

The article discusses the potential impact of upcoming central bank decisions, particularly focusing on the Federal Reserve and the Bank of Japan. Thomas Hayes of Great Hill Capital highlights the importance of Japan's central bank meeting, which could create market volatility, especially in tech stocks. The article also notes recent stock movements by major funds, including Berkshire Hathaway selling Apple shares, and State Street, Coatue, and Two Sigma buying shares in Nvidia, Dell Technologies, and CME Group.

Portfolio Pulse from Aaron Bry

September 17, 2024 | 9:26 pm

ENLC

EnLink Midstream (ENLC) announced the redemption of its 6.000% Series C Fixed-to-floating Rate Cumulative Redeemable Perpetual Preferred Units. The redemption will be funded through borrowings under its revolving credit facility.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 9:15 pm

CYTO

Altamira Therapeutics has announced a public offering priced at $0.72 per share, aiming to raise up to $12 million. The offering includes 5.55 million common shares and warrants, with $4 million upfront and potential additional $8 million from milestone-linked warrants.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 9:11 pm

CBUS

Cibus plans a public offering of its Class A Common Stock, with no terms disclosed yet. The company may allow underwriters a 45-day option to purchase an additional 15% of shares. Existing investors and CEO Rory Riggs show interest in buying shares.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:49 pm

WHLR

Wheeler Real Estate Investment Trust (WHLR) announced a 1-for-3 reverse stock split effective September 19, 2024. This will adjust the trading of common stock, convertible notes, preferred stock, and incentive plans accordingly.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:08 pm

TRAW

Traws Pharma announced the approval of a 1-for-25 reverse stock split, set to begin trading on a split-adjusted basis on September 23, 2024. The decision was made following a special shareholders meeting where all proposals were approved, including an increase in authorized shares and the issuance of shares upon conversion of preferred stock.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 8:06 pm