Streetbeat News

Equity Actions

ONDS

Ondas Holdings' CFO, Yishay Curelaru, has been drafted to the Israeli Army and has temporarily stepped down from his position. The company's President and CEO, Eric Brock, has been appointed as the Interim CFO. The company expects Curelaru to resume his duties in the near future.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 9:21 pm

FRZA

Forza X1 has filed for a mixed shelf offering of up to $100 million, according to a recent SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 9:18 pm

SILV

SilverCrest Metals Inc. has released its Q3 2023 operational results, reporting the sale of 14,500 ounces of gold at an average price of $1,931/oz and 1.53 million ounces of silver at an average price of $23.41/oz. The company generated $63.8 million in revenue from these sales. SilverCrest also spent $7.1 million to buy back 1.5 million shares, demonstrating its financial strength and commitment to return shareholder capital. The company remains well funded with $81.7 million in treasury holdings.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 9:07 pm

BIRK

German shoemaker Birkenstock is expected to price its IPO at $46 per share, giving it a tentative valuation of about $8.64 billion. The company initially expected to sell about 10.75 million ordinary shares in the offering and could raise around $495 million when it begins trading on the New York Stock Exchange under the ticker 'BIRK'. The offering could bring in around $1.48 billion. The company's growth and profitability have sparked interest from investors despite an overall slowdown in the footwear sector.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 9:05 pm

CBOE

Benzinga's Michael Murray interviewed Jonathan Zaionz, Senior Derivatives Analyst at Cboe Global Markets (BATS:CBOE), discussing 0DTE - zero days to expiration - options. Cboe Global Markets, a leading provider of market infrastructure operating in 26 markets globally, offers trading in options, futures, equities, FX, digital assets, and more. 0DTE options, long used by institutional players, are gaining popularity with the retail market.

Portfolio Pulse from Johnny Rice

October 10, 2023 | 9:02 pm

CSCO

Cisco Systems, Inc. has added Dan Schulman, former president and CEO of PayPal Holdings, Inc., to its board. Meanwhile, Michele Burns, Rod McGeary, and Lisa Su have notified the board that they will not stand for re-election at the 2023 annual meeting in December 2023.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 9:01 pm

PRST

Presto has announced the appointment of Nathan Cook as its new interim CFO. Additionally, major shareholder Cleveland Avenue has agreed to increase its ownership in Presto with a $3 million investment in the company's common stock. Shareholders holding 53% of the issued shares have also agreed not to sell or dispose of any shares until December 23, 2024.

Portfolio Pulse from Happy Mohamed

October 10, 2023 | 8:49 pm

DISC

Disc Medicine Inc plans to offer and sell shares of common stock with an aggregate offering price of up to $59.7M from time to time.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:41 pm

CIVI

Civitas Resources has announced an offering and resale by selling stockholders of up to 13.5 million shares. The company has not disclosed the price at which the shares will be sold.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:39 pm

SNX

TD SYNNEX Corporation (SNX) has announced a secondary public offering of 6.75 million shares of its common stock held by entities managed by affiliates of Apollo Global Management and other selling stockholders. The underwriters have a 30-day option to purchase up to an additional 1.01 million shares. TD SYNNEX is also authorized to purchase 2.75 million shares as part of the offering, provided the total amount repurchased does not exceed $280 million. The repurchase is part of the company's existing share repurchase program and will be funded from existing cash on hand.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 8:34 pm