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Equity Actions

VZLA

Vizsla Silver's shares are declining following the announcement of a $65 million bought deal financing, involving the sale of 25 million shares at $2.60 each.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 5:04 pm

VZLA

Vizsla Silver Corp. has announced a $65 million bought deal financing for the sale of 25 million shares at $2.60 each. The offering is expected to close on September 19, 2024, and includes an over-allotment option that could increase proceeds to $74.75 million.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 5:01 pm

GRDN

Guardian Pharmacy Services has announced its initial public offering (IPO) of 6.75 million shares priced between $14 and $16 per share. The shares will be listed on the NYSE under the symbol 'GRDN'. The company has also granted underwriters a 30-day option to purchase an additional 1,012,500 shares.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 4:08 pm

HCWC

Healthy Choice Wellness shares began trading at $8.50, below the IPO price of $10 for 400,000 shares.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 3:22 pm

IBO

Impact BioMedical is set to launch its initial public offering (IPO) with 1.5 million shares priced at $3.00 each. The shares will begin trading on the NYSE American under the symbol 'IBO' on September 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 2:26 pm

REE

REE Automotive shares rise following a partnership with Motherson Group, which will handle sourcing and supply chain management for REE's production parts. Motherson will also invest $45.35 million in REE through a registered direct offering.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 1:30 pm

NUVL

Nuvalent shares rise as the company reports positive results for its ROS1 and ALK-Positive NSCLC programs, accelerates its development timeline, announces a $350 million public offering, and receives increased price targets from multiple firms.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 1:10 pm

CMCT

Creative Media & Community Trust (CMCT) has explored the sale of several high-quality assets to improve its common equity ratio. This move is aimed at strengthening its financial position.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 12:58 pm

BULD

SSYS

Stratasys, Ltd. (NASDAQ:SSYS) shares surged after announcing a $50 million share repurchase program, part of a strategy to enhance shareholder value. The company aims to save $40 million annually by 2025 through restructuring, including a 15% workforce reduction. Despite missing Q2 revenue estimates, Stratasys beat EPS expectations.

Portfolio Pulse from Lekha Gupta

September 16, 2024 | 12:50 pm

MNTS

Momentus shares declined following the announcement of a $2.75 million private placement with a U.S. institutional investor.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 12:50 pm