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Equity Actions

XCUR

Exicure shares rose following the company's announcement of debt-for-equity exchange agreements, which likely improved its financial position.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 11:55 am

SSYS

Stratasys shares rose following the announcement of a $50 million share repurchase program, indicating confidence in the company's financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 11:55 am

SBT

Sterling Bancorp has announced the sale of Sterling Bank and Trust, F.S.B. to EverBank Financial for $261 million. Following the sale, Sterling Bancorp plans to dissolve, distributing proceeds to shareholders in two stages.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 11:53 am

NUVL

Nuvalent has announced an underwritten public offering of $350 million, though other terms of the deal remain undisclosed. This move could impact the company's stock price as it may affect the company's capital structure and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 11:02 am

ZDGE

Zedge, Inc. (NYSE:ZDGE) has announced a $5 million share buyback program following the completion of a previous $3 million buyback. The company is experiencing strong revenue growth and believes its stock is undervalued.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 10:33 am

SSYS

Stratasys has announced a share repurchase program authorizing the buyback of up to $50 million worth of its shares. This move is likely aimed at boosting shareholder value and confidence.

Portfolio Pulse from Benzinga Newsdesk

September 16, 2024 | 9:02 am

DWAC

Trump Media & Technology Group Corp. faces a $4 billion decline in value as its lockup agreement nears expiration, prompting potential insider sell-offs. Despite Trump's claim of not selling his shares, the stock surged 12%. The company's valuation remains high despite low revenues.

Portfolio Pulse from Bibhu Pattnaik

September 15, 2024 | 8:01 pm

LGCY

Legacy Education Inc (NYSE:LGCY) is set to go public on Sept. 19 with an IPO price range of $5.00 to $7.00, offering 2,000,000 shares at $6.00 each. The IPO includes a 180-day lockup period.

Portfolio Pulse from Benzinga Insights

September 15, 2024 | 6:39 pm

XCUR

Exicure shares rise following the company's debt-for-equity exchange agreements.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 8:50 pm

XCUR

Exicure has converted $1 million in promissory notes into common stock, issuing shares to its largest shareholder, DGP Co., Ltd., and an individual note holder. This move helps Exicure regain compliance with Nasdaq's minimum bid price requirement.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 8:45 pm