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Equity Actions

PUBM

PubMatic, a digital advertising technology company, has announced the availability of its newest offering, Activate, in the Asia-Pacific region. This expansion is expected to provide new growth opportunities for the company.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 5:27 am

ARKG

BEAM

NVDA

RXRX

SLGC

Ark Invest, led by Cathie Wood, sold nearly $4 million worth of NVIDIA Corp shares, aligning with Wood's previous comments about the tech giant being expensive. The sale was made through the ARK Genomic Revolution ETF. Ark Invest also purchased shares of SomaLogic Inc, Recursion Pharmaceuticals, and Beam Therapeutics Inc.

Portfolio Pulse from Benzinga Neuro

October 03, 2023 | 2:07 am

VEXTF

Vext Science, Inc. (OTCQX:VEXTF) plans to acquire two cannabis dispensaries in Ohio from Big Perm's Dispensary Ohio, LLC for approximately $9.8 million. The company is also raising up to $10 million through a private placement of common shares to support its expansion. This comes ahead of the potential legalization of recreational cannabis in Ohio in November 2023.

Portfolio Pulse from Joana Scopel

October 02, 2023 | 10:10 pm

AHG

Akso Health Group has entered into a securities purchase agreement with non-U.S. persons to sell approximately 35.7 million units, with net proceeds of around $14 million.

Portfolio Pulse from Charles Gross

October 02, 2023 | 9:28 pm

GAIA

Gaia Inc. plans to offer shares of its Class A common stock in a public offering. The company also intends to grant the underwriter a 30-day option to purchase up to an additional 15% of the number of shares of its Class A common stock in the underwritten public offering. The terms of the offering have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 9:15 pm

SPRU

Spruce Power's stockholders have approved a 1-for-8 reverse stock split of its common stock. The split-adjusted trading is expected to begin on October 9, 2023. The reverse split, previously approved by the company's Board of Directors, aims to help Spruce comply with the NYSE's continued listing requirements.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 9:11 pm

ATHX

Athersys has announced that current director Jane Wasman will become the Board Chair, effective from September 28, 2023.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 9:07 pm

SQNS

Sequans Communications has entered into a securities purchase agreement with 272 Capital Master Fund. Under the agreement, Sequans will issue an aggregate of 2.1 million American Depositary Shares (ADSs) at $2.83 per ADS.

Portfolio Pulse from Charles Gross

October 02, 2023 | 9:02 pm

PIXY

ShiftPixy, Inc. (NASDAQ:PIXY) shares surged on Monday following the company's announcement of a delay in its reverse stock split effective date. The split, originally scheduled for Sept. 30, has been postponed to Oct. 14, with trading on a post-reverse split basis expected to begin on Oct. 16. Following the announcement, ShiftPixy's shares rose approximately 150% on Monday, closing up 88.2% at $1.53.

Portfolio Pulse from Ryan Gustafson

October 02, 2023 | 8:54 pm

VMW

VMware Inc.'s (NYSE:VMW) stock price is currently at $166.36, after a 0.07% decrease. However, over the past month, the stock increased by 1.49%, and in the past year, by 47.35%. The company's P/E ratio of 50.14 is lower than the Software industry average of 66.81, which could indicate that the stock is undervalued or that shareholders do not expect future growth.

Portfolio Pulse from Benzinga Insights

October 02, 2023 | 8:45 pm