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Equity Actions

LAUR

Laureate Education's stock is rising following the announcement of a $100 million stock repurchase program.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 2:10 pm

UTME

UTime shares fell following the announcement of a $5 million registered direct offering, selling 7,692,308 shares at $0.65 each.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 1:58 pm

INMB

Inmune Bio shares fell following the announcement of a $13 million registered direct offering of 2,341,260 shares.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 1:56 pm

TNON

Tenon Medical (NASDAQ:TNON) shares surged 180% to $12.30 after announcing a $4.5 million public offering of 1.22 million shares and warrants. The offering price is $3.68 per share, with warrants exercisable at $3.55 per share for five years. Proceeds will fund commercial activities and general purposes.

Portfolio Pulse from Henry Khederian

September 13, 2024 | 1:28 pm

UTME

UTime Limited has announced a $5 million registered direct offering, selling 7,692,308 shares at $0.65 per share.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 1:01 pm

GHC

Graham Holdings Company has authorized the repurchase of up to 500,000 shares of its Class B common stock, with no ceiling price or time limit specified.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 12:58 pm

SMWB

Similarweb Ltd. announced a secondary offering of 3.5 million shares at $7.85 each, totaling $27.475 million. The offering is by a selling shareholder, and Similarweb will not receive any proceeds. The offering is expected to close on September 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 12:33 pm

INMB

INmune Bio Inc. (NASDAQ:INMB) announced a $13M registered direct offering involving the sale of common stock and warrants to institutional investors and insiders. The proceeds will be used for working capital and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 12:30 pm

J

Jacobs Solutions is set to spin off its Critical Mission Solutions and Cyber & Intelligence government services businesses, merging them with Amentum Holdings, Inc. The record date is September 23, 2024, and the distribution date is September 27, 2024. This move will create a new publicly traded company, Amentum Holdings, Inc., listed on the NYSE.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 12:12 pm

IVDA

IVDAW

Iveda Solutions, Inc. (NASDAQ:IVDA) announced a 1-for-8 reverse stock split effective September 17, 2024, reducing its common stock from 37.5M to 4.6875M shares. The stock purchase warrants (NASDAQ:IVDAW) will be adjusted accordingly, with a revised purchase price of $34.00 per share.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 12:08 pm