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GE

GEHC

GE Healthcare Technologies has priced an upsized secondary offering of 15 million common shares at $86 per share. GE HealthCare will not receive any proceeds from this offering. GE Aerospace plans to exchange these shares for its debt held by Morgan Stanley affiliates, who will then sell the shares.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:40 am

CNTA

Centessa Pharmaceuticals has announced an upsized public offering of 15,254,237 American Depositary Shares (ADS) at $14.75 per ADS, expected to raise approximately $225 million. The offering is set to close around September 16, 2024, with an option for underwriters to purchase additional shares.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 6:32 am

ZBIO

Zenas BioPharma has announced the pricing of its upsized $225 million Initial Public Offering (IPO) with 13,235,294 common shares at $17 each. The company's stock will trade on the Nasdaq under the ticker 'ZBIO' starting September 13, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 5:47 am

LRFC

Logan Ridge Finance Corporation has exited its largest equity investment in Nth Degree Investment Group, LLC. This move could impact Logan Ridge's financials and investment strategy.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 9:54 pm

GDEV

GDEV plans to offer and sell 1.757 million ordinary shares held in treasury through an at-the-market offering. This move could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 9:08 pm

GE

GEHC

GE HealthCare Technologies announced a secondary public offering of 10 million shares of its common stock. GE HealthCare is not selling any shares and will not receive proceeds. GE Aerospace will exchange shares for debt with Morgan Stanley affiliates.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 9:06 pm

MDU

MDU Resources is planning to spin off Everus Construction into an independent, publicly traded company under the ticker 'ECG' by late 2024.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:36 pm

X

United States Steel (NYSE:X) has seen unusual options activity, with significant interest from investors. The options activity is split between bullish and bearish sentiments, with a notable price range expectation of $25 to $50. The stock price has risen by 4.04% to $34.74, and analysts have set target prices ranging from $38 to $49.

Portfolio Pulse from Benzinga Insights

September 12, 2024 | 8:35 pm

LKCO

Luokung Technology Corp. plans to implement an 8-to-1 share combination, which is a reverse stock split. This move is likely aimed at increasing the stock price to meet listing requirements or improve market perception.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:16 pm

SMWB

Similarweb's stock is declining following the announcement of a secondary offering of 3.5 million shares by a selling shareholder.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 8:06 pm