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Equity Actions

BBIO

BridgeBio Pharma has announced a private placement of approximately 9.2 million shares at a closing price of $27.27 per share. The gross proceeds from this placement are expected to be around $250 million.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 11:33 am

DNUT

Krispy Kreme has announced that Josh Charlesworth will take over as President and CEO from January 1, 2024. Charlesworth, who joined the company in 2017, most recently served as Krispy Kreme's Global President and Chief Operating Officer. Michael Tattersfield will remain on the Krispy Kreme Board and continue to be a significant investor in the company.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 11:32 am

AA

Alcoa Corporation (NYSE:AA) has announced that William F. Oplinger will succeed Roy C. Harvey as President and CEO, effective September 24, 2023. Harvey will serve as Strategic Advisor to the CEO until December 31, 2023. Oplinger has been with the company since 2016, serving in various executive roles.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 11:09 am

KKR

KKR has announced a monetization activity update, stating that it has earned gross realized carried interest and total realized investment income of over $475 million.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 10:54 am

FLR

Fluor Corporation has announced the full mandatory conversion of its Series A 6.50% Cumulative Perpetual Convertible Preferred Stock. Each holder of the preferred stock will receive 44.9585 shares and a cash payment of $45.23.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 10:52 am

GFL

GFL Environmental has amended its $729M senior secured term loan to reduce its borrowing rate to SOFR+250 basis points from the previous SOFR+300 basis points, plus 10 basis points CSA, resulting in a borrowing rate reduction of 60 basis points.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 10:50 am

HON

Honeywell has collaborated with ESS Tech to advance the development and market adoption of Iron Flow Battery Energy Storage Systems. As part of this collaboration, Honeywell has made an investment in ESS.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 10:33 am

AULT

Ault Alliance is planning a strategic corporate alignment that will focus on three central subsidiaries. The new structure is expected to streamline operations and improve efficiency.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 10:31 am

CI

Cigna Healthcare is investing $1 million in national and community-based organizations this fall to address food insecurity among older Americans.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 10:15 am

SLI

Standard Lithium Ltd. (NYSE:SLI) has announced an enhanced C-suite with Salah Gamoudi joining as Chief Financial Officer effective October 1, 2023. The move is part of the company's efforts to bolster its senior leadership as it prepares for a dynamic phase of growth. Current CFO Kara Norman will transition to the Chief Accounting Officer role.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 10:14 am