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Equity Actions

RBT

Rubicon Technologies Inc has entered into a controlled equity offerings sales agreement with Cantor Fitzgerald & Co. Under this agreement, Rubicon may offer and sell shares of Class A Common of up to $50M from time to time through the sales agent.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:40 pm

NOC

Northrop Grumman Corporation (NYSE:NOC) has elected Robert Fleming as corporate vice president and president of the Space Systems sector, effective October 9, 2023. Fleming will succeed Tom Wilson, who is taking a new role in the company. Fleming has nearly 18 years of experience with Northrop Grumman, having led different businesses and functions across the company's sectors.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:36 pm

FFIE

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) has announced the appointment of Matthias Aydt as Global CEO, effective from September 29, 2023. The current Global CEO, Xuefeng Chen, will resume his prior position as FF China CEO and will also take a new role as FF's EVP of Global Industrialization. Aydt will focus on boosting FF 91 2.0 Futurist Alliance production and deliveries, while Chen will focus on the launch of the FF 91 2.0 Futurist Alliance in China and the next stage of developments.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:34 pm

NYAX

ONDS

Ondas Holdings Inc. (NASDAQ:ONDS) has promoted Yishay Curelaru to Chief Financial Officer (CFO), Treasurer and Secretary. Curelaru will continue to serve as CFO of Ondas' subsidiary, Airobotics LTD, and lead the financial management of the Ondas Autonomous Systems business unit. Curelaru has held CFO responsibilities at OAS since the acquisition of Airobotics in January 2023. He was previously CFO of On Track Innovations, a Nasdaq-listed company until it was acquired by Nayax Ltd. (NASDAQ:NYAX) in 2022.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:32 pm

FCX

A significant bearish stance has been taken on Freeport-McMoRan (NYSE:FCX) by a large investor or institution, as indicated by unusual options trading activity. The sentiment among these big-money traders is split, with 41% bullish and 58% bearish. The targeted price range for FCX over the last 3 months is $34.0 to $47.0. The current price of FCX is down -3.77% at $37.23. Morgan Stanley maintains an Equal-Weight rating on FCX with a price target of $44.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 8:31 pm

ZYME

Zymeworks' unit and Beigene have entered into a termination agreement for the license and collaboration agreement of Zanidatamab Zovodotin on September 18.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:30 pm

CMP

Compass Minerals International (CMP) has announced that KM&T Investment Holdings, LLC may offer and sell up to 7.03 million shares of the company's common stock, according to a SEC filing.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:29 pm

HLTH

Cue Health has adopted a limited-duration shareholder rights plan in response to rapid accumulation of shares by a third party. The plan is effective immediately and will expire on September 20, 2024. The rights will become exercisable if an entity, person, or group acquires beneficial ownership of 10% or more of Cue's outstanding common stock in a transaction not approved by the Board.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:24 pm

BUSE

First Busey Corp has filed for a mixed shelf offering, according to a SEC filing. The size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 21, 2023 | 8:21 pm

AMT

A significant bearish stance has been taken on American Tower (NYSE:AMT) with 93% of investors opening trades with bearish expectations. Of the total trades, 14 are puts amounting to $1,151,780 and 2 are calls amounting to $68,400. Whales have been targeting a price range from $155.0 to $220.0 for American Tower over the last 3 months. The price of AMT is down -4.56% at $169.32. Morgan Stanley maintains their Equal-Weight rating on American Tower with a price target of $212.

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 8:17 pm