Streetbeat News

Equity Actions

VIK

Viking has priced a secondary offering of 30 million common shares at $31 per share. The company is not offering any ordinary shares and will not receive proceeds from this offering.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 7:23 am

SYRA

Syra Health Corp. has announced a $2.1 million public offering, pricing shares and warrants at $0.64 each. The offering includes 3,203,125 shares of Class A common stock and Series A and B warrants.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 7:13 am

NNAG

99 Acquisition Group, Inc. (NASDAQ:NNAG) will dissolve and liquidate, redeeming public shares at $10.55 each, due to the inability to complete a business combination with Nava Health MD, Inc.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 7:03 am

OWLT

Owlet has priced a public offering of 3,135,136 shares at $3.70 each and completed debt refinancing, expecting total proceeds of up to $46.6 million. The company anticipates $11.6 million from the public offering and up to $35 million from debt refinancing.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 7:00 am

LOVE

Lovesac (NASDAQ:LOVE) is set to release its Q2 earnings on Sept. 12, with analysts expecting a loss of 44 cents per share. The company recently extended its credit facility and authorized a $40 million share repurchase. Analysts have mixed ratings, with price targets ranging from $32 to $36.

Portfolio Pulse from Avi Kapoor

September 12, 2024 | 6:56 am

VRDN

Viridian Therapeutics has announced a $225 million upsized public offering, selling 10,666,600 common shares at $18.75 each and 20,000 Series B non-voting convertible preferred shares at $1,250.06250 each. The preferred shares can convert into 1,333,400 common shares. Underwriters have a 30-day option to purchase an additional 1,800,000 common shares.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 6:53 am

OWLT

Owlet plans a public offering of its Class A common stock, with an option for underwriters to purchase an additional 15%. Proceeds will be used for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 9:24 pm

VNOM

Viper Energy is launching a public offering of 8.50 million shares of its Class A common stock, with an option for underwriters to purchase an additional 1.275 million shares. The proceeds will help fund a pending acquisition of subsidiaries from Tumbleweed Royalty IV, LLC.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 8:39 pm

VNOM

Viper Energy Inc has filed for an offering of Class A common stock, though the size of the offering has not been disclosed. This move could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 8:32 pm

WRB

W. R. Berkley Corporation (NYSE:WRB) has announced a special cash dividend of $0.25 per share and a regular quarterly dividend of $0.08 per share, both to be paid on September 30, 2024. These dividends reflect a recent 3-for-2 stock split.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 8:31 pm