Streetbeat News

Equity Actions

CBAY

CymaBay Therapeutics has priced an upsized public offering of 12,551,080 common stocks at $17.13 per share and 583,771 pre-funded warrants at $17.1299 per underlying share, raising $225 million.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 6:57 am

OGS

ONE Gas has priced its public offering of 1.2 million common shares at approximately $88.80 million.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 6:39 am

NVX

An engineering study has revealed that NOVONIX's proprietary all-dry, zero-waste cathode synthesis process could lead to significant cost savings. The company's innovative approach to cathode production could potentially disrupt the battery industry.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 5:46 am

DDD

DKNG

HOOD

JD

RBLX

SHOP

SQ

Ark Invest, led by Cathie Wood, sold $14.9M worth of DraftKings Inc (DKNG) shares and bought $5.7M worth of Robinhood Markets Inc (HOOD) shares. Other trades included the purchase of Block Inc (SQ) and Roblox Corp (RBLX) shares, and the sale of JD.COM Inc (JD), Shopify Inc (SHOP), and 3D Systems Corp (DDD) shares.

Portfolio Pulse from Benzinga Neuro

September 12, 2023 | 3:24 am

DTSS

Datasea has commenced an underwritten public offering, with the intention to use the net proceeds for research and development, market development, and general corporate purposes. The terms of the offering have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 9:26 pm

AMZN

TSLA

Gordon Johnson, CEO at GLJ Research, has criticized Morgan Stanley's Adam Jonas for his optimistic analysis of Tesla, which includes an upgrade from Equal-Weight to Overweight with a $400 price target. Johnson, who has a $24 price target on Tesla, questioned the analysis due to Morgan Stanley's close ties with Tesla and Elon Musk. He also pointed out that Jonas's projections on Tesla's supercomputer, Dojo, are unverified and speculative. Tesla shares traded more than 10% higher on Monday.

Portfolio Pulse from AJ Fabino

September 11, 2023 | 9:08 pm

MMAT

Meta Materials has entered into a common stock purchase agreement with Lincoln Park Capital Fund. The agreement is for the purchase of $50 million of Meta Materials' shares.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 9:04 pm

LEV

Lion Electric has announced the appointment of Nicolas Brunet as its President. Richard Coulombe will take over the role of CFO. The changes in the executive team are expected to drive the company's growth and expansion plans.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 9:03 pm

EZGO

EZGO Technologies has announced the termination of a previously proposed registered direct offering. The company did not provide any reasons for the cancellation.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 9:01 pm

LAW

DISCO has announced that its co-founder Kiwi Camara is stepping down from his roles as CEO and board member. Scott Hill has been named as the interim CEO.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 8:48 pm