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Equity Actions

VIK

Viking Holdings shares declined following the announcement of a secondary public offering of 30 million shares by selling shareholders.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:17 pm

MKFG

Markforged has announced a 1-for-10 reverse stock split, which will consolidate every 10 shares into one share. This move is often used to increase the stock price and meet exchange listing requirements.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:16 pm

VIK

Viking has announced a secondary public offering of 30 million shares by selling shareholders. This move does not involve the issuance of new shares by the company itself.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:15 pm

ALLR

Allarity Therapeutics has increased its common stock offering from $30 million to $50 million, indicating a need for additional capital or confidence in investor demand.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:13 pm

KGS

Kodiak Gas Services has announced a public offering of 6,140,182 shares of common stock by a selling stockholder, valued at $25 million.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:10 pm

STEP

StepStone Group has announced an underwritten public offering of 4,099,997 shares of its Class A common stock. The offering is expected to close on October 6, 2023, subject to customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:08 pm

HIMS

Hims & Hers Health Inc. has filed for a mixed shelf offering with the SEC, though the size of the offering has not been disclosed. This move allows the company to raise capital by issuing various types of securities.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:04 pm

TERN

Terns Pharmaceuticals has announced a proposed public offering to raise $125 million. This move is likely aimed at funding its operations and advancing its drug development pipeline.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 8:02 pm

TGTX

TG Therapeutics shares rose after the announcement that the stock will join the S&P SmallCap 600 index.

Portfolio Pulse from Benzinga Newsdesk

September 09, 2024 | 7:06 pm

EGIO

RLAY

SINT

U.S. stocks rose with the S&P 500 gaining around 1%. Relay Therapeutics shares spiked 63% after positive interim data for its breast cancer treatment. Sintx Technologies shares surged 87% following a patent allowance. Edgio shares dropped 80% due to financial restructuring.

Portfolio Pulse from Avi Kapoor

September 09, 2024 | 6:16 pm