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Equity Actions

BRC

Brady Corporation's shares are trading higher following the announcement of better-than-expected Q4 adjusted EPS results and the authorization of an additional $100 million for share repurchase.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 12:10 pm

EAST

Eastside Distilling's shares are trading lower following the announcement of a $0.4 million registered direct offering of 442,042 shares at $1.00 per unit.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 11:35 am

PATH

UiPath shares rise as the company reports strong Q2 results, surpasses FY25 revenue guidance expectations, and expands its stock repurchase program by $500 million.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 11:27 am

BRC

Brady Corporation's Board of Directors has approved an additional $100 million for share repurchase, equating to about 1.5 million shares or 3% of outstanding shares at current prices.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2024 | 11:14 am

ZEPP

Zepp Health Corporation has announced a change in its American Depositary Shares (ADS) ratio from one ADS representing four Class A ordinary shares to one ADS representing sixteen Class A ordinary shares.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2024 | 11:12 am

RDCM

RADCOM's Executive Chairman, Heli (Rachel) Bennun, will step down on December 31, 2024. Sami Totah has been nominated as her successor, pending election at the next shareholder meeting.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 11:06 am

CREV

Carbon Revolution announced that OIC has released an additional $5M from a $35M escrowed facility, totaling $30M released so far. In return, Carbon Revolution issued a warrant to OIC for 2.5% of its outstanding shares.

Portfolio Pulse from Nabaparna Bhattacharya

September 06, 2024 | 10:37 am

POLE

Andretti Acquisition Corp. II has announced the pricing of its $200 million IPO, with 20 million units at $10 each. The Class A shares and warrants will trade on Nasdaq under the symbols 'POLE' and 'POLEW'. The offering is expected to close on September 9, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:18 am

AVB

AvalonBay Communities has priced a $710.4 million public offering of 3.2 million common shares. The company has entered into forward sale agreements with major financial institutions for these shares.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:15 am

ULS

UL Solutions has announced a secondary public offering of 20 million Class A common stock at $49 per share. The underwriters have a 30-day option to purchase an additional 3 million shares. UL Solutions will not receive any proceeds from this sale.

Portfolio Pulse from Benzinga Newsdesk

September 06, 2024 | 7:11 am