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SHC

Sotera Health shares are trading higher following the announcement of a secondary offering of 25 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:15 pm

PMAX

Powell Max's IPO shares opened for trading at $4.30 per share, slightly above the IPO price of $4 per share. The company issued 1.43 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 3:11 pm

GM

LAC

Lithium Americas Corp and General Motors Co are facing delays in closing their $330 million Tranche 2 investment due to Lithium Americas' low share price, which could lead to high dilution. Both companies are seeking mutually beneficial solutions, with the decision-making process extended until year-end. The delay also impacts the timeline for a critical DOE loan for the Thacker Pass project, affecting GM's EV plans.

Portfolio Pulse from Surbhi Jain

September 05, 2024 | 2:12 pm

PMAX

Powell Max Limited, a financial communications services provider, has announced the pricing of its IPO, offering 1,426,750 Class A Ordinary Shares at $4 per share, aiming to raise $5.707 million. The shares will trade on NASDAQ under the symbol PMAX starting September 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 2:02 pm

CSWI

CSW Industrials has increased its public offering from 1 million to 1.1 million shares, priced at $285 per share, leading to a decline in its stock price.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:53 pm

PTHL

Pheton Holdings has announced the pricing of its $9 million Initial Public Offering (IPO), offering 2.25 million Class A ordinary shares at $4.00 per share.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:35 pm

SNEX

StoneX Group has authorized the repurchase of up to 1.5 million shares of its common stock for the fiscal year 2025. This move is likely to impact the company's stock price positively in the short term.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:31 pm

ASTS

AST SpaceMobile shares declined after the company filed a prospectus for the potential sale of up to $400 million in Class A common stock. The company does not intend to offer this stock in FY24.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:29 pm

ASTS

AST SpaceMobile has filed a prospectus for the potential offer and sale of up to $400 million of its Class A common stock. This move indicates the company's intention to raise capital, which could be used for various corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:27 pm

QLGN

Qualigen Therapeutics shares fell following the announcement of a $3.46 million public offering, involving 14,724,058 shares at $0.13 per share and pre-funded warrants.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 1:26 pm