Streetbeat News

Equity Actions

JMSB

John Marshall Bancorp's board has authorized the extension of the company's stock repurchase program on August 15.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 8:21 pm

EMKR

EMCORE Corporation has announced a proposed public offering, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 8:21 pm

QSR

Restaurant Brands International Inc. (RBI) has announced that it has received an exchange notice from HL1 17 LP, an affiliate of 3G Capital Partners Ltd., to exchange 7,136,149 Class B exchangeable limited partnership units of RBI LP. RBI LP intends to satisfy this notice with the delivery of an equal number of common shares of RBI. The Selling Shareholder has also commenced an underwritten registered public offering of up to 7,136,149 common shares. The settlement of the forward sale agreement and the Exchange is expected to occur on or before September 5, 2023. RBI will not sell any common shares in the offering and will not receive any proceeds from the sale of the common shares.

Portfolio Pulse from Happy Mohamed

August 16, 2023 | 8:20 pm

KULR

KULR Technology Group has announced a proposed public offering of its common stock. The size and amount of the offering have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 8:16 pm

ASUR

Asure Software has announced a public offering, but the size and amount of the offering have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 8:14 pm

CREX

Creative Realities, Inc. (NASDAQ:CREX) announced its intention to offer and sell shares of its common stock in a public offering. The size and amount of the offering have not been disclosed. The company plans to use the net proceeds for general corporate purposes, including repayment of principal on the company's indebtedness, capital expenditures, and funding working capital needs. A.G.P./Alliance Global Partners is the sole placement agent for the offering.

Portfolio Pulse from Happy Mohamed

August 16, 2023 | 8:13 pm

AGAE

Allied Gaming & Entertainment (AGAE) has announced a strategic investment in mobile games developer Zhihe, acquiring 40% equity interests for $7M in cash. The deal will make AGAE the largest shareholder and give it a controlling interest in the board. The equity interests were indirectly held by Ourgame International Holdings Limited, a major stockholder of AGAE.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 8:09 pm

SPIR

Spire Global has appointed Leo Basola as its new Chief Financial Officer (CFO), succeeding Thomas Krywe. The change in leadership may impact the company's financial strategies and operations.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 8:07 pm

EMKR

EMCORE Corporation has announced a proposed public offering of its common stock. Additionally, the company plans to offer pre-funded warrants to certain investors to purchase shares of common stock.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2023 | 8:04 pm

CNBS

Emily Paxhia, the founding and managing partner of Poseidon Investment Management, spoke at the Benzinga Cannabis Capital Conference in Miami, discussing the misallocation of early hype-driven capital in the cannabis industry. She emphasized the importance of learning from past mistakes and investing in sustainable business practices. Tim Seymour, founder and CIO of Seymour Asset Management and portfolio manager of the Amplify Seymour Cannabis ETF (NYSE:CNBS), also participated in the conference.

Portfolio Pulse from Joana Scopel

August 16, 2023 | 8:03 pm