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Equity Actions

SPGC

Sacks Parente Golf Company (SPGC) has announced the pricing of its initial public offering (IPO) at $4 per share. The company aims to raise $12.8 million through the sale of 3.2 million common shares.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 12:08 pm

AKTX

Akari Therapeutics, Plc (NASDAQ:AKTX) has announced a change in the ratio of its American Depositary Shares (ADSs) to ordinary shares from 1:100 to 1:2000, effective from August 17, 2023. The change is aimed at regaining compliance with the Nasdaq minimum bid price requirement. Deutsche Bank will manage the exchange of current ADSs for new ones. No fractional new ADSs will be issued, instead, fractional entitlements will be sold and the proceeds distributed to the applicable ADS holders.

Portfolio Pulse from Happy Mohamed

August 15, 2023 | 12:07 pm

VTSI

VirTra has announced the appointment of Bob Ferris as Executive Chairman and John Givens as CEO, effective immediately. The company's stock symbol is VTSI.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 12:04 pm

GDNSF

Cannabis company Goodness Growth Holdings, Inc. reported Q2 2023 financial results with revenue of $19.2 million, up from $17.4 million in Q2 2022. The company has divested its New Mexico operations and is planning to divest its New York operations. However, it reported a net loss of $7.33 million, up from $6.18 million in the same quarter of the previous year. The company's shares closed 1.93% higher at $0.1315 per share.

Portfolio Pulse from Nina Zdinjak

August 15, 2023 | 11:40 am

IHS

IHS's Board of Directors has authorized a stock repurchase program for up to $50M, effective from August 15, 2023, through August 15, 2025.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 11:17 am

NVDA

UBS analyst Timothy Arcuri maintains a Buy rating on NVIDIA (NASDAQ:NVDA) and raises the price target from $475 to $540.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 11:03 am

BRT

The board of BRT Apartments has increased its share repurchase authorization by $6.75 million, bringing the total to $10 million.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 11:02 am

RSKD

Riskified Ltd. (NYSE:RSKD) has authorized the repurchase of up to $75M of the company's ordinary shares, subject to approval by the Tel Aviv District Court Economic Department. The repurchases are expected to be used to manage share dilution and to take advantage of attractive repurchase opportunities.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 10:57 am

JMIA

Jumia, an African e-commerce platform, has announced that it expects to continue its cost discipline to drive efficiencies throughout 2023. The company did not provide specific details on the strategies it plans to implement.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2023 | 10:50 am

NVDA

Nvidia Corp. (NASDAQ:NVDA) shares were higher in premarket trading following a 7% rally on Monday. The positive sentiment reflects optimism over the uptake of its high-performance chips for AI software and applications. Morgan Stanley analyst Joseph Moore issued an upbeat commentary on the company’s second-quarter results due on Aug. 23 and also the near-term outlook. Daniel Loeb’s Third Point took a new position in Nvidia in the second quarter.

Portfolio Pulse from Shanthi Rexaline

August 15, 2023 | 10:48 am