Streetbeat News

Equity Actions

FAMI

Farmmi, Inc. (NASDAQ:FAMI) announced a $1M registered direct offering, selling 3,433,167 ordinary shares and Series A warrants to institutional investors. The offering price is $0.30 per share and warrant, with warrants exercisable at $0.75. The offering is expected to close by August 26, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 12:30 pm

JTAI

Jet.AI Inc. (NASDAQ:JTAI) announced amendments to its warrant agreements, leading to a mandatory exchange of outstanding warrants for shares of common stock at a reduced rate. This will result in the issuance of approximately 2.4 million shares, increasing the total outstanding shares to about 27.1 million. All warrants will be delisted post-exchange.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 12:17 pm

WDAY

Workday shares rose following strong Q2 results and a new $1 billion share buyback program. Several firms also increased their price targets for the stock.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:31 am

ASA

ASA Gold has adopted a limited-duration shareholder rights plan in response to Saba Capital Management's significant accumulation of ASA shares and a proxy contest to gain board control. The plan is effective until December 20, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 11:28 am

BILL

Bill Holdings, Inc. (NYSE:BILL) reported better-than-expected Q4 results, with a smaller-than-expected loss and revenue growth. The company announced a $300 million share buyback program and provided a fiscal year 2025 outlook with lower-than-expected earnings but higher revenue estimates.

Portfolio Pulse from Erica Kollmann

August 22, 2024 | 9:14 pm

IBTA

Ibotta has announced a share repurchase program for up to $100 million of its Class A common stock. This move is likely aimed at boosting shareholder value and confidence.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:56 pm

WDAY

Workday Inc (NASDAQ:WDAY) reported Q2 earnings with revenue of $2.08 billion and adjusted earnings of $1.75 per share, both beating estimates. The company has a strong subscription revenue backlog and announced a $1 billion share repurchase program. Despite positive results, shares fell 6.53% in after-hours trading.

Portfolio Pulse from Adam Eckert

August 22, 2024 | 8:53 pm

INTU

Intuit's shares rose following strong Q4 results, FY25 EPS guidance above estimates, and a new $3 billion share repurchase authorization.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:24 pm

UMAC

Unusual Machines, Inc. (NYSE:UMAC) has entered into exchange agreements to convert $1M of its debt into Series C preferred shares, reducing its total debt from $4M to $3M. The new convertible notes have a lower interest rate and optional conversion features.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:15 pm

ZEAL

Zealand Pharma has increased its share capital by DKK 13,000 through the exercise of employee warrants, resulting in the issuance of 13,000 new shares.

Portfolio Pulse from Benzinga Newsdesk

August 22, 2024 | 8:13 pm