Streetbeat News

Equity Actions

CLBT

Cellebrite DI Ltd. (NASDAQ:CLBT) has announced the redemption fair market value for its warrants, allowing holders to exercise for $0.10 per warrant or on a cashless basis for 0.342 ordinary shares per warrant before September 16, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 12:04 pm

BCDA

BioCardia has announced an upsized public offering of 2.4 million shares at a combined offering price of $3 per share, including accompanying warrants.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 12:01 pm

PBM

Psyence Biomedical has announced that its registration statement on Form F-1 for an equity line of credit of up to $25 million with White Lion Capital has been declared effective by the SEC. This development could provide Psyence Biomedical with significant financial resources.

Portfolio Pulse from Nabaparna Bhattacharya

August 30, 2024 | 11:05 am

JKS

Jinkosolar has repurchased a total of 5,596,739 American Depositary Shares (ADS) for approximately $134.5 million in the open market as part of its share repurchase program.

Portfolio Pulse from Nabaparna Bhattacharya

August 30, 2024 | 10:01 am

MNSO

MINISO Group Holding Limited has announced a HK$2 billion share repurchase program, approved by its board on August 30, 2024. The program allows the company to buy back its shares over the next 12 months, using surplus cash from its balance sheet.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 8:40 am

EKSO

Ekso Bionics has announced a $6 million underwritten public offering of 6 million units, each priced at $1.00, including common stock and dual warrants. The offering includes 3.1 million units and 2.9 million pre-funded units, with warrants expiring in one and five years.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 7:18 am

RR

Richtech Robotics has announced a $21 million public offering of approximately 15.6 million shares and warrants, priced at $1.35 each. The warrants are exercisable immediately and expire in five years. The company plans to use the proceeds for working capital, product development, and inventory procurement.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2024 | 7:12 am

FRO

JKS

MNSO

NVDA

The Dow Jones reached a new record close, while the Nasdaq fell due to a decline in Nvidia shares. Nvidia's stock dropped 6.4% despite strong earnings and a $50 billion stock repurchase plan, due to a contraction in gross margin. The CNN Money Fear and Greed index moved into the 'Greed' zone, indicating improved market sentiment.

Portfolio Pulse from Avi Kapoor

August 30, 2024 | 6:25 am

DOMO

Domo announced that David Jolley will step down as CFO due to personal health challenges, with Tod Crane being promoted to CFO. Jolley will transition out of the role at the end of Domo's third quarter and continue as a Senior Advisor.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 10:01 pm

WOK

WORK Medical Technology Group (NASDAQ:WOK) announced that its IPO underwriter partially exercised the over-allotment option, increasing total shares sold to 2,091,942 and gross proceeds to $8.37M. The funds will be used for production upgrades, product development, marketing, patent purchases, and working capital.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:41 pm