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Equity Actions

ABVC

ABVC BioPharma has announced the pricing of a $1.75 million registered direct offering of 500,000 shares at $3.50 per share.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 1:24 pm

SEMR

Semrush Holdings, Inc. (NYSE:SEMR) has announced two new AI-powered features for its Listing Management Tool. The features aim to help users respond to online reviews faster and find higher-quality keywords for their local business listings. The company has also advanced and expanded a number of its other tools using generative AI in 2023, including ContentShake, Kompyte GPT, and Purchase Conversion. Semrush has also enhanced its App Center offerings with new AI-backed apps.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 1:17 pm

CELU

Celularity Inc. (NASDAQ:CELU) has announced a registered direct offering of 8,571,428 shares and warrants at a price of $0.35 per unit, resulting in total gross proceeds of approximately $3 million. The warrants will be exercisable six months after issuance and will expire five years after the initial exercise date. The closing of the offering is expected to occur on July 31, 2023.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 1:12 pm

CUTR

Cutera, Inc. (NASDAQ:CUTR) has announced the appointment of Taylor Harris as its new CEO, effective from August 7, 2023. Harris, who has over 20 years of experience in the healthcare industry, will succeed Sheila Hopkins, the current Interim CEO. Harris previously served as the CFO of MyoKardia and ZELTIQ Aesthetics, and has been a member of Cutera's Board since June 2023.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 1:08 pm

VICI

Canyon Ranch, a wellness destination, has announced a growth partnership with VICI Properties, a real estate investment trust. The partnership aims to expand Canyon Ranch's wellness offerings across North America and beyond. VICI Properties will invest an additional $150M in the partnership, which will power the expansion of Canyon Ranch to new markets for both its Wellness Club and Destination Resort offerings. The first location to debut both offerings will be Texas, with the inaugural Wellness Club opening in Fort Worth this fall, a Houston location in 2024, and the Canyon Ranch Austin resort in 2025.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 1:05 pm

ASXC

Asensus Surgical, Inc. (NYSE:ASXC) has announced a registered direct offering of 23,809,524 shares and warrants at a price of $0.42 per unit. The offering is expected to close on July 31, 2023, and is expected to generate gross proceeds of $10 million. The funds will be used for general corporate purposes, including working capital and funding research and development activities.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 1:04 pm

OTRK

Ontrak has announced a 1-for-6 reverse stock split. This action is typically taken by companies to increase the market price of their shares.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:51 pm

SHMP

NaturalShrimp Incorporated (OTCQB:SHMP) has terminated its merger agreement with Yotta Acquisition Corporation due to Yotta's inability to meet certain financial conditions. NaturalShrimp is now in negotiations with another entity for a business combination merger and uplist, involving a Re-IPO and a new capital raise of between $10-$12M. The company plans to uplist by the end of September or beginning of October.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 12:41 pm

CLPS

CLPS Incorporation (NASDAQ:CLPS) has launched its AI-generated content (AIGC) solution, aimed at improving operational efficiency and reducing project and talent delivery costs. The AIGC solution uses large language model (LLM) and generative AI to oversee the entire project lifecycle. It also includes a new matching algorithm and communication mechanism for talent acquisition. The company plans to expand its services to financial management, customer acquisition, and other domains.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 12:40 pm

BLDP

CP

Ballard Power Systems (NASDAQ:BLDP) has received an order for additional fuel cell engines from Canadian Pacific Kansas City (CPKC, NYSE:CP). The eighteen 200 kW fuel cell engines, planned for delivery in 2023, will support the expansion of CPKC's Hydrogen Locomotive Program. Over the past two years, Ballard has supplied CPKC with 20 fuel cell engines for use in three different types of locomotives. The success of these trials has resulted in the significant expansion of the original hydrogen locomotive program.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 12:34 pm