Streetbeat News

Equity Actions

SDOT

Sadot Group has filed with the SEC for a mixed shelf offering of up to $50 million. This move allows the company to offer various securities over time, providing flexibility in raising capital.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:40 pm

PMN

ProMIS Neurosciences Inc has filed for the resale of 56.5 million common shares by selling stockholders. This move could impact the stock's supply and demand dynamics.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:39 pm

AGFY

Agrify has entered into a purchase agreement and a registration rights agreement with Iconic Ventures, allowing Iconic to purchase up to $15 million of Agrify's common stock.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:37 pm

CTRE

CareTrust REIT has filed with the SEC for a common stock offering of up to $750 million. This move could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:28 pm

BNRG

Brenmiller Energy reported a significant improvement in its financial performance for the first half of 2024, with EPS improving from $(3.02) to $(0.45) year-over-year. The company saw a substantial increase in cash and cash equivalents due to successful fundraising efforts, leading to a 31% increase in total assets and a 127% rise in shareholders' equity. Operating and net losses narrowed significantly, driven by increased financial income.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:25 pm

NXPI

NXP Semiconductors has approved an additional $2 billion for its share repurchase program, adding to the $726 million remaining from the existing authorization. This move aligns with NXP's policy of returning excess cash flow to shareholders.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:22 pm

ALLR

Streeterville Capital LLC has reported a 14.7% stake in Allarity Therapeutics as of August 19, 2024, according to a 13G SEC filing.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 8:01 pm

AZUL

Azul is facing challenges due to the devaluation of the Brazilian Real, capacity reductions from floods, and supply chain issues in 2024. The company is negotiating to optimize its equity structure for better profitability and liquidity, exploring cash-raising options with Azul Cargo, and considering potential partnerships or business combinations with Abra.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 6:19 pm

AZUL

Azul has issued a clarification regarding a misleading Bloomberg article, emphasizing the challenges it faces in 2024 and its ongoing negotiations to optimize its equity structure.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 6:19 pm

AZUL

Azul SA shares hit a record low as the airline explores options to manage its debt, including an equity offering and a potential merger with Gol Linhas Aereas. Chapter 11 is considered a less preferred option. Citi is advising on a possible follow-on offering.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 5:41 pm