Streetbeat News

Equity Actions

DMAC

DiaMedica Therapeutics has raised $37.5 million through a private placement, issuing 11.01 million common shares at $3.40 per share. The proceeds will be used to fund the development of DM199, including the ReMEDy2 clinical trial, and for general corporate purposes. The FDA has also lifted the clinical hold on the ReMEDy2 trial.

Portfolio Pulse from Nabaparna Bhattacharya

June 21, 2023 | 3:40 pm

MSGE

Madison Square Garden Entertainment Corp (NYSE:MSGE) shares are trading lower after the company announced a secondary offering of 5.25 million shares by Sphere Entertainment Group. MSG Entertainment plans to repurchase approximately $25 million worth of its shares directly from the selling stockholder.

Portfolio Pulse from Adam Eckert

June 21, 2023 | 3:35 pm

GREE

Greenidge Generation Holdings Inc (NASDAQ:GREE) shares are trading higher by 11.29% to $3.45 amid strength in the price of Bitcoin following BlackRock's Bitcoin ETF application. The cryptocurrency market is experiencing an upswing driven by favorable developments, including the introduction of EDX Markets, supported by Charles Schwab, Fidelity, and Citadel Securities.

Portfolio Pulse from Henry Khederian

June 21, 2023 | 3:28 pm

TBLT

ToughBuilt Industries announced the pricing of a $4.5 million public offering, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 3:16 pm

GENK

GEN Restaurant Group, Inc (NASDAQ:GENK) is set to IPO on June 22, offering shares at an expected price between $10.00 and $12.00 per share. The company has 32 company-owned restaurants across the US, offering traditional Korean and Korean-American food.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 3:00 pm

SXTP

60 Degrees Pharmaceuticals, Inc (NASDAQ:SXTP) is set to IPO on June 22, offering shares at an expected price between $4.30 and $6.30 per share. The company focuses on developing and commercializing new therapies for the prevention and treatment of infectious diseases.

Portfolio Pulse from Benzinga Insights

June 21, 2023 | 3:00 pm

AAPL

AMZN

GOOG

GOOGL

META

MSFT

NVDA

QQQ

SPY

TSLA

US tech stocks, led by AI-driven innovations, have fueled a strong market comeback in 2023, with the Nasdaq 100 Index rising 38.7% and the S&P 500 Index up 15%. The 'Magnificent Seven' tech giants contributed 76% of the Nasdaq's gains.

Portfolio Pulse from Piero Cingari

June 21, 2023 | 2:51 pm

TBLT

ToughBuilt Industries has priced a public offering of 10.97 million shares and warrants at $0.41 per share, expecting to raise $4.5 million in gross proceeds. The company plans to use the funds for general corporate purposes, including working capital. TBLT shares are trading lower by 47% at $0.2960.

Portfolio Pulse from Shivani Kumaresan

June 21, 2023 | 2:41 pm

MSGE

Madison Square Garden Entertainment (MSGE) shares are trading lower after the company announced a secondary offering of 5.25 million shares by selling stockholder Sphere Entertainment Group.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 2:24 pm

TBLT

ToughBuilt Industries has priced its 10,975,611 share offering at $0.41 per share.

Portfolio Pulse from Bill Haddad

June 21, 2023 | 1:19 pm