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Equity Actions

STKH

Steakholder Foods has announced a registered direct offering of 6 million shares at $1 per share, aiming to raise $6 million in capital.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 6:11 pm

ETHUSD

On Monday, 6,746.96 Ether (ETH) worth $12,546,447 was burned from Ethereum transactions. This follows the Ethereum blockchain's upgrade known as EIP-1159, which changed the fee model and burns a base fee from each transaction. Ethereum is currently issuing new Ether at a rate of 4% per year, expected to decrease to around 0.5-1% with the Ethereum 2.0 upgrade. The net annualized issuance rate for Ether yesterday was -8.65%.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 6:00 pm

DB

Deutsche Bank AG (NYSE:DB) has announced a share repurchase program of up to €450 million, set to start in August and complete by the end of 2023. The decision is subject to receiving all necessary supervisory approvals.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:46 pm

WRNT

Warrantee ADS has opened for trade with its IPO priced at $4 per ADS on 2.4 million ADS.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2023 | 5:41 pm

WRNT

Warrantee's IPO was indicated at $5 per ADS on 96K ADS, while the IPO was priced at $4 per ADS on 2.4M ADS.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 5:34 pm

WRNT

Warrantee Inc., a Japanese marketing and market research technology company, has announced the pricing of its initial public offering (IPO) of 2.4 million American Depositary Shares (ADSs) at $4.00 per ADS. The ADSs, which have been approved for listing on the Nasdaq Capital Market, are expected to start trading on July 25, 2023, under the ticker symbol 'WRNT'. The company expects to receive gross proceeds of $9.6 million from the offering.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 5:32 pm

INPX

Streeterville Capital LLC has acquired a 9.99% stake in Inpixon, according to a 13G filing with the SEC.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 5:28 pm

URI

United Rentals (NYSE:URI) has seen unusual options activity, with 70% of investors taking a bearish stance. Whales have been targeting a price range from $290.0 to $500.0 for United Rentals over the last 3 months. The price of URI is up 0.33% at $451.68. UBS, Keybanc, Goldman Sachs, and Citigroup have maintained their Buy or Overweight ratings on United Rentals, with price targets ranging from $500 to $527.

Portfolio Pulse from Benzinga Insights

July 25, 2023 | 5:16 pm

SNAP

A significant number of Snap Inc.'s $16 call options expiring on Friday were purchased near the ask price. The volume of these options was 1315, compared to an open interest of 5369. The reference price was $12.46.

Portfolio Pulse from Charles Gross

July 25, 2023 | 5:14 pm

BNTC

Benitec Biopharma Inc. (NASDAQ:BNTC) has announced a 1-for-17 reverse stock split of its common stock, effective July 26, 2023. The move is primarily intended to bring the company into compliance with the $1.00 minimum bid price requirement for maintaining its listing on Nasdaq. The reverse stock split will not change the par value of the common stock nor the authorized number of shares of common stock.

Portfolio Pulse from Happy Mohamed

July 25, 2023 | 5:04 pm