Streetbeat News

Equity Actions

EGLE

Eagle Bulk Shipping has repurchased approximately 3.8 million shares of its common stock from Oaktree Capital Management, representing Oaktree's entire 28% ownership in the company, for an aggregate purchase price of $219.3 million.

Portfolio Pulse from Charles Gross

June 22, 2023 | 9:35 pm

SKLZ

Skillz has announced a 1-for-20 reverse stock split, effective June 23, 2023, to return to compliance with the New York Stock Exchange continued listing standards. The split was authorized by Skillz stockholders at the Annual Meeting of Stockholders on June 20, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 9:01 pm

SPCE

Virgin Galactic Holdings plans to offer shares of common stock with an offering price of up to $400 million from time to time.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:46 pm

TFIN

TriumphPay has announced a strategic relationship with Trax Group, Inc., with TBK Bank making a $9.7 million minority investment in Trax. Trax will integrate with the TriumphPay payments network, enhancing its transportation spend management platform. Josh Bouk, former president of Trax, will join TriumphPay as executive vice president, chief partnership officer.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:43 pm

CVRX

CVRx, a medical device company, is set to join the Russell 2000 and 3000 indexes, which could lead to increased visibility and demand for its stock.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:32 pm

CHMG

Chemung Financial Corp has filed for a mixed shelf offering of up to $75 million, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:20 pm

BDRX

Biodexa Pharmaceuticals (NASDAQ:BDRX) announces a ratio change on its American Depositary Receipts (ADR) from 1 ADR representing 5 ordinary shares to 1 ADR representing 400 ordinary shares, effective July 5, 2023. This change will have the same effect as a one-for-eighty reverse ADR split.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:19 pm

SHPW

Shapeways Holdings, Inc. (NYSE:SHPW) has announced a 1-for-8 reverse stock split effective at 4:01 p.m. Eastern Time on June 22, 2023. The primary goal is to increase the per share market price to meet the minimum $1.00 average closing price requirement for continued listing on the NYSE.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:16 pm

SMSI

Smith Micro Software Inc (SMSI) has filed for a shelf offering of up to 17.1 million shares of common stock by selling stockholders, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:15 pm

CDXC

ChromaDex Corp has filed for a mixed shelf offering of up to $125 million.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:14 pm