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Equity Actions

ALVR

AlloVir has priced its underwritten public offering of 20 million shares at $3.75 per share, expecting to raise $75 million in gross proceeds. The offering is set to close on June 26, 2023, with J.P. Morgan, Morgan Stanley, and BofA Securities as joint book-running managers.

Portfolio Pulse from Charles Gross

June 22, 2023 | 1:23 am

TD

The Toronto-Dominion Bank (TD) has received regulatory approval from the TSX and OSFI to repurchase up to 30 million of its common shares for cancellation under a normal course issuer bid. The bid will commence on June 26, 2023, and end on June 25, 2024.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 11:26 pm

IGMS

IGM Biosciences plans to offer and sell an aggregate of $100 million of shares of its common stock.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 9:19 pm

ACB

CGC

HITI

OGI

Organigram Holdings (NASDAQ:OGI) plans to consolidate its shares on a 4-to-1 basis to maintain its NASDAQ listing, reduce volatility, and attract institutional investors. The company faces potential delisting due to falling below NASDAQ's minimum bid price requirement.

Portfolio Pulse from Nicolás Jose Rodriguez

June 21, 2023 | 9:04 pm

ALVR

AlloVir Inc (NASDAQ:ALVR) shares are trading lower after the company proposed a public offering of $75 million worth of its common stock, with a 30-day option for underwriters to purchase up to an additional 15% of shares.

Portfolio Pulse from Adam Eckert

June 21, 2023 | 9:01 pm

DOMA

Doma Holdings, Inc. (NYSE:DOMA) has announced a 1-for-25 reverse stock split, effective June 29, 2023. The split will not alter any stockholder's percentage interest in the company's outstanding common stock, except for adjustments resulting from fractional shares treatment.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 8:17 pm

MFIN

Medallion Financial Corp has filed for a mixed shelf offering of up to $100 million, according to a recent SEC filing.

Portfolio Pulse from Happy Mohamed

June 21, 2023 | 8:15 pm

LRMR

Larimar Therapeutics (LRMR) is set to join the Russell 3000 Index, which could lead to increased visibility and trading volume for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 8:06 pm

LOGI

Logitech's board of directors has approved a new $1 billion share buyback program.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 8:05 pm

AEVA

Sylebra Capital has opened discussions with Aeva Technologies Inc's financial advisors, Oppenheimer & Co, on June 13. The discussions include proposals for the right to nominate two directors to Aeva's board and make additional investments in the company's common stock.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 8:03 pm