Streetbeat News

Equity Actions

CLNN

Clene Inc. (NASDAQ:CLNN) shares dropped 13.81% after announcing a $40 million public offering of 50,000,000 shares and accompanying warrants at a combined price of $0.80. The offering is set to close on June 21, and the proceeds will be used for general corporate purposes, clinical development of CNM-Au8®, R&D, and regulatory activities.

Portfolio Pulse from Henry Khederian

June 16, 2023 | 3:11 pm

MCK

Investor Business Daily's SwingTrader has purchased shares of McKesson Corporation (MCK), a healthcare supply chain management company.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 3:06 pm

AAPL

MSFT

NVDA

QQQ

SPY

TSLA

Market Clubhouse Morning Memo discusses trade strategies for SPY, QQQ, AAPL, TSLA, MSFT, and NVDA, providing price levels and potential breakouts or reversals. The memo highlights the Quadruple Witching session, which may cause increased market activity and volatility.

Portfolio Pulse from RIPS

June 16, 2023 | 2:27 pm

AUVI

Applied UV Inc (NASDAQ:AUVI) has priced its underwritten public offering of 5 million shares and pre-funded warrants at $1 per share, with a 45-day option for the underwriter to purchase up to 750,000 additional shares. The company plans to use the net proceeds for general corporate purposes, including new investments.

Portfolio Pulse from Shivani Kumaresan

June 16, 2023 | 2:22 pm

CLNN

Clene announced the pricing of a $40 million public offering, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 1:11 pm

AUVI

Applied UV announced the pricing of a $5 million underwritten public offering, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 1:07 pm

SHPW

Shapeways Holdings, Inc. (NYSE:SHPW) has announced a 1-for-8 reverse stock split to increase its per share market price and meet the NYSE's minimum $1.00 average closing price requirement. The split will be effective on June 22, 2023, and will reduce the number of outstanding shares from 50.9 million to 6.4 million.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 1:07 pm

PBLA

Panbela announced the pricing of an $8.5 million public offering, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 1:06 pm

AAWH

Ascend Wellness Holdings (OTCQX:AAWH) plans to raise $7 million through a private placement offering, selling 9.9 million shares of class A common stock at $0.71 per share. The proceeds will be used to pursue acquisitions in the cannabis industry.

Portfolio Pulse from Vuk Zdinjak

June 16, 2023 | 12:55 pm

AUVI

Applied UV (NASDAQ:AUVI) has priced its underwritten public offering of 5 million shares of common stock and pre-funded warrants at $1.00 per share, raising approximately $5 million. The company has also granted the underwriter a 45-day option to purchase up to 750,000 additional shares.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:46 pm