Streetbeat News

Equity Actions

MVIS

MicroVision's shares are trading lower after the company filed for a mixed shelf offering.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:30 pm

MVIS

Microvision Inc has filed for a mixed shelf offering with the SEC, but the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:19 pm

BEP

Brookfield Renewable Partners (BEP) announced plans to acquire Duke Energy Renewables for $1.05 billion in equity proceeds and a $650 million equity offering. Mizuho analyst Anthony Crowdell maintained a Neutral rating and raised the price target from $31 to $32.

Portfolio Pulse from Ryan Gustafson

June 13, 2023 | 8:19 pm

CNVS

Cineverse plans to offer and sell shares of its common stock and warrants in a public offering. The company will use the net proceeds for working capital, general corporate purposes, and financing content acquisition and development.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:18 pm

SR

Spire has commenced a public offering of its common stock with an offering price of $112 million as part of its existing 'at-the-market' offering program.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:16 pm

LFVN

LifeVantage has extended its stock repurchase program until December 31, 2026, and authorized a pre-arranged stock trading plan for repurchasing a limited number of shares under Rule 10b5-1 of the Securities Exchange Act of 1934.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:06 pm

RDNT

RadNet, Inc. (NASDAQ:RDNT) plans to offer and sell $175 million of common stock in an underwritten public offering, with a 30-day option for underwriters to purchase an additional $26.25 million shares. The company intends to use the proceeds to pay down $100 million of its first lien term loans and for working capital and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:04 pm

KURA

Kura Oncology has announced the commencement of a $100 million public offering of common stock and pre-funded warrants. This move aims to raise capital for the company's ongoing operations and development.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:03 pm

BOXL

Boxlight's board has approved a 1-for-8 reverse stock split of its Class A common stock, which is expected to begin trading on a reverse-split adjusted basis on June 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 8:01 pm

AUUD

Auddia Inc. (NASDAQ:AUUD) shares are trading lower after announcing a securities purchase agreement with institutional investors for 4,735,000 shares at $0.65 per share, raising approximately $3.1 million before fees and expenses. The offering is expected to close on June 15, 2023.

Portfolio Pulse from Ryan Gustafson

June 13, 2023 | 7:22 pm