Streetbeat News

Equity Actions

COSM

Cosmos Health Inc. (NASDAQ:COSM) has announced a registered direct offering and concurrent private placement, aiming to raise approximately $5.25 million. The offering includes the sale of over 2 million shares of common stock and warrants to purchase up to 1.93 million shares. The purchase price for one share and one warrant will be $2.48, with the warrants having an exercise price of $2.75. The proceeds will be used for working capital and general corporate purposes. The offering is expected to close on July 21, 2023.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 12:18 pm

NCPL

Netcapital has announced the pricing of a public offering, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:18 pm

VSEC

VSE Corporation has announced a public offering of common stock, leading to a decrease in its share price.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:17 pm

ELS

Equity LifeStyle Properties (ELS) shares are trading higher after the announcement that the company will join the S&P MidCap 400.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:10 pm

DRRX

DURECT Corporation has announced a $15 million registered direct offering priced at-the-market under Nasdaq rules.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:08 pm

GOSS

Gossamer Bio has announced a private placement of approximately $212M, issuing 129.8M shares and accompanying warrants to purchase up to 32.5M shares at $1.63125. The combined price for participating officers and directors is $1.85125.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:01 pm

AWI

Armstrong World Industries Inc (NYSE:AWI) has approved an additional $500 million authorization to repurchase shares under the company's existing share repurchase program, increasing the total authorized amount to $1.7 billion. The program is extended through December 31, 2026. The company also declared a cash dividend of $0.254 per share, payable on August 17, 2023. AWI shares closed higher by 1.20% at $74.25 on Wednesday.

Portfolio Pulse from Shivani Kumaresan

July 20, 2023 | 11:53 am

AWH

Aspira Women's Health has notified Cantor Fitzgerald about suspending its prospectus supplement, dated February 10, on an equity offering deal. The company will not make any sales of common stock under the sales agreement until a new prospectus supplement is filed with the SEC.

Portfolio Pulse from Charles Gross

July 20, 2023 | 11:41 am

MAN

ManpowerGroup (MAN) has provided its Q3 FY23 earnings per share (EPS) guidance, expecting it to be between $1.32 and $1.42, lower than the $1.55 estimate. The guidance includes an estimated favorable currency impact of 8 cents but excludes expected restructuring costs and Argentina-related non-cash currency translation losses.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 11:41 am

TSLA

Tesla CEO Elon Musk has stated that his new venture, xAI, will enhance the value of Tesla. Musk explained that xAI was created to attract top AI engineers and scientists who were hesitant to join a large established company like Tesla. The xAI team includes members from DeepMind, OpenAI, Google Research, Microsoft Research, Tesla, and the University of Toronto.

Portfolio Pulse from Anan Ashraf

July 20, 2023 | 11:35 am