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Equity Actions

AWH

Aspira Women's Health has announced a registered direct offering of 1,694,820 shares of the company's common stock at $2.75/share and $3.98/share to the directors and officers of the company, raising $4.7M.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:43 pm

SGBX

Safe & Green Holdings Corp. (NASDAQ:SGBX) has provided an update on the planned spinoff of Safe & Green Development Corp (SG DevCo) to become a standalone company listed on Nasdaq. The company plans to distribute 30% of SG DevCo to its current shareholders, with Safe & Green Holdings retaining 70%. The fair market value of SG DevCo is valued at $74 million. The company is awaiting final review and approval of the transaction by Nasdaq.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 12:39 pm

BMI

Badger Meter (NYSE:BMI) expects to face tougher comparisons in the second half of the year due to macroeconomic uncertainty. However, the company is well-positioned to sustain its pattern of profitable growth due to its innovative offerings and end market resiliency. It also expects benefits from stabilizing supply chain and inflation dynamics for the rest of the year.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:38 pm

DRRX

DURECT Corporation has announced a $15 million registered direct offering priced at-the-market under Nasdaq rules, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:22 pm

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