Streetbeat News

Equity Actions

EZGO

EZGO Technologies plans to raise $8.5 million through a registered direct offering, issuing 10 million units at $0.85 per unit.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 10:05 am

EDU

New Oriental Education & Technology (EDU) has extended its share repurchase program launched in July 2022 through May 31, 2024. As of May 31, 2023, the company had repurchased $191 million worth of its ADSs, with a balance of $209 million remaining.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2023 | 9:08 am

BGXX

Bright Green has filed a preliminary prospectus for an offering of up to 7.4 million shares of common stock by a selling securityholder.

Portfolio Pulse from Charles Gross

June 05, 2023 | 9:33 pm

BJDX

Bluejay Diagnostics has filed for a mixed shelf offering of up to $25 million.

Portfolio Pulse from Charles Gross

June 05, 2023 | 9:32 pm

RHP

Ryman Hospitality Properties plans to offer 3.50 million shares of common stock to fund a portion of the $800 million purchase price for the acquisition of JW Marriott San Antonio Hill Country Resort & Spa.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 9:31 pm

VIEW

View announces plans for a reverse stock split to ensure full compliance with Nasdaq listing rules. The company will seek stockholder approval at its 2023 annual meeting, with potential split ratios ranging from 40-for-1 to 60-for-1.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 9:19 pm

CGC

NDVAF

S&P Dow Jones Indices announced the removal of Canopy Growth Corporation (NASDAQ:CGC) from the S&P/TSX Composite Index, effective June 19. Canopy's shares have significantly dropped in value over the past two years. Despite struggles, Canopy recently acquired a nearly 20% stake in Canadian cannabis edibles company Indiva Limited (OTCPK: NDVAF).

Portfolio Pulse from Nicolás Jose Rodriguez

June 05, 2023 | 9:05 pm

SKWD

Westaim Corporation is offering 3.85 million shares of Skyward Specialty Insurance's common stock in a public offering. Other stockholders have granted underwriters a 30-day option to purchase up to an additional 577,500 shares.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 9:02 pm

CLS

Celestica announced that its controlling shareholder, Onex Corporation, plans to sell 12,000,000 subordinate voting shares, which will be issued upon conversion of Celestica's multiple voting shares into SVS. Celestica is not selling any shares and will not receive any proceeds from the offering.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2023 | 8:48 pm

CRH

MLM

VMC

Dublin-based construction supply company CRH plc is undervalued compared to its rivals Martin Marietta Materials (NYSE:MLM) and Vulcan Materials (NYSE:VMC), according to Street Sheet. CRH is expected to benefit from $2 trillion in spending from recent US government initiatives, and its primary stock market listing is moving to the US.

Portfolio Pulse from Anthony Noto

June 05, 2023 | 8:41 pm