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Equity Actions

SCNI

Scinai Immunotherapeutics has entered into a $2 million investment commitment agreement with RK Stone Miami. This agreement allows Scinai to sell American Depositary Shares (ADS) at its discretion through December 2024.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:31 pm

VMAR

Vision Marine Technologies has approved a 15-for-1 reverse stock split and a warrant exchange. This corporate action is aimed at consolidating shares and potentially increasing the stock price.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 1:10 pm

EZFL

EzFill Holdings has converted $13.5 million of its debt into equity and received an additional $1.4 million investment from NextNRG. This move is likely to improve the company's financial stability and reduce its debt burden.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:46 pm

DPRO

Draganfly shares fell after announcing a $2 million direct offering of 16.6 million units at $0.12 per share.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:45 pm

GOVX

GeoVax Labs shares declined following the announcement of an $8.5 million securities purchase agreement with an institutional investor, involving the sale of 17 million shares at $5.00 each.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:15 pm

DPRO

Draganfly Inc. has announced a securities purchase agreement with a single institutional investor for 16.6 million units at $0.12 each, raising approximately $2 million. The units include common shares and warrants, with Maxim Group LLC as the sole placement agent.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 12:08 pm

GOVX

GeoVax has entered into a securities purchase agreement with an institutional investor for the sale of 1.7 million shares at $5 per share in a registered direct offering.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 11:46 am

VIPS

Vipshop Holdings Limited (NYSE:VIPS) reported a 3.6% decline in Q2 sales, slightly above Wall Street expectations. Despite a rise in gross margin and profit, the stock fell due to a weak economic outlook and a projected revenue decline for Q3. The company announced a $1 billion share buyback program.

Portfolio Pulse from Anusuya Lahiri

August 20, 2024 | 10:58 am

HOVR

New Horizon Aircraft has announced a public offering of 2.8 million shares, along with warrants to purchase an additional 2.8 million shares. Additionally, pre-funded warrants to purchase up to 3 million shares and accompanying warrants are being offered, all at a combined price of $0.50.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 10:05 am

KYMR

Kymera Therapeutics has raised $225 million through an upsized public stock offering to advance its pipeline of preclinical and clinical degrader programs. The offering includes common stock and pre-funded warrants, with shares priced at $40.75 each. The funds will be used for pipeline advancement, working capital, and potential acquisitions.

Portfolio Pulse from Benzinga Newsdesk

August 20, 2024 | 6:46 am