Streetbeat News

Equity Actions

BA

A significant amount of unusual options activity has been detected for Boeing (NYSE:BA), with a majority of investors taking a bearish stance. The targeted price range for Boeing over the last 3 months has been between $185.0 to $250.0. RBC Capital and Bernstein have downgraded their actions on Boeing with price targets of $220 and $252 respectively. The next earnings are expected to be released in 29 days.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 4:17 pm

BETZ

BJK

IBET

Betr, a sports betting company, has announced that its major existing investors, including FinSight Ventures, Florida Funders, and Aliya Capital Partners, have invested significantly beyond their pro rata.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 4:17 pm

BETZ

BJK

IBET

Betr, a sports betting platform, announced that both co-founders, Joey Levy and Jake Paul, participated in the funding round. Levy made a personal investment, while Paul invested through Anti Fund.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 4:16 pm

BETZ

BJK

IBET

Betr, a sports betting platform, has raised $35M in a Series A2 funding round at a pre-money valuation of $300M. The round was led by Roger Ehrenberg via IA Sports Ventures and Eberg Capital, and Fuel Venture Capital. Fuel Venture Capital has increased its total investment in Betr from $10M to $20M.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 4:15 pm

FUNFF

Sports betting company Betr has raised $35 million in a new funding round, bringing its pre-money valuation to $300 million. The round was led by Roger Ehrenberg via IA Sports Ventures and Eberg Capital and Fuel Venture Capital, which increased its investment in the company to $20 million. Betr co-founders Joey Levy and Jake Paul also invested in the round. The funds will be used to continue the growth of Betr Gaming and Betr Media divisions.

Portfolio Pulse from Chris Katje

June 27, 2023 | 4:15 pm

GENK

GEN Restaurant Group, Inc (NASDAQ:GENK) is set to IPO on June 28, offering shares at an expected price between $10.00 and $12.00 per share. The company has 32 company-owned restaurants in the US, offering traditional Korean and Korean-American food.

Portfolio Pulse from Benzinga Insights

June 27, 2023 | 3:00 pm

AUMN

Golden Minerals Co (AUMN) shares are down 15.26% after announcing a $2.1 million registered direct offering. The company will sell 1,427,587 common stock shares at $1.45 per share and issue unregistered warrants for the purchase of up to 1,427,587 common stock shares at $1.90 per share.

Portfolio Pulse from Henry Khederian

June 27, 2023 | 2:17 pm

SYTA

Siyata Mobile Inc (SYTA) stock is down 40% after the company priced a 50 million share offering at $0.045 per share, expecting to raise approximately $2.25 million in gross proceeds. The offering is set to close on June 28.

Portfolio Pulse from Henry Khederian

June 27, 2023 | 2:16 pm

LCID

Lucid Group shares are trading higher after the Saudi Public Investment Fund increased its stake in the company.

Portfolio Pulse from Bill Haddad

June 27, 2023 | 1:54 pm

ISPR

Ispire Technology Inc (NASDAQ:ISPR) raised approximately $8 million in a private placement of common stock, issuing over 1.1 million shares at $7.13 per share. The company plans to use the net proceeds of $7.5 million for general corporate purposes, including manufacturing operations development in Vietnam and California, R&D activities, and marketing and promotion.

Portfolio Pulse from Adam Eckert

June 27, 2023 | 1:38 pm