Streetbeat News

Equity Actions

AUMN

Golden Minerals (NYSE:AUMN, TSX:AUMN) announces a $2.1M registered direct offering for the purchase and sale of 1,427,587 shares of common stock at $1.45 per share. The company will also issue unregistered warrants to purchase up to 1,427,587 shares of common stock with an exercise price of $1.90 per share. The offering is expected to close on June 29, 2023.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:10 pm

IMO

Imperial Oil has received final acceptance from the TSX for a normal course issuer bid to repurchase up to 5% of its 584,152,718 outstanding common shares as of June 15, 2023.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:08 pm

MBOT

Microbot Medical announces a $2M registered direct offering priced at-the-market under Nasdaq rules.

Portfolio Pulse from Bill Haddad

June 27, 2023 | 12:06 pm

ENOB

Enochian Biosciences (ENOB) entered into a purchase agreement with Lincoln Park Capital, allowing it to sell up to $20 million of common stock to Lincoln Park.

Portfolio Pulse from Charles Gross

June 27, 2023 | 10:08 am

IMMP

Immutep Limited has successfully completed its underwritten retail entitlement offer, raising approximately $80 million. The retail component of the entitlement offer allowed eligible retail shareholders to subscribe for 1 new share for every 7.6 existing shares at a price of A$0.26 per new share.

Portfolio Pulse from Charles Gross

June 27, 2023 | 9:15 am

BRKA

BYDDF

BYDDY

TSLA

Berkshire Hathaway has been reducing its stake in Chinese EV maker BYD, with the latest sale involving around 2.53 million Hong Kong-listed shares valued at $86.3 million. This has led to speculation of a divergence in investment strategies between Warren Buffett and Charlie Munger. BYD's sales figures show strong performance, with a 98% YoY increase in new energy vehicle sales.

Portfolio Pulse from Shanthi Rexaline

June 27, 2023 | 8:31 am

AMD

TSLA

TSM

ARK Investment Management, led by Cathie Wood, bought over $3.8 million in chip stocks, including Advanced Micro Devices (AMD) and Taiwan Semiconductor (TSM), amid recent market correction. Meanwhile, ARK sold over 8,200 shares of Tesla (TSLA) after Goldman Sachs downgraded the stock.

Portfolio Pulse from Bhavik Nair

June 27, 2023 | 1:18 am

NXT

Nextracker has announced the launch of an offering of 14,210,511 shares of Class A common stock by the company and 2,289,489 shares offered by stockholders.

Portfolio Pulse from Bill Haddad

June 26, 2023 | 8:52 pm

PANL

Pangaea Logistics Solutions (PANL) is set to join the Russell 3000 Index, which could lead to increased visibility and trading volume for the stock.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 8:38 pm

FLEX

Flex's subsidiary Nextracker has launched an offering of 14,210,511 shares of Class A common stock and 2,289,489 of common stock by certain stockholders at $38.64 per share.

Portfolio Pulse from Benzinga Newsdesk

June 26, 2023 | 8:36 pm