Streetbeat News

Equity Actions

BDRX

Biodexa Pharmaceuticals (NASDAQ:BDRX) announces a ratio change on its American Depositary Receipts (ADR) from 1 ADR representing 5 ordinary shares to 1 ADR representing 400 ordinary shares, effective July 5, 2023. This change will have the same effect as a one-for-eighty reverse ADR split.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:19 pm

SHPW

Shapeways Holdings, Inc. (NYSE:SHPW) has announced a 1-for-8 reverse stock split effective at 4:01 p.m. Eastern Time on June 22, 2023. The primary goal is to increase the per share market price to meet the minimum $1.00 average closing price requirement for continued listing on the NYSE.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:16 pm

SMSI

Smith Micro Software Inc (SMSI) has filed for a shelf offering of up to 17.1 million shares of common stock by selling stockholders, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:15 pm

CDXC

ChromaDex Corp has filed for a mixed shelf offering of up to $125 million.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:14 pm

SPCE

Virgin Galactic Holdings has filed for a mixed shelf offering, though the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:12 pm

CMPX

Compass Therapeutics (NASDAQ:CMPX) will be added to the Russell 2000 and Russell 3000 Indexes on June 26, 2023. The inclusion is expected to enhance trading activity and broaden exposure to the investment community.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:12 pm

O

Realty Income Corporation (NYSE: O) announces the transition of its CFO and Treasurer roles from Christie Kelly to Jonathan Pong, currently the company's Head of Corporate Finance, effective January 1, 2024. The decision follows a planned succession process as Ms. Kelly retires at the end of the year.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:09 pm

PFMT

Performant Financial Corporation (NASDAQ:PFMT) is set to join the Russell 3000 Index on June 26, following the 2023 Russell indexes annual reconstitution. The inclusion is expected to strengthen the company's investor base and increase its visibility among potential investors.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 8:08 pm

APT

Alpha Pro Tech, Ltd. (NYSE:APT) has announced a $2 million expansion of its existing share repurchase program, bringing the total available funds to $2.3 million. The company plans to repurchase shares through open market purchases or privately-negotiated transactions and retire all shares purchased.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 7:36 pm

AGLE

ALVR

CDMO

GRPN

LUCY

OSTK

ROOT

TALS

U.S. stocks traded mostly higher, with NASDAQ Composite gaining around 100 points. Crude oil prices dropped over 4%. Consumer discretionary shares rose 1.1%, while real estate shares dipped by 1.3%. Root, Inc. shares shot up 39% after receiving a takeover bid. Aeglea BioTherapeutics acquired Spyre Therapeutics and raised $210 million in gross proceeds.

Portfolio Pulse from Lisa Levin

June 22, 2023 | 6:55 pm