Streetbeat News

Equity Actions

MMMB

MamaMancini's Holdings (NASDAQ:MMMB) has priced a secondary offering of 6.3 million shares by certain selling shareholders at $2.50 per share, an 18.6% discount to the company's closing price on June 21. The company is not selling any shares in the offering and will not receive any proceeds. MMMB shares are trading lower by 10.2% at $2.75.

Portfolio Pulse from Shivani Kumaresan

June 22, 2023 | 2:15 pm

IGMS

IGM Biosciences' stock is trading higher after pricing an upsized public offering and concurrent private placement at $8.00 per share. The total gross proceeds from the public offering and private placement are estimated to be approximately $107.3 million.

Portfolio Pulse from Henry Khederian

June 22, 2023 | 2:07 pm

GPOR

Gulfport Energy Corp (GPOR) shares are down 8.97% after announcing the pricing of an underwritten public offering of 1.3 million shares at $95.00 per share. The company also plans to purchase approximately $25 million of its common stock from certain selling stockholders at the same price.

Portfolio Pulse from Henry Khederian

June 22, 2023 | 2:05 pm

LUCY

Innovative Eyewear Inc (NASDAQ:LUCY) shares are trading lower after announcing the pricing of a public offering of 4.5 million units at $1.05 per unit, with gross proceeds expected to total approximately $4.7 million. The company recently announced a licensing agreement with Authentic Brands for Reebok smart eyewear.

Portfolio Pulse from Adam Eckert

June 22, 2023 | 1:59 pm

IGMS

IGM Biosciences priced its upsized public offering and concurrent private placement at $8/share, raising $107.3M. The offering includes 3,285,327 shares of voting common stock and 7,312,500 shares of non-voting common stock.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 1:38 pm

AMC

APE

AMC Entertainment Holdings Inc's stock is trading lower due to a recommendation from special master Corinne Elise Amato on the objections raised in relation to the company's proposed settlement with shareholders. The settlement would result in a reverse split and give AMC access to equity to service debt. APE shares rose more than 11% following the news.

Portfolio Pulse from Adam Eckert

June 22, 2023 | 1:22 pm

AON

Aon Plc has filed for a mixed shelf offering, though the size of the offering has not been disclosed.

Portfolio Pulse from Bill Haddad

June 22, 2023 | 1:17 pm

LUCY

Innovative Eyewear announced the pricing of a $4.7 million public offering, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 1:17 pm

GPOR

Gulfport Energy's shares are trading lower following the announcement of a common stock offering by selling shareholders.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 1:10 pm

ALVR

AlloVir Inc (NASDAQ:ALVR) shares are trading lower after the company priced a public offering of common stock at $3.75 per share. The offering consists of 20 million shares, with gross proceeds expected to total $75 million. AlloVir also granted the underwriters a 30-day option to purchase up to an additional 3 million shares at the public offering price.

Portfolio Pulse from Adam Eckert

June 22, 2023 | 12:53 pm