Streetbeat News

Equity Actions

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

AIG

BLK

CRBG

Corebridge Financial announces a $200M share repurchase agreement with AIG and Blackstone, with 90.1% repurchased from AIG and 9.9% from Blackstone. The purchase price is $16.41/share, and the transaction is expected to close on June 23, 2023.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 12:37 pm

INTT

inTEST Corporation (INTT) is set to join the Russell 2000 and 3000 Indexes, which could lead to increased visibility and demand for the stock.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 12:34 pm

NRSN

NeuroSense Therapeutics announced a $4.5M registered direct offering of 3M ordinary shares at $1.50/share and a concurrent private placement. The proceeds will be used to advance clinical development of its lead product candidate, PrimeC for ALS, and other research and development activities.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 12:34 pm

MG

Mistras Group (MG) is set to join the Russell 3000 Index on June 26, 2023, which could lead to increased visibility and potential investment.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 12:20 pm

LUCY

Innovative Eyewear has priced its 4.5 million unit offering at $1.05 per unit.

Portfolio Pulse from Bill Haddad

June 22, 2023 | 12:16 pm

IGMS

IGM Biosciences announces the pricing of its $107.3M upsized public offering of voting and non-voting common stock at $8 per share, and a concurrent private placement of 2,812,500 shares at $8 per share. The public offering is expected to close on June 26, 2023.

Portfolio Pulse from Happy Mohamed

June 22, 2023 | 12:04 pm

MMMB

MamaMancini's announced the pricing of a secondary offering of common stock by selling stockholders at $2.50 per share. The selling stockholders have granted the underwriters a 30-day option to purchase up to 942,163 additional shares. MamaMancini's is not selling any shares in the offering.

Portfolio Pulse from Benzinga Newsdesk

June 22, 2023 | 12:03 pm

HBIO

Harvard Bioscience, Inc. (NASDAQ:HBIO) is set to join the Russell 2000 and Russell 3000 Indexes, according to preliminary membership information. The addition will become effective after the U.S. market opens on June 26, 2023.

Portfolio Pulse from Charles Gross

June 22, 2023 | 11:57 am

NDVAF

SNDL

SNDL Inc. has disposed of 3.3 million common shares in Indiva Limited, reducing its stake from 12.93% to 8.57%. The shares were sold through the TSX Venture Exchange at an average price of $0.0293 per share, totaling $90,207.

Portfolio Pulse from Vuk Zdinjak

June 22, 2023 | 11:53 am