Streetbeat News

Equity Actions

INFU

InfuSystem Holdings Inc. is set to join the Russell 3000 Index on June 26, 2023, which may lead to increased visibility and investment in the company.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 10:34 am

LI

NIO

XPEN

Nio's stock surged in premarket trading following China's announcement of an extension to the new energy vehicle purchase tax exemption until 2027 and a $700 million investment from Abu Dhabi government-owned CYVN Holdings. Other Chinese EV makers, XPeng and Li Auto, also rallied.

Portfolio Pulse from Shanthi Rexaline

June 21, 2023 | 10:22 am

SFTBY

SoftBank Group CEO Masayoshi Son announced the company is shifting from 'defense mode' to 'offense mode' to capitalize on the AI revolution. SoftBank has built its cash reserves to $35.3 billion and is preparing for the IPO of Arm, a U.K.-based chip design firm.

Portfolio Pulse from Benzinga Newsbot

June 21, 2023 | 4:24 am

BCDA

Biocardia and Cantor Fitzgerald have agreed to indefinitely suspend sales under the company's Controlled Equity Offering Sales Agreement, dated April 12.

Portfolio Pulse from Charles Gross

June 20, 2023 | 9:34 pm

OGE

OGE Energy recommends shareholders reject TRC Capital's unsolicited mini-tender offer, as it is significantly below the current market value of OGE Energy common stock. The offer represents approximately 1.5% of OGE Energy's shares outstanding as of June 16, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 9:31 pm

MSGE

Madison Square Garden Entertainment (MSGE) reports a secondary offering of 5.25 million shares by selling stockholder Sphere Entertainment. MSGE also plans to repurchase shares worth $25 million from Sphere Entertainment.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 9:00 pm

BZFD

Buzzfeed has announced in a filing that it may offer and sell up to 13.3 million shares of its Class A common stock from time to time.

Portfolio Pulse from Charles Gross

June 20, 2023 | 8:51 pm

FWBI

First Wave BioPharma Inc has filed for a shelf offering of up to 3.4 million shares of common stock by selling stockholders, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 8:30 pm

OKE

Oneok Inc has filed for a mixed shelf offering with the SEC, but the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 8:27 pm

HCNE

JAWS Hurricane Acquisition Corporation (NASDAQ:HCNE) announced its board of directors has determined to redeem all outstanding shares of Class A common stock at approximately $10.25 per share. The last day of trading is expected to be June 15, 2023, and the shares will be deemed cancelled on June 23, 2023.

Portfolio Pulse from Happy Mohamed

June 20, 2023 | 8:20 pm