Streetbeat News

Equity Actions

AFCG

AFC Gamma, Inc. (NASDAQ:AFCG) declared Q2 2023 dividends of $0.48 per share and announced a share repurchase program of up to $20 million. The company aims to maintain a sustainable dividend level and is focused on deploying capital into deals with strong risk-adjusted returns.

Portfolio Pulse from Vuk Zdinjak

June 15, 2023 | 3:03 pm

CAVA

CAVA Group's open price is indicating a range of $38-$45 per share, significantly higher than its IPO price of $22 per share.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 3:01 pm

COIN

Coinbase Global Inc (NASDAQ:COIN) shares are trading lower alongside the broader crypto market. The company announced the repurchase of $64.5 million worth of its 0.50% convertible senior notes due 2026. Following the closings, approximately $1.373 billion worth of the notes will remain outstanding.

Portfolio Pulse from Adam Eckert

June 15, 2023 | 2:30 pm

IZEA

IZEA announced a 1-for-4 reverse stock split to be effective on June 16, 2023. This action is aimed at increasing the stock price and reducing the number of outstanding shares.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 1:00 pm

BLBX

Blackboxstocks announced an $8.5 million investment stake in Evtec Group, issuing 2.4 million shares of Series B Convertible Preferred Stock. This move is an initial step towards a merger and helps Blackbox regain compliance with NASDAQ's stockholder equity requirement.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:35 pm

AFCG

AFC Gamma, Inc. (NASDAQ:AFCG) declares a $0.48 dividend for Q2 2023, announces a share repurchase program of up to $20 million, and provides portfolio updates. The company's management anticipates the dividend to be sustainable and is focused on deploying capital into deals with strong risk-adjusted returns.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:34 pm

POCI

Precision Optics Corporation (NASDAQ: POCI) has entered into definitive agreements for a private placement of 420,000 shares of common stock, resulting in gross proceeds of approximately $2.52 million. The closing is expected to occur on June 20, 2023.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:31 pm

EDIT

Editas Medicine announced the pricing of an offering of common stock, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:28 pm

GAMB

Gambling.com announced the pricing of a secondary offering of ordinary shares by selling shareholders, causing its shares to trade lower.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:28 pm

BCAL

Southern California Bancorp (BCAL) has announced a 550,000 share buyback program, signaling confidence in the company's future prospects.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:03 pm