Streetbeat News

Equity Actions

YXT

YXT.com Group Holding Limited has priced its IPO of 2.273 million American Depositary Shares (ADSs) at $11 per ADS, raising approximately $25 million. The ADSs will trade on the Nasdaq Global Market under the ticker symbol 'YXT' starting August 16, 2024. The offering is expected to close on August 19, 2024, with Kingswood Capital Partners, LLC, and Tiger Brokers (NZ) Limited acting as underwriters.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 12:15 pm

MBRX

Moleculin Biotech shares are trading lower following the announcement of a public offering for 2.47 million shares and Series A and B warrants at $2.23 per share.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 12:10 pm

PLXS

Plexus Corp. has approved a new share repurchase program to buy back up to $50 million of its common stock, as per an SEC filing on August 14.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 12:08 pm

CGC

Canopy Growth Corporation's CEO, David Klein, will retire at the end of the company's fiscal year ending March 31, 2025. The Board of Directors has initiated a comprehensive CEO selection process and expressed confidence in the company's strategic direction and leadership team.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 12:05 pm

MBRX

Moleculin Biotech has announced the pricing of a public offering for 2.47 million shares, along with Series A and B warrants at $2.23 per share. The warrants will be exercisable upon shareholder approval, with Series A expiring in 2 years and Series B in 5 years. The closing is expected around August 19, 2024.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 12:04 pm

AMBP

Ardagh Metal Packaging has appointed Stefan Schellinger as its new Chief Financial Officer, effective September 1, 2024. Schellinger will succeed David Bourne and brings over 25 years of financial and commercial experience to the role.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 12:01 pm

NDRA

ENDRA Life Sciences has announced a 1-for-50 reverse stock split, which will be effective on August 20. This move is likely aimed at increasing the stock price to meet listing requirements.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 12:01 pm

SNDA

Sonida Senior Living shares are trading lower after the company announced the pricing of an upsized public offering of 4.3 million shares at $27 per share.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:53 am

HRB

H&R Block shares are trading higher following the release of better-than-expected Q4 financial results and FY25 guidance above estimates. The company also announced a quarterly dividend increase and a $1.5 billion share repurchase authorization.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:34 am

BWMN

Bowman Board has authorized an increase in its share repurchase program from $10 million to up to $25 million, with $20.8 million still available. The termination date has been extended to August 31, 2025.

Portfolio Pulse from Benzinga Newsdesk

August 16, 2024 | 11:28 am