Streetbeat News

Equity Actions

TRKA

Troika Media Group has entered an at-market issuance sales agreement with B. Riley Securities, allowing them to offer and sell shares of common stock with an aggregate offering price of up to $70 million.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 11:30 am

KMDA

Kamada Ltd. announced a $60 million private placement with FIMI Opportunity Funds, a leading Israeli private equity firm. The funds will be used to support Kamada's growth strategy and strengthen its balance sheet.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 11:07 am

PWR

Quanta Services has announced a $500 million share buyback program. The company's board of directors has authorized the repurchase of its common stock, which is expected to be funded through cash on hand and future cash flows.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 11:06 am

KA

Biopharmaceutical company Kineta (KA) is set to join the Russell Microcap Index, which may increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 10:33 am

CLVT

Clarivate has extended its buyback authorization through December 31, 2024, and reduced the authorization amount from $1 billion to $500 million.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2023 | 10:33 am

NVO

Novo Nordisk and Life Edit Therapeutics have announced a collaboration to develop gene editing therapies for rare and cardiometabolic diseases. Life Edit will receive an upfront cash payment and is eligible for milestone payments of $250-335 million for each of seven development programs. Novo Nordisk will also make an equity investment in ElevateBio, Life Edit's parent company.

Portfolio Pulse from Charles Gross

May 24, 2023 | 10:05 am

APTO

Aptose Biosciences' board has approved a 1:15 reverse stock split, effective May 24, 2023. This move aims to increase the stock price and reduce the number of outstanding shares.

Portfolio Pulse from Charles Gross

May 23, 2023 | 9:36 pm

CTRM

Castor Maritime has entered into an 'At-the-Market' equity distribution agreement with Maxim Group, dated May 23, 2023, under which the company may sell shares of its common stock of up to $30 million.

Portfolio Pulse from Charles Gross

May 23, 2023 | 9:30 pm

SDIG

Stronghold Digital Mining has filed for the offer and sale of up to 1.9 million shares of Class A common stock.

Portfolio Pulse from Charles Gross

May 23, 2023 | 9:28 pm