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Equity Actions

EQC

Equity Commonwealth is liquidating with a final distribution value range of $19.5 - $21 per share, expected to delist in Q2 2025. The company has sold most assets, with a significant write-down on Texas properties, reflecting broader office REIT market trends. The remaining Denver property is valued at $153 million, contributing to a total cash value of around $2.25 billion, an insufficient 4% upside.

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November 12, 2024 | 10:30 pm

OS

OneStream, Inc. has announced a secondary offering of 15 million shares of its Class A common stock. This includes 9 million shares from selling stockholders and 6 million shares from OneStream in a non-dilutive synthetic secondary transaction.

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November 12, 2024 | 10:15 pm

RCUS

Arcus Biosciences has granted stock options to new employees as part of an employment inducement plan. The options cover 14,100 shares at an exercise price of $17.85, matching the closing price on November 8, 2024.

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November 12, 2024 | 10:00 pm

PKKFF

Tenet Fintech Group Inc. announced a non-brokered private placement financing to raise up to $2 million by selling 20 million units at $0.10 each. The funds will support the commercialization of its ie-Pulse product, strategic partnerships, and general working capital.

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November 12, 2024 | 10:00 pm

GDYN

Grid Dynamics Holdings, Inc. (NASDAQ:GDYN) announced a proposed public offering of 5,000,000 shares of its common stock, with an option for underwriters to purchase an additional 750,000 shares.

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November 12, 2024 | 10:00 pm

GPI

Group 1 Automotive, Inc. (NYSE: GPI) announced a new $500 million share repurchase authorization and declared a quarterly dividend. The board increased the repurchase authorization by $333 million.

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November 12, 2024 | 10:00 pm

DCF

BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc. (NYSE: DCF) announced its plan to liquidate on or about November 25, 2024. The Fund will deviate from its stated investment strategy as it prepares for liquidation.

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November 12, 2024 | 10:00 pm

STIM

Neuronetics, Inc. (NASDAQ: STIM) announced the granting of inducement awards of Restricted Stock Units (RSUs) to seven new non-executive employees, in line with NASDAQ Listing Rule 5635(c)(4).

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November 12, 2024 | 9:45 pm

CON

SEM

Select Medical Holdings announced a special stock distribution of its unit Concentra Holdings to its shareholders, set for November 25, 2024.

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November 12, 2024 | 9:45 pm

PBM

Psyence Biomedical Ltd. announced the results of its annual and special general meeting, including a share consolidation and receipt of an additional staff determination from Nasdaq.

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November 12, 2024 | 9:45 pm