Streetbeat News

Equity Actions

JSDA

Jones Soda Co. (OTCQB:JSDA) has closed the second tranche of its private placement offering, raising $640,000. The company plans to close a third tranche by August 8, 2024, and will discuss its Q2 2024 financial results on August 13, 2024. The funds will support growth and general corporate purposes. Shares traded 6.25% lower at 45 cents after market close.

Portfolio Pulse from Jelena Martinovic

August 01, 2024 | 4:40 pm

SLM

SLM Corp. has filed a mixed-securities shelf registration, though the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 3:03 pm

MBAVU

Trading halt status for MBAVU was updated at 10:35:00 AM ET. The IPO security has been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:35 pm

FDSB

Fifth District Savings Bank (FDSB) opened at $10.75 per share after its IPO was priced at $10. This indicates a positive market reception for the newly listed company.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:21 pm

FDSB

Trading halt status was updated at 10:10:00 AM ET for an IPO security, which has now been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 2:10 pm

CTVA

KROP

VEGI

Corteva, Inc. (NYSE:CTVA) reported mixed second-quarter 2024 results with net sales of $6.11 billion missing estimates but adjusted EPS of $1.83 beating expectations. Revenue saw regional variances with Latin America up 7% and EMEA down 6%. Operating EBITDA increased by 10% Y/Y. The company plans a $1 billion share repurchase in 2024 and announced a new CFO appointment.

Portfolio Pulse from Lekha Gupta

August 01, 2024 | 1:40 pm

ECL

Ecolab Inc. has sold its global surgical solutions business to Medline for approximately $950 million in cash. The company plans to use part of the proceeds to repurchase up to $500 million of its stock in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 1:19 pm

OCGN

Ocugen Inc (NASDAQ:OCGN) shares fell by 11% to $1.25 after announcing a public offering of 30,434,783 shares at $1.15 per share, aiming to raise $35 million. The offering includes a 30-day option for the underwriter to purchase an additional 4,565,217 shares. Proceeds will be used for general corporate purposes.

Portfolio Pulse from Henry Khederian

August 01, 2024 | 1:18 pm

XGN

Exagen Inc. (NASDAQ:XGN) has appointed Jeffrey G. Black as the new Chief Financial Officer, effective September 1, 2024. He will replace Kamal Adawi, with John Aballi serving as interim CFO until the end of August.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 1:15 pm

LIPO

Lipella Pharmaceuticals shares are trading lower after the company announced a $1.28 million registered direct offering of 2.066 million shares of common stock at $0.62/share.

Portfolio Pulse from Benzinga Newsdesk

August 01, 2024 | 1:11 pm