Streetbeat News

Equity Actions

SSD

Simpson Manufacturing announced the retirement of CFO and Treasurer Brian Magstadt, effective December 31, 2024. The company has initiated a comprehensive search for a new CFO.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:51 pm

CTVA

Corteva's CFO Dave Anderson has announced his retirement. The company has appointed David Johnson as the new Executive Vice President and CFO.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:40 pm

IMNN

Imunon Inc (NASDAQ:IMNN) shares dropped by 61% to $1.30 after announcing a $10 million registered direct offering of 5 million shares of common stock with unregistered warrants at $2 per unit. The offering aims to raise $10 million in gross proceeds and is expected to close around August 1. The proceeds will be used for working capital and general corporate purposes.

Portfolio Pulse from Henry Khederian

July 31, 2024 | 7:32 pm

SYTA

Siyata Mobile Inc (NASDAQ:SYTA) shares dropped by 27.9% to $0.28 after announcing a 1-for-18 reverse stock split to meet Nasdaq's $1.00 minimum bid price requirement. The stock will trade on a post-split basis under the same symbol 'SYTA'.

Portfolio Pulse from Henry Khederian

July 31, 2024 | 7:22 pm

TCBP

TC BioPharm shares are trading lower after the company announced a change in its ADS ratio from 1 ADS representing 20 ordinary shares to 1 ADS representing 200 ordinary shares.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 6:53 pm

SPY

Pershing Square USA, Ltd. has decided to withdraw its initial public offering (IPO).

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 6:40 pm

OSTX

OS Therapies Incorporated (NYSE:OSTX) is set to IPO on August 1st on the NYSE, offering shares at $4.00 each. The insider lock-up period will last 180 days, ending on January 28, 2025. The company focuses on treatments for osteosarcoma and other solid tumors.

Portfolio Pulse from Benzinga Insights

July 31, 2024 | 3:00 pm

PERI

Perion Network Ltd. (NASDAQ:PERI) reported a 39% Y/Y decline in Q2 FY24 revenue to $108.7 million, beating the consensus of $107.0 million. Despite growth in Retail Media and CTV revenues, overall performance was weak with significant declines in Search Advertising and Open Web Video revenues. Adjusted EBITDA fell 81% Y/Y to $7.7 million, and adjusted EPS of $0.26 exceeded the consensus loss of $0.01. The company reiterated its FY24 revenue outlook and expanded its share repurchase program.

Portfolio Pulse from Lekha Gupta

July 31, 2024 | 2:49 pm

SYTA

Siyata Mobile Inc. (NASDAQ: SYTA) announced a 1-for-18 reverse stock split effective August 2, 2024. The stock will trade on a post-split basis under the same symbol, SYTA, with a new CUSIP number.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 1:04 pm

SLS

SELLAS Life Sciences has entered into a $21 million securities purchase agreement with an institutional investor. The direct offering includes 15.8 million shares and warrants priced at $1.325 per share, exercisable at $1.20. The transaction is expected to close on August 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 12:33 pm