Streetbeat News

Equity Actions

ORKT

Orangekloud Technology (ORKT) shares opened for trade at $5.20 per share, following an IPO priced at $4.75 per share.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 2:46 pm

BANX

ArrowMark Financial has filed with the SEC for a mixed shelf offering of up to $150 million.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 2:37 pm

DTSQU

Trading halt status for IPO security DTSQU was updated at 10:35:00 AM ET, and it has been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 2:35 pm

HOG

Harley-Davidson Inc (NYSE:HOG) reported strong Q2 results, beating revenue and EPS estimates. Despite a decline in global retail motorcycle sales, the company announced a $1 billion share repurchase plan. However, it revised its FY24 revenue and operating income margin outlook downwards.

Portfolio Pulse from Shivani Kumaresan

July 25, 2024 | 2:34 pm

LINE

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

July 25, 2024 | 2:10 pm

QXO

QXO shares are trading lower after a recent surge due to private placement financing.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 1:47 pm

PBM

Psyence Biomedical shares have resumed trading after a temporary halt. The company is expected to make significant announcements that could impact its stock price.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 1:40 pm

CRGY

SBOW

Crescent Energy (NYSE:CRGY) and SilverBow Resources (NYSE:SBOW) announced preliminary results for the merger consideration elections. Approximately $358 million in cash will be paid to SilverBow shareholders, below the $400 million cap. The merger consideration includes options for stock, mixed, or cash payments.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:39 pm

COFS

ChoiceOne Financial Services (NASDAQ: COFS) announced a $30M common stock offering, pricing 1.2M shares at $25 each. The net proceeds are expected to be $28.2M, which will be used for general corporate purposes and to support its merger with Fentura Financial, Inc.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:32 pm

COFS

FETM

ChoiceOne Financial Services (COFS) has announced a merger with Fentura Financial (FETM), valuing the transaction at $40.18 per share of Fentura common stock, or approximately $180.4 million. Each share of Fentura common stock will be converted into 1.35 shares of ChoiceOne common stock.

Portfolio Pulse from Benzinga Newsdesk

July 25, 2024 | 12:09 pm