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Equity Actions

FLEX

Flex announced that Paul Lundstrom will step down as Chief Financial Officer effective July 31, and Jaime Martinez will assume the role of Interim Chief Financial Officer.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:16 pm

CRL

Charles River Laboratories (CRL) has entered into a partnership with Autobahn Labs to accelerate the translation of academic discoveries into novel therapeutics. As part of the agreement, Charles River will make an equity investment in Autobahn Labs, and Justin Bryans, Chief Scientific Officer at Charles River, will join Autobahn's Board of Directors.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:13 pm

NUWE

Nuwellis, Inc. (NASDAQ:NUWE) announced a $2M offering of 469,340 shares of common stock at $4.24 per share, priced at-the-market under Nasdaq rules. Additionally, the company will issue warrants to purchase up to 938,680 shares at $3.99 per share in a concurrent private placement. The closing is expected around July 25, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 12:11 pm

VSTM

Verastem shares are trading lower after the company announced it priced its $55 million public offering of 13,333,334 of its common stocks and accompanying warrants at $3.00 per share and accompanying warrant.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:50 am

THC

Tenet Healthcare shares are trading higher after the company reported better-than-expected Q2 financial results, raised its FY24 guidance above estimates, issued Q3 guidance above estimates, and announced a $1.5 billion share buyback.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:45 am

KARO

Karooooo announced the commencement of an underwritten secondary public offering of its ordinary shares held by CEO Isaias Jose Calisto, generating $75.0M in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 11:37 am

AZTR

Azitra shares are trading lower following the announcement of a $10 million public offering of 6,665,000 common shares and Class A warrants at $1.50 per share.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 10:54 am

SILA

Sila Realty Trust has announced the final results of its modified 'Dutch Auction' tender offer, aiming to purchase up to $50 million in value of its common stock for cash.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 10:50 am

THC

Tenet Healthcare's Board of Directors has authorized a new $1.5 billion share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 10:47 am

ENGN

enGene has appointed Ron Cooper as the new Chief Executive Officer, effective July 22, 2024, succeeding Jason Hanson. Additionally, Dr. Raj Pruthi has been promoted to Chief Medical Officer.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 10:35 am