Streetbeat News

Equity Actions

VSTM

Verastem Oncology (NASDAQ:VSTM) has announced the pricing of a $55 million public offering, which includes 13,333,334 shares of common stock and accompanying warrants, as well as pre-funded warrants. The offering price is $3.00 per share and $2.999 per pre-funded warrant, with warrants exercisable at $3.50 per share.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 6:45 am

EQNR

Equinor is set to commence the third tranche of its 2024 share buy-back program, with plans to purchase shares worth up to $528 million in the market. The total tranche, including shares to be redeemed from the Norwegian State, will amount to $1.6 billion and will conclude by October 22, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2024 | 5:04 am

LUNA

Luna Innovations has appointed Kevin Ilcisin as its new President and CEO, effective August 1, 2024. Richard Roedel is retiring from the Board of Directors after nearly 20 years of service. The company also closed a $15 million junior secured term loan facility. Warren B. Phelps, III has been appointed as the new Chair of the Board of Directors.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 9:38 pm

APO

SLCA

SNDR

Schneider National (SNDR) will replace U.S. Silica Holdings (SLCA) in the S&P SmallCap 600 index, effective before trading opens on July 31. Apollo Global Management (APO) is acquiring U.S. Silica Holdings, with the deal expected to close soon pending final conditions.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 9:21 pm

HIBB

QDEL

QuidelOrtho will replace Hibbett in the S&P SmallCap 600 index, effective before the market opens on July 26. JD Sports Fashion Plc is acquiring Hibbett, with the deal expected to close soon pending final conditions.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 9:19 pm

AVTR

QDEL

Avantor (AVTR) will replace QuidelOrtho (QDEL) in the S&P Midcap 400, effective prior to the opening of trading on July 26.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 9:18 pm

ATKR

Atkore has appointed John Deitzer as its new VP and CFO, effective August 9, 2024, following the resignation of David Johnson. James Alvey will take over as Chief Accounting Officer.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 9:07 pm

LLAP

Terran Orbital has announced the launch of an at-the-market (ATM) offering program to raise up to $98 million in new capital. This move is aimed at bolstering the company's financial position.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 9:01 pm

SFL

SFL Corporation's shares are trading lower following the announcement of an offering of 8 million common shares.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:46 pm

VSTM

Versatem shares are trading lower following the announcement of a proposed public offering of common stock, warrants, and pre-funded warrants.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 8:40 pm