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Equity Actions

BA

BRO

REKR

SAP

VZ

Key stocks to watch on Monday include Verizon, Boeing, SAP, Rekor Systems, and Brown & Brown. Verizon and Brown & Brown are set to report earnings before the market opens, while SAP will release its earnings after the market closes. Boeing anticipates a 3% rise in airplane deliveries over the next 20 years, and Rekor Systems filed for an offering of up to 4.4 million common shares.

Portfolio Pulse from Avi Kapoor

July 22, 2024 | 6:56 am

ATIF

ATIF Holdings Limited has secured two new listing advisory agreements with U.S. tech companies, receiving 2% equity in shares as part of the deal.

Portfolio Pulse from Benzinga Newsdesk

July 22, 2024 | 6:40 am

CON

OS

Two companies, Concentra Group Holdings Parent, Inc (NYSE:CON) and OneStream, Inc (NASDAQ:OS), are set to go public this week. Concentra will start trading on July 25, 2024, with a price range of $23.00 to $26.00, offering 22,500,000 shares at $24.50 each. OneStream will start trading on July 24, 2024, with a price range of $17.00 to $19.00, offering 24,500,000 shares at $18.00 each.

Portfolio Pulse from Benzinga Insights

July 21, 2024 | 5:08 pm

AFCG

SONS

AFC Gamma, Inc. (NASDAQ:AFCG) is spinning off its commercial real estate business into Sunrise Realty Trust (NASDAQ:SONS). AFC Gamma will focus on cannabis lending, while Sunrise Realty Trust will explore growth in the commercial real estate market. The spin-off aims to enhance shareholder value and streamline operations.

Portfolio Pulse from Nicolás Jose Rodriguez

July 20, 2024 | 4:47 pm

BAC

BRK.A

BRK.B

Warren Buffett's Berkshire Hathaway has sold 33.9 million shares of Bank of America, worth $1.48 billion, reducing its ownership to about 999 million shares. This move aligns with Berkshire's recent trend of trimming its holdings in various companies.

Portfolio Pulse from Rounak Jain

July 20, 2024 | 7:48 am

KSM

DWS Strategic Municipal Income Trust (NYSE:KSM) announced that its Board of Trustees has approved a Plan of Liquidation and Termination for the Fund. The final liquidating distribution is expected to be made on or about November 20, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 8:36 pm

TPST

Tempest Therapeutics has filed with the SEC for a mixed shelf offering of up to $300 million.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 8:33 pm

NCSM

NCS Multistage Holdings Inc has filed for a stock shelf offering of up to $200 million. Additionally, selling stockholders may offer up to 1.7 million shares of common stock, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 8:11 pm

TECX

Tectonic Therapeutic has filed for an offering of up to 2.97 million common shares by the selling stockholders.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 8:07 pm

META

Meta Platforms, Inc. has announced a change in the ratio of its American Depositary Shares (ADS). The new ratio will be 1 ADS representing 10 Class A shares, instead of the previous 1 ADS representing 2 Class A shares.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 8:07 pm