Streetbeat News

Equity Actions

ARTV

Trading halt status for ARTV was updated at 10:10:00 AM ET. The IPO security has been released for quotation.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 2:10 pm

HYZN

Hyzon Motors Inc. (NASDAQ:HYZN) announced a $4.5M registered direct offering of 22.5M shares of its Class A Common Stock and warrants to purchase 22.5M shares at $0.20 per share. The offering is expected to close around July 22, 2024, with proceeds used for working capital and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:30 pm

LOW

Lowe's Companies has filed for a mixed shelf offering with the SEC, though the size of the offering has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:23 pm

KKR

KKR is considering various options, including selling down its stake in Biotage. The private equity firm is exploring different strategies for its investment in the company.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:17 pm

VATE

Innovate Corp. (VATE) has announced a 1-for-10 reverse stock split effective August 2, 2024. Trading on a split-adjusted basis will commence on August 5, 2024 under the symbol 'VATE'.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 1:11 pm

HDRO

HYDR

PLUG

Plug Power, Inc. (NASDAQ:PLUG) shares are trading lower by 13.4% to $2.52 premarket on Friday. The company announced the pricing of its public offering of 78.74 million shares at $2.54 per share, with an option for underwriters to purchase an additional 11.81 million shares. The offering is expected to close around July 22, 2024, and aims to raise approximately $200 million for general corporate purposes. Plug Power has also completed the deployment of 13 hydrogen refueling stations across Europe over the past two years.

Portfolio Pulse from Nabaparna Bhattacharya

July 19, 2024 | 12:43 pm

BDRX

Biodexa Pharmaceuticals shares are trading lower following the announcement of a $5 million registered direct offering and concurrent private placement.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 12:34 pm

BDRX

Biodexa Pharmaceuticals has announced the pricing of a $5 million registered direct offering and a concurrent private placement. The company will sell 5,050,808 American Depositary Shares and 278,975 pre-funded warrants. The proceeds will be used to fund development programs, including a $17 million CPRIT grant match and a Phase 3 eRapa trial in Familial Adenomatous Polyposis, as well as for working capital and general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 12:32 pm

CAT

CG

IYR

Caterpillar Inc. (NYSE:CAT) raised its dividend and increased its share repurchase program. iShares U.S. Real Estate ETF (NYSE:IYR) and The Carlyle Group Inc. (NASDAQ:CG) were also highlighted as final trades on CNBC's 'Halftime Report Final Trades'.

Portfolio Pulse from Avi Kapoor

July 19, 2024 | 12:27 pm

OTIS

Otis Worldwide has appointed Cristina Méndez as Executive VP and CFO effective August 23. Anurag Maheshwari, the current Executive VP and CFO, has provided notice of his resignation.

Portfolio Pulse from Benzinga Newsdesk

July 19, 2024 | 12:23 pm