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Equity Actions

PPBT

Purple Biotech shares are trading lower after the company announced the exercise of warrants for $2 million gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 4:41 pm

ASNS

Actelis Networks Inc (NASDAQ:ASNS) shares dropped by 14.3% to $1.98 after announcing a $2.25 million capital raise through warrant exercise and new warrants issuance. The company will issue new unregistered warrants to purchase up to 1,999,340 shares at $1.75 per share, exercisable immediately for 24 months. The net proceeds will be used for general corporate purposes.

Portfolio Pulse from Henry Khederian

July 01, 2024 | 4:30 pm

ISTR

Investar Holding Corporation (NASDAQ:ISTR) has rejoined the Russell 3000 Index, effective July 1st, as part of the 2024 Russell U.S. Indexes annual reconstitution.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 4:02 pm

RELI

Reliance Global Group, Inc. (NASDAQ:RELI) shares are trading higher after a 1-for-17 reverse split. The company announced a new Real Estate division, set to launch after acquiring Spetner Associates in the second half of 2024. Shares are up 10% at $4.23, despite a year-to-date loss of 95.09%.

Portfolio Pulse from Erica Kollmann

July 01, 2024 | 3:17 pm

XTIA

XTI Aerospace (NASDAQ:XTIA) has secured a $55 million investment from FC Imperial Limited to accelerate the development of its TriFan aircraft. The investment values XTI at $275 million post-money and aims to support key milestones, including design reviews and the assembly of the first test aircraft. Despite the positive news, XTIA shares are trading lower by 6.31% at $0.4141.

Portfolio Pulse from Shivani Kumaresan

July 01, 2024 | 3:06 pm

MJID

Majestic Ideal Holdings Ltd (NASDAQ:MJID) is set to IPO on July 2nd on the NASDAQ exchange with shares priced between $4.00 and $5.00. The insider lock-up period will end on December 29, 2024. The company provides SCM services in the apparel industry.

Portfolio Pulse from Benzinga Insights

July 01, 2024 | 3:00 pm

CHWY

SMH

SPY

The market is currently awaiting key Supreme Court decisions. In France, Marine Le Pen is leading after the first round of elections. Roaring Kitty has disclosed a 6.6% stake in Chewy. Chip stocks are experiencing a sell-off.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 2:15 pm

ATI

Kimberly A. Fields has been appointed as the President and CEO of ATI Inc., succeeding Robert S. Wetherbee, who will now serve as Executive Chairman. Fields has been with ATI since 2022 and has contributed to the company's growth and operational improvements.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 1:31 pm

DJT

Trump Media & Technology Group has been added to the Russell 1000 and Russell 3000 indexes, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 1:29 pm

CIA

Citizens, Inc. (NYSE:CIA) announces that Jon Stenberg, currently President, will become CEO effective July 1, 2024. Gerald W. Shields will continue as Vice Chairman of the Board.

Portfolio Pulse from Benzinga Newsdesk

July 01, 2024 | 1:22 pm