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Equity Actions

AQU

Aquaron Acquisition Corp. (NASDAQ:AQU) has secured a one-month extension for its business merger by receiving a $20,000 deposit from Bestpath IoT Technology Ltd. The extension moves the deadline from July 6, 2024, to August 6, 2024. A promissory note was issued, convertible into AQU shares at $10.00 per unit.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 10:34 am

VSTO

Vista Outdoor's Board has unanimously recommended the CSG transaction, amending the merger agreement to increase the cash consideration to $21 per share. The purchase price for The Kinetic Group business has been raised by $100 million to $2.1 billion. A special meeting for Vista Outdoor stockholders to vote on the merger is scheduled for July 23, 2024. The Board also rejected MNC's final offer as inadequate.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 10:05 am

GRFS

Brookfield has confirmed exploratory discussions with key shareholders of Grifols regarding a potential joint offer to delist Grifols from the Spanish stock exchanges and NASDAQ. An exclusivity agreement has been signed to evaluate the potential transaction, but no agreement or decision has been made yet.

Portfolio Pulse from Benzinga Newsdesk

July 08, 2024 | 9:48 am

FBIO

GBX

NWGL

SAH

UNCY

Key stocks to watch on Monday include Greenbrier Companies, Nature Wood Group, Fortress Biotech, Sonic Automotive, and Unicycive Therapeutics. Greenbrier is expected to report earnings, Nature Wood Group announced a CEO change, Fortress Biotech paused dividend payments, Sonic Automotive disclosed a cybersecurity incident, and Unicycive Therapeutics filed for the resale of shares.

Portfolio Pulse from Avi Kapoor

July 08, 2024 | 7:10 am

MSW

OSTX

PGHL

QMMM

Several companies are set to go public this week, including Primega Group Holdings Limited (NASDAQ:PGHL), OS Therapies Incorporated (NYSE:OSTX), Ming Shing Group Holdings Limited (NASDAQ:MSW), and QMMM Holdings Limited (NASDAQ:QMMM). These IPOs will offer shares at specified price ranges and have a 180-day insider lock-up period.

Portfolio Pulse from Benzinga Insights

July 07, 2024 | 5:24 pm

MVST

Microvast has approved the appointment of Yaser Ali as the new CFO, according to an SEC filing on June 28.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 8:22 pm

GLLI

Globalink Investment Inc. (NASDAQ:GLLI) has extended its deadline to complete a business combination to August 9, 2024, by depositing $60,000 into its trust account. This marks the thirteenth extension since its IPO in December 2021.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 8:19 pm

TASK

TaskUs has filed for a mixed shelf offering of up to $500 million and selling stockholders are offering up to 70 million shares of Class A common stock, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 8:18 pm

CLDI

Calidi Biotherapeutics, Inc. (CLDI) will implement a 1-for-10 reverse stock split on July 15. This corporate action is aimed at increasing the stock price by reducing the number of shares outstanding.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 8:15 pm

NWGL

Nature Wood Group has appointed Hubei Song as the new CEO, replacing Jianjun Zeng who is stepping down due to health reasons, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 8:08 pm