Streetbeat News

Equity Actions

SKYH

Sky Harbour Group Corporation (NYSE:SKYH) has been added to the Russell 2000 Index, effective July 1, 2024, as part of the annual reconstitution of the Russell indexes.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

BNGO

Bionano Genomics has entered into agreements with institutional investors for a $30 million registered direct offering. The company will sell 17,513,136 shares at $0.571 per share.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

PHIO

Phio Pharmaceuticals has terminated its share purchase agreement with Triton Funds, which would have allowed Triton to purchase up to 18.8% of Phio's common stock.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

DJT

Trump Media & Technology Group Corp (NASDAQ:DJT) stock is volatile in premarket trading after announcing a deal to acquire critical assets for its content distribution network. The deal involves issuing 5.1 million shares and $17.5 million over three years, with a standby equity purchase agreement allowing up to $2.5 billion in shares issuance. The new network will stream via Truth Social and standalone apps, offering various content. DJT shares were down 0.64% to $30.90 premarket.

Portfolio Pulse from Anusuya Lahiri

July 05, 2024 | 3:01 pm

MIND

MIND Technology, Inc. (NASDAQ:MIND) has deferred its Series A Preferred Stock dividend for the eighth consecutive quarter. This deferral allows holders of the Series A Preferred Stock to appoint two directors to the Board.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

ATAT

Atour Lifestyle has decided to eliminate the Co-COO position as part of its organizational adjustments. Hong Lu has resigned as a director but will continue as senior vice president. Jianfeng Wu has been appointed as a director. Xun Zhang and Gang Chen will no longer serve as Co-COOs but will retain key roles within the company.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

KRNL

Kernel Group has extended the period to complete its initial business combination to August 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

NIO

NIO has announced the resignation of its CFO, Steven Wei Feng, for personal and family reasons, effective July 5, 2024. Stanley Yu Qu, the Senior Vice President of Finance, has been promoted to the new CFO position.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

IONM

Assure Holdings announced an 18-to-1 reverse stock split effective July 9, 2024, to maintain NASDAQ compliance and make its bid price more attractive to investors.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:01 pm

FANH

Fanhua Inc. (NASDAQ:FANH) has doubled its share repurchase program to $40 million and announced that its leadership will personally invest $5 million in the company's shares. This move signals confidence in the company's long-term growth prospects despite recent industry challenges.

Portfolio Pulse from Benzinga Newsdesk

July 05, 2024 | 3:00 pm