Streetbeat News

Equity Actions

IPSC

Century Therapeutics has filed with the SEC for a shelf registration of up to 7.9 million shares of common stock by selling stockholders.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:51 pm

HMST

HomeStreet, Inc. (NASDAQ:HMST) announced that its shareholders have approved the merger agreement with FirstSun Capital Bancorp. The final voting results will be filed on June 20, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:46 pm

BIOL

Biolase shares are trading lower after the company announced that it will delist from the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:36 pm

SPCE

Virgin Galactic Holdings, Inc. (NYSE:SPCE) shares are trading lower following a 1-for-20 reverse stock split aimed at meeting NYSE's minimum bid price requirement. Despite a successful tourist launch, the stock has dropped over 40% in the past month and is down 91.24% year-to-date. The company plans to replace its VSS Unity spaceplane with Delta class spaceships by 2026.

Portfolio Pulse from Vaishali Prayag

June 18, 2024 | 8:34 pm

TDCX

TDCX has completed its going-private transaction. Each Class A and Class B share, as well as American Depositary Shares (ADSs), will be cancelled in exchange for $7.20 per share or ADS. Vested warrants will be cancelled for $7.19 each.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:34 pm

DWAC

Trump Media & Technology Group (TMTG) announced that the SEC has declared its Form S-1 registration statement effective. This allows the resale of shares and warrants by certain securityholders, potentially generating up to $247 million from warrant exercises. Additionally, $40 million in restricted cash will become unrestricted, supplementing over $200 million in unrestricted cash.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:27 pm

DLA

Delta Apparel is exploring the potential sale of its Salt Life business and evaluating strategic options. The company approved the DTG2Go exit plan due to market, operational, and liquidity challenges, including the loss of its largest customer. Delta Apparel's deteriorating liquidity is preventing it from purchasing raw materials and paying employee compensation.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:22 pm

DLA

Delta Apparel has announced that it will cease all production operations related to its DTG2Go business as of June 13, 2024, as part of its exit plan.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:19 pm

FBLG

FibroBiologics has filed a prospectus with the SEC for the resale of up to 16 million shares of common stock by GEM.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:16 pm

PSNY

Polestar has announced that Håkan Samuelsson will retire as Board Chair, with Winfried Vahland appointed as the new Board Chair. Additionally, Carla De Geyseleer has chosen not to stand for re-election.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:15 pm