Streetbeat News

Equity Actions

ELUT

Elutia shares are trading lower following the announcement of a $13.26 million registered direct offering.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:19 pm

AGRI

AgriFORCE shares are trading higher following the announcement of a $1 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:18 pm

AGRI

AgriFORCE Growing Systems has announced a $1 million share repurchase program. The board has authorized a six-month buyback period, with the potential for extension or increase.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:16 pm

ALLG

Allego and its majority shareholder, Meridiam, have announced a transaction framework agreement. Meridiam will launch a tender offer for all issued and outstanding Allego shares not owned by Meridiam, followed by Allego's delisting from the NYSE. Meridiam will offer Allego shareholders $1.70 per share in cash.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:12 pm

BJDX

Bluejay Diagnostics, Inc. (NASDAQ:BJDX) announced a 1-for-8 reverse stock split effective June 20, 2024. The company's stock will trade on a post-split basis on the Nasdaq Capital Market under the same symbol, BJDX, but with a new CUSIP number.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:08 pm

ATRA

Atara Biotherapeutics announced a 1-for-25 reverse stock split, which will be effective on June 20. This move is aimed at increasing the company's stock price and maintaining its listing on the Nasdaq.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:06 pm

ELUT

Elutia has announced a $13.26 million registered direct offering, which includes 3.175 million shares of Class A stock priced at $3.40 per share and 725,000 prefunded warrants to purchase shares at $3.399 per share.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:03 pm

ASMB

GILD

Assembly Biosciences has announced $12.6 million in equity financings through the issuance of 634,500 shares of its common stock and warrants to Armistice Capital LLC. The funding will support the advancement of its antiviral portfolio and extend its cash runway into Q1 2026. Key upcoming data readouts include ABI-5366 Phase 1a in 3Q24 and Phase 1b in 1H25, and ABI-4334 Phase 1b by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:02 pm

DY

Dycom CEO Steven E. Nielsen will retire in November 2024, with Daniel S. Peyovich, the current Executive Vice President and COO, set to become the next CEO. Nielsen will remain CEO and Chair of the Board until his retirement.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 12:01 pm

IPW

iPower shares are trading lower following the announcement of a registered direct offering of $5 million.

Portfolio Pulse from Benzinga Newsdesk

June 17, 2024 | 11:51 am