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Equity Actions

GLLI

Globalink, Alps Holdco, and PubCo have entered PIPE subscription agreements on June 4 and June 5, raising $40 million from investors at $10 per share.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 10:20 am

QSG

QuantaSing Group Limited (NASDAQ:QSG) has announced a share repurchase program of up to US$20 million of its Class A ordinary shares in the form of American depositary shares (ADSs). The program will commence on June 11, 2024, and will last for twelve months.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 9:13 am

ARCT

ARKF

ARKK

ARKW

EXAS

HOOD

NTLA

TDOC

VCYT

VERV

Cathie Wood-led Ark Invest sold $7.6 million worth of Robinhood shares amid market fluctuations, including meme stock activity and cryptocurrency volatility. The sales were executed through three of Ark's ETFs: ARKF, ARKK, and ARKW. Other trades included sales of Exact Sciences, Teladoc Health, and Verve Therapeutics shares, and purchases of Arcturus Therapeutics, Intellia Therapeutics, and Veracyte shares.

Portfolio Pulse from Benzinga Neuro

June 11, 2024 | 2:28 am

ATAT

Atour Lifestyle has announced a proposed secondary offering of 10 million ADSs by entities affiliated with Legend Capital. Each ADS represents three Class A ordinary shares. The underwriters have a 30-day option to purchase an additional 1.5 million ADSs. Post-offering, Legend Capital will own approximately 7.6% of the share capital if the option is not exercised. Director Hongbin Zhou, appointed by Legend Capital, will resign upon completion of the offering.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 9:18 pm

IGTA

Inception Growth Acquisition has announced plans to extend the period for its business combination. This extension will provide the company with additional time to finalize a suitable merger or acquisition target.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 9:12 pm

NOVV

Nova Vision Acquisition, a blank check company, has extended its period to consummate a business combination to July 10, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 9:09 pm

VSME

VS Media has announced a 1-for-7 share combination of its Class A and Class B ordinary shares, effective June 17, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 9:07 pm

BROS

Dutch Bros has announced a public offering of 8.762 million shares of common stock by selling stockholders associated with TSG Consumer Partners. Following the offering, Sean Sullivan, the remaining director nominated by the selling stockholders, is expected to resign from the board of directors.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 8:56 pm

CWAN

Clearwater Analytics has announced a secondary public offering of 12 million shares of Class A common stock. The resale is being conducted on behalf of affiliates of Warburg Pincus LLC and Permira Advisers LLC.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 8:43 pm

SWI

SolarWinds has appointed Lewis Black as its new Executive Vice President, CFO, and Treasurer, effective August 2024. Black will succeed J. Barton Kalsu, who resigned to explore other opportunities but will remain CFO until August 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 8:39 pm