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Equity Actions

GRRR

Gorilla Technology has entered into securities purchase agreements for a $12 million registered direct offering. The offering includes the sale of 2,142,858 ordinary shares and warrants to purchase an equal number of shares at $5.60 per share. The warrants are exercisable at $5.90 per share and will expire five years from issuance.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:09 pm

WLDS

Wearable Devices has entered a standby equity purchase agreement with YA II PN for up to $10 million in ordinary shares. YA is committed to purchasing these shares over three years at a 3% discount of the lowest daily VWAP during a three-day period following an advance notice by the company.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:06 pm

ODD

ODDITY Tech shares are trading higher after the company approved a share buyback and raised its Q2 guidance.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:04 pm

NAAS

NaaS Technology has announced a change in the effective date for its ADS ratio adjustment. Initially set for June 10, 2024, the new date is June 13, 2024. The new ADS ratio will be 1 ADS to 200 Class A Ordinary Shares, equivalent to a one-for-twenty reverse ADS split.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:04 pm

ODD

ODDITY Tech's board has approved a buyback plan of up to $150 million, indicating confidence in the company's future prospects and potentially boosting shareholder value.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 12:01 pm

GME

GameStop shares are trading lower after the company released worse-than-expected Q1 results before schedule and filed to sell up to 75 million shares.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 11:58 am

AMC

GME

KOSS

Shares of popular retail trader stocks, including GameStop, AMC, and Koss, are trading lower following GameStop's worse-than-expected Q1 earnings report and its filing to sell 75 million shares.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 11:57 am

PWSC

PowerSchool is set to be acquired by Bain Capital, with the transaction expected to close in the second half of 2024. Upon completion, PowerSchool's common stock will no longer be publicly listed on the New York Stock Exchange.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 11:53 am

EME

EMCOR Group's board has authorized an additional $500 million for its stock buyback program, indicating confidence in the company's future performance and potentially boosting shareholder value.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 11:34 am

EME

EMCOR Group has announced that its Board of Directors has authorized an additional $500 million for the purchase of shares of its outstanding common stock under its existing share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

June 07, 2024 | 11:34 am