Streetbeat News

Equity Actions

BRLS

Borealis Foods has announced a $3 million stock buyback program, indicating confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:07 pm

CTKB

Cytek Biosciences has announced a $50 million stock repurchase program, indicating confidence in its financial health and future prospects.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:03 pm

LPG

Dorian LPG Ltd. (NYSE:LPG) has priced its public offering of 2 million common shares at $44.50 per share. The net proceeds will be used for general corporate purposes, and underwriters have a 30-day option to purchase an additional 300,000 shares.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:52 am

UGI

UGI Corporation has announced a proposed offering of $600 million in convertible senior notes. This move is aimed at raising capital for general corporate purposes, including potential acquisitions and debt repayment.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:09 am

ASNS

Actelis shares are trading lower following the company's announcement of an agreement for the immediate exercise of certain outstanding warrants, generating gross proceeds of $3 million.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:27 am

NFGC

New Found Gold has entered into a $3.75M settlement agreement concerning a lawsuit filed by ThreeD Capital and 1313366 Ontario. The settlement involves the transfer and issuance of New Found Shares, subject to TSXV and NYSE American approval.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:13 am

LPG

Dorian LPG shares are trading lower following the company's announcement of a public offering of common shares.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:08 am

SMAR

Smartsheet shares are trading higher following the company's better-than-expected Q1 financial results and the announcement of a $150 million share repurchase program.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:07 am

LULU

Lululemon shares are trading higher following the company's better-than-expected Q1 financial results and the authorization of a $1 billion increase in its stock repurchase program.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:06 am

GAUZ

Gauzy has priced its $75 million initial public offering of 4,411,765 ordinary shares at $17 per share. The shares will begin trading on the Nasdaq Global Market under the symbol 'GAUZ' on June 6, 2024. The offering is expected to close on June 7, 2024, subject to customary conditions. Proceeds will be used for production expansion, R&D, marketing, and other corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 6:38 am