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Equity Actions

AIM

ImmunoTech has announced the pricing of a registered direct offering of 5,640,958 shares at $0.363 per share, aiming to raise approximately $2 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:33 pm

CTRN

Citi Trends, Inc. (NASDAQ:CTRN) has appointed Ken Seipel as interim CEO following the resignation of David Makuen. The Board has initiated a search for a permanent CEO, considering both internal and external candidates.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:33 pm

APTO

Aptose Biosciences Inc. (NASDAQ: APTO) announced a $4.43M registered direct offering of 3.855M shares at $1.15 per share. The offering includes unregistered series A and B warrants. The transaction is expected to close around June 3, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:09 pm

SMFL

On May 30, 2024, Smart For Life entered into warrant solicitation inducement letters with holders of existing warrants, agreeing to exercise the warrants for cash at a reduced exercise price of $4.25 per share.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:08 pm

BTDR

Bitdeer Technologies Group (NASDAQ:BTDR) announced a private placement financing deal with Tether International Limited, involving the issuance of 18,587,360 Class A shares and a warrant to purchase up to 5 million additional shares at $10 per share. The transaction generated $100 million in gross proceeds and could provide an additional $50 million if the warrant is fully exercised.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:02 pm

BNOX

Bionomics shares are trading higher following the announcement of a private placement of up to $70 million.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:02 pm

BNOX

Bionomics Limited has announced a private placement of American Depositary Shares (ADSs) with an institutional investor, aiming to raise up to $70 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:02 pm

EGAN

eGain Corporation's board has approved a $20 million increase to its stock buyback program, signaling confidence in the company's future prospects and potentially boosting shareholder value.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 12:00 pm

SNGX

Soligenix plans to implement a reverse stock split at a ratio of 1 post-split share for every 16 pre-split shares. The stock will continue trading on Nasdaq under the symbol SNGX and will begin trading on a split-adjusted basis on June 6, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 31, 2024 | 11:32 am

CMG

Bill Ackman plans to take Pershing Square public with an IPO valuing the firm at $10.5 billion, according to The Wall Street Journal.

Portfolio Pulse from Charles Gross

May 31, 2024 | 9:36 am