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Equity Actions

APDN

Applied DNA Sciences has announced the pricing of a $12 million public offering, consisting of 9,230,769 units at $1.30 per unit.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:33 pm

FEAM

5E Advanced Materials, Inc. (NASDAQ: FEAM) has announced an agreement to sell $6 million in additional convertible notes to Bluescape Energy Partners and Ascend Global Investment Fund SPC. The notes, convertible into common stock at $1.53 per share, will mature in August 2028 and pay interest in-kind at 10%. This capital will support the company's operational processes and commercial arrangements.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:08 pm

TXN

Texas Instruments shares are trading higher following a report indicating Elliott has taken a $2.5 billion stake in the company.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:08 pm

TXN

Activist investor Elliott Management has taken a $2.5 billion stake in Texas Instruments (TXN) and is urging the company to improve its free cash flow.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:07 pm

PBYI

Puma Biotechnology, Inc. (NASDAQ:PBYI) will join the Russell 3000 Index following Russell Investments' annual reconstitution. The inclusion will be effective after U.S. markets open on July 1.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 1:02 pm

PGY

Pagaya Technologies will join the Russell 2000 Index and the Russell 3000 Index, effective at the market open on July 1.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:44 pm

SERA

Sera Prognostics Inc. (NASDAQ:SERA) is expected to be added to the Russell 2000 and 3000 indexes as part of the Russell indexes annual reconstitution. This inclusion could increase the stock's visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:37 pm

BITF

RIOT

Riot Blockchain has proposed to acquire Bitfarms for $2.30 per share and has accumulated a 9.25% stake in the company.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:32 pm

MFIN

Medallion Financial Corp. (MFIN) is set to join the Russell 3000 Index, which could increase its visibility and attract more investors.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:30 pm

CRGX

CARGO Therapeutics has entered into a security purchase agreement for a private investment, which is expected to result in gross proceeds of approximately $110 million.

Portfolio Pulse from Benzinga Newsdesk

May 28, 2024 | 12:28 pm