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Equity Actions

LILM

Lilium N.V. (NASDAQ:LILM) shares are dropping after the company announced $114 million in financing, including a $40 million public offering and a $50 million private placement. The stock is down 15.4% on heavy trading volume.

Portfolio Pulse from Erica Kollmann

May 24, 2024 | 2:33 pm

GODN

Golden Star announced the cancellation of its Business Combination EGM due to Gamehaus needing to complete filing with the China Securities Regulatory Commission (CSRC). The board decided to allow more time for the closing conditions to be met.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 1:07 pm

BACK

IMAC Holdings has appointed Faith Zaslavsky as the new CEO, succeeding Jeff Ervin.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 1:01 pm

AKAN

Akanda Corp. (NASDAQ:AKAN) shares are surging in premarket trading following the announcement of a 1-for-40 reverse stock split effective May 23, 2024. The company will file Articles of Amendment to reflect this change and will not issue fractional shares, rounding down instead. Akanda's portfolio includes CanMart in the U.K. and a Canadian farming property for THC and CBD development.

Portfolio Pulse from Nabaparna Bhattacharya

May 24, 2024 | 12:50 pm

LILM

Lilium has priced a $114 million financing, including a $40 million public offering and a $50 million private placement. The financing involves the issuance of shares and warrants, with significant participation from BIT Capital, Earlybird Venture Capital, Aceville Pte. Limited (an affiliate of Tencent Holdings Limited), and certain Lilium board members.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 12:39 pm

GV

Visionary Holdings Inc. (NASDAQ:GV) announced a 1-for-15 share consolidation effective May 29, 2024. The company's shares will trade on a post-consolidation adjusted basis starting that day.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 12:31 pm

MNPR

Monopar Therapeutics Inc. (NASDAQ:MNPR) announced the retirement of CFO Kim R. Tsuchimoto, effective June 30, 2024. Karthik Radhakrishnan will succeed her as CFO starting July 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 12:09 pm

GNLX

Genelux Corporation has priced an offering of 6,875,000 shares and accompanying warrants at $4 per share and warrant, aiming to raise gross proceeds of $27.5 million.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 12:08 pm

CATX

Perspective Therapeutics has announced the pricing of an $80 million underwritten offering, which includes 51,515,880 shares at $1.51 per share and pre-funded warrants to purchase 1,464,252 shares at $1.509 per warrant.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 12:03 pm

YS

YS Biopharma has announced a legal name change to LakeShore Biopharma Co., Ltd. The ticker symbols for its ordinary shares and warrants will change from 'YS' to 'LSB' and from 'YSBPW' to 'LSBPW', respectively, effective May 28, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 24, 2024 | 11:33 am