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Equity Actions

BSBK

Bogota Financial Corp. (BSBK), the holding company for Bogota Savings Bank, has received regulatory approval to repurchase up to 237,090 shares of its common stock, approximately 5% of its outstanding shares. This marks the company's fifth stock repurchase program, with no set expiration date. The repurchase may occur in open market or private transactions, and the exact number of shares to be repurchased is not guaranteed, depending on market conditions and the company's financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:17 pm

MDAI

Spectral AI has appointed Erich Spangenberg as the CEO of its IP-focused subsidiary, Spectral IP, and is considering a potential spin-off of this subsidiary. The move aims to enhance the subsidiary's focus on intellectual property and explore strategic options that could benefit Spectral AI's shareholders.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:13 pm

ATXI

Avenue Therapeutics announced a reverse stock split, leading to its shares trading lower.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 1:09 pm

ISUN

iSun, Inc. has announced a 1-for-20 reverse stock split, a move typically aimed at increasing the market price of a company's shares. This action could affect the stock's liquidity and market perception.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:51 pm

NEOV

NeoVolta Inc. has announced the appointment of Ardes Johnson as its new CEO. This strategic move aims to leverage Johnson's extensive experience to drive the company's growth and innovation in the energy storage sector.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:49 pm

DOOR

Masonite International Corporation (Masonite) has entered into an Asset Purchase Agreement to sell its Architectural Business for about $75 million, expecting to complete the sale in Q2 2024. This deal will lead Masonite to record a net non-cash impairment charge in the range of $90M-$100M during the same quarter, with no anticipated future cash expenditures. The final impairment charge may vary based on several factors including indemnification liabilities, foreign exchange rates, and the working capital of the Architectural Business at the transaction's close.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:31 pm

DZSI

DZS Inc. (DZSI) has been granted an extension by the Nasdaq Hearings Panel to remain listed on the Nasdaq Stock Market, contingent on meeting Nasdaq's filing requirement by August 5, 2024. The company is working with BDO USA LLP to complete and file all necessary financial statements and reports by the deadline. Additionally, DZS announced changes to its Board of Directors, including the appointment of two new members and the resignation of David Schopp.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:16 pm

HTBI

HomeTrust Bancshares has re-authorized the repurchase of the remaining 266,639 shares of its common stock under the repurchase plan originally authorized in February 2022.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:14 pm

MGA

SERV

Serve Robotics Inc. (SERV) has expanded its agreement with Magna International Inc. (MGA) to scale up the manufacturing of its autonomous delivery robots, aiming to deploy up to 2,000 robots for Uber Eats and for geographic expansion. This collaboration leverages Magna's manufacturing expertise and Serve's technology, marking a significant step in Serve's growth and the adoption of robotics in logistics.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:04 pm

APH

Amphenol announces a new three-year, $2 billion open market stock repurchase program, having completed its existing repurchase plan in April 2024.

Portfolio Pulse from Benzinga Newsdesk

April 24, 2024 | 12:03 pm