Streetbeat News

Equity Actions

JAMF

Jamf Holding has entered into an underwriting agreement on May 13, allowing selling stockholders to sell 9 million shares of common stock to underwriters at a price of $17.52 per share, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 8:29 pm

SHBI

Shore Bancshares has filed for a mixed shelf offering of up to $175 million, according to an SEC filing. This move allows the company to issue various types of securities, including common stock, preferred stock, debt securities, and warrants, providing flexibility to raise capital as needed.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 8:29 pm

AVGR

Avinger, Inc. (NASDAQ:AVGR) has converted $11 million of its debt with CRG Partners III L.P. into preferred equity, reducing its debt to $2.6 million and increasing stockholders' equity by $11 million.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 8:28 pm

CPOP

Pop Culture Group's CFO Renrong Zhu has resigned as of May 10, and Yunzhu Chen has been appointed as the new CFO.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 8:24 pm

AXS

AXIS Capital's board has approved a new share repurchase program authorizing up to $300 million in common shares.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 8:20 pm

ACDC

ProFrac Holding announced that Lance Turner will resign as CFO effective June 17, 2024, and Austin Harbour will be named as the new CFO. Turner will serve as a consultant to ensure a smooth transition.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 8:20 pm

DV

DoubleVerify (DV) has announced a $150 million share repurchase program, which will be funded from existing cash and future cash flows. As of March 31, 2024, DV had $302 million in cash and cash equivalents and 172 million shares outstanding as of April 29, 2024.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 8:18 pm

KAI

Kadant Inc. has authorized a share repurchase program of up to $50 million. This move is likely to impact the company's stock price in the short term.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 8:17 pm

CAKE

Cheesecake Factory is offering 2.4 million shares priced between $39.47 and $39.88 each, aiming to raise up to $95.7 million.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 8:15 pm

CBRL

Cracker Barrel has announced that it will maintain its current share repurchase authorization, which has $138 million of remaining availability.

Portfolio Pulse from Benzinga Newsdesk

May 16, 2024 | 8:13 pm