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ODD

ODDITY Tech's stock is trading lower following the announcement of a secondary offering of 4 million Class A ordinary shares.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 9:01 pm

OPAL

OPAL Fuels Inc. (NASDAQ:OPAL) announced a significant change in its share structure, with Fortistar LLC exchanging 71.5 million shares of Class D common stock for an equal number of Class B common stock, reducing its voting control. This move is anticipated to make OPAL's Class A common stock eligible for inclusion in stock market indices, potentially affecting its attractiveness to investors, although inclusion and its impact on stock price are uncertain.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:50 pm

CTOS

Custom Truck One Source (CTOS) has announced that its board has approved a stock repurchase program, allowing the company to buy back up to $25 million of its shares of common stock, as per an SEC filing on March 11.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:47 pm

ODD

ODDITY Tech Ltd. announced a secondary public offering of 4M Class A ordinary shares by L Catterton. ODDITY will not sell any shares nor receive proceeds from this offering. Goldman Sachs, J.P. Morgan, Morgan Stanley, Allen & Company, Evercore Group, and Barclays are the joint lead book-running managers.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:46 pm

GEHC

GE HealthCare Technologies' stock is trading lower following the announcement of a secondary offering of 13 million shares of its common stock.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:44 pm

GE

GEHC

GE HealthCare Technologies has initiated a secondary offering of 13 million shares of its common stock. The shares are being sold by Morgan Stanley Bank, N.A., an affiliate of Morgan Stanley & Co. LLC, which acquired the shares through a debt-for-equity exchange with General Electric Company (GE). GE HealthCare will not receive any proceeds from this offering.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:39 pm

EQIX

Equinix announced a leadership transition set for late Q2 2024, with current President and CEO Charles Meyers moving to Executive Chairman. Adaire Fox-Martin, a Google Cloud executive, has been selected as the next CEO. This strategic move aims to steer Equinix into its next growth phase, leveraging Fox-Martin's extensive experience in cloud services.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:37 pm

MINM

Minim, Inc. (NASDAQ:MINM) has announced a definitive merger agreement with e2Companies, LLC, in an all-stock transaction. The merger, expected to close in Q2 2024, will result in the combined entity operating as e2Companies, Inc. and trading on the Nasdaq Capital Market. The merger aims to accelerate the commercialization of AI data-driven networking solutions for grid modernization. Post-merger, e2Companies will become a wholly owned subsidiary of Minim, with e2Companies' interest holders owning approximately 97% and Minim's securityholders owning about 3% of the combined company.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 8:34 pm

GHLD

Guild Holdings shares dropped following disappointing Q4 revenue results. The company also extended its share repurchase program until May 5th.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:33 pm

GHLD

The board of Guild Holdings Company extended its share repurchase program until May 5, indicating confidence in the company's financial health and potentially signaling a positive outlook to investors.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 8:32 pm