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Equity Actions

LW

Jana Partners, in collaboration with Continental Grain, has acquired a 5% stake in Lamb Weston and may push for a sale and board seats. This activist move could lead to significant changes in the company's strategic direction.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:42 pm

BSRR

Sierra Bancorp has announced a new share repurchase program, allowing the buyback of up to 1 million shares from November 1, 2024, to October 31, 2025. This program replaces the previous one and may include a 10b5-1 plan for repurchases.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:05 pm

DRUG

Bright Minds Biosciences has announced a $35 million private placement of common shares and pre-funded warrants at $21.70 per share. The pre-funded warrants are exercisable at $0.001 per share for up to five years.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 12:03 pm

SOBR

SOBR Safe shares increased after the company announced it filed a form RW, indicating it will not pursue a public offering at this time.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 11:59 am

SOBR

SOBR Safe, Inc. (NASDAQ:SOBR) shares surged 116.3% premarket after the company decided not to proceed with a proposed public offering and announced a private placement expected to raise $8.2 million.

Portfolio Pulse from Lekha Gupta

October 18, 2024 | 11:06 am

FANH

Fanhua is rebranding to AIX Inc., changing its ticker from 'FANH' to 'AIFU' on Nasdaq effective October 23, 2024. The name change is pending shareholder approval on October 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 8:41 am

CCEP

Coca-Cola Europacific Partners (CCEP) has announced a shift in its UK listing category from Equity Shares (Transition) to Equity Shares (Commercial Companies), which may make it eligible for inclusion in the FTSE index.

Portfolio Pulse from Benzinga Newsdesk

October 18, 2024 | 6:51 am

ZCAR

Zoomcar plans a 1-for-100 reverse stock split effective October 21, 2024, with trading on a split-adjusted basis starting October 22, 2024. The stock will continue trading on Nasdaq under the symbol 'ZCAR'.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:45 pm

SOBR

SOBR Safe shares are experiencing an increase in trading value following the company's decision to file a form RW, indicating that it will not proceed with a public offering at this time.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:35 pm

SOBR

SOBR Safe has filed a Form RW with the SEC, indicating that it will not proceed with its planned public offering at this time. The SEC has not declared the registration statement effective, and no securities were sold.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2024 | 8:33 pm