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SYT

SYLA Technologies Co., Ltd. (NASDAQ:SYT) and its subsidiary SYLA Solar have formed a Comprehensive Business Alliance with LIVE THE CREATIVE to innovate solar power plant development. The partnership aims to enhance the efficiency and precision of solar power plant development through the integration of advanced technologies, including drone-based land surveys and laser scanning. This collaboration is expected to streamline the development process, improve land utilization, and support ESG objectives by promoting renewable energy and reducing greenhouse gas emissions.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:17 pm

TNDM

Tandem Diabetes Care, Inc. (NASDAQ:TNDM) announced a proposed private placement of $250M Convertible Senior Notes due 2029, with an option for initial purchasers to buy an additional $37.5M. The proceeds will be used for capped call transactions, repurchasing 1.50% Convertible Senior Notes due 2025, and up to $30M of its common stock. The interest rate and conversion rate will be determined at pricing.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:14 pm

KIDS

OrthoPediatrics Corp. announced the launch of its RESPONSE Rib and Pelvic Fixation System, specifically designed for treating EOS (Early Onset Scoliosis). This new system aims to provide a comprehensive solution for pediatric patients suffering from this condition, enhancing the company's portfolio in pediatric orthopedic solutions.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:10 pm

STXS

Stereotaxis, Inc. has announced that it has recently made regulatory submissions in both Europe and the US for its MAGiC Catheter, signaling a significant step towards the commercialization of this new technology.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:08 pm

APGE

Apogee Therapeutics, Inc. (NASDAQ:APGE), a clinical-stage biotech company, announced it will report interim results from its Phase 1 APG777 healthy volunteer trial for atopic dermatitis and other inflammatory diseases on March 5, 2024. The company will host a conference call and webcast at 7:00am ET to discuss the results. The webcast will be accessible on Apogee's Investor Relations page.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 9:02 pm

TSLA

A Tesla Cybertruck was involved in an accident at the Beverly Hills Hotel in Los Angeles, causing property damage. The incident occurred on the first day the owner took possession of the vehicle. Despite the Cybertruck's robust construction, the accident highlights that it can still sustain damage.

Portfolio Pulse from Benzinga EV Insights

March 04, 2024 | 8:51 pm

ENCP

Energem shares are trading higher following an announcement from its merger partner about accelerating the timeline for a new manufacturing plant in Malaysia. This development is seen as a positive move for Energem, potentially boosting its future revenue and growth prospects.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 8:47 pm

AVDL

Avadel announced that the jury's decision will not affect the commercial launch or the potential of LUMRYZ to transform the lives of people with narcolepsy.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 8:41 pm

AVDL

JAZZ

Avadel Pharmaceuticals (NASDAQ:AVDL) responded to a jury ruling in a patent suit by Jazz Pharmaceuticals (NASDAQ:JAZZ) regarding LUMRYZ, a narcolepsy treatment. The jury ruled in favor of Avadel for one patent and against it for another. Avadel plans to appeal the unfavorable decision but does not expect it to affect LUMRYZ's commercial launch. LUMRYZ, approved by the FDA for narcolepsy treatment, has shown significant improvements in patients and has been granted seven years of Orphan Drug Exclusivity.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 8:39 pm

WULF

TeraWulf Inc. (NASDAQ:WULF) has exercised its option to increase energy resources by an additional 50 MW at the Nautilus facility in Pennsylvania, doubling its bitcoin mining capacity to 100 MW. This expansion, expected to be operational in 2025, will benefit from zero-carbon power at a fixed rate of 2.0 cents per kilowatt-hour. The company highlights the value of its Lake Mariner facility in NY with over 300 MW of available capacity and its position for success post-bitcoin halving due to its low cost of power.

Portfolio Pulse from Benzinga Newsdesk

March 04, 2024 | 8:38 pm