Streetbeat News

Regulatory

ALGS

Aligos Therapeutics Inc has filed a prospectus with the SEC for the resale of up to 168.7 million shares of common stock by selling securityholders. This filing indicates that current shareholders may be looking to sell a significant number of shares, which could potentially impact the stock's market price.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 9:42 pm

MOVE

Movano Inc received a notice from Nasdaq on November 14 regarding delisting or failure to satisfy continued listing rules, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 9:39 pm

XGN

Exagen Inc. has disclosed in an SEC filing that it may continue to issue and sell shares of its common stock from time to time, with an aggregate offering price of up to $50 million.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 9:38 pm

MBOT

Microbot Medical Inc has filed with the SEC for a mixed shelf offering, allowing the company to sell various types of securities up to a total of $75 million.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 9:38 pm

GBNH

Greenbrook TMS Inc. has received a notice from Nasdaq regarding its non-compliance with the minimum bid price requirement. The company's stock, GBNH, has not met the $1 minimum bid price for the last 30 consecutive business days. Greenbrook TMS intends to appeal the delisting notice and will request a hearing with the Nasdaq Hearings Panel. During the appeal process, GBNH will continue to trade on the Nasdaq. The company has a 180-day grace period to regain compliance with the minimum bid price requirement.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 9:36 pm

IWM

NVDA

QQQ

SPY

TLT

WMT

XLB

XLRE

US stock markets recorded a third consecutive week of gains, driven by softer-than-expected inflation data. The iShares Russell 2000 ETF (IWM) led with over 5% gains, while the S&P 500 and tech stocks also rose. Real Estate and Materials sectors outperformed, and long-term Treasuries gained. Walmart's stock dropped despite beating sales expectations due to a cautious outlook. Upcoming events include the release of Fed meeting minutes and earnings reports from Nvidia, Lowe's, Analog Devices, and Deere & Company.

Portfolio Pulse from Piero Cingari

November 17, 2023 | 9:36 pm

XELA

Exela Technologies, Inc. (XELA) received a delinquency notice from Nasdaq for not filing its Q3 Form 10-Q on time. The notice is due to the recent appointment of a new accounting firm and follows a previous failure to file the Q2 report. Nasdaq has allowed an extension for Exela to submit an updated compliance plan by November 27, 2023, and the company aims to file the overdue Q2 report by this date and the Q3 report as soon as possible. The deadline to regain compliance is February 5, 2024.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 9:33 pm

AYRWF

CCHWF

CRLBF

VRNOF

Workers at Strawberry Fields dispensary in Columbus, Ohio, voted to join Teamsters Local 413, marking the first unionization in the state's cannabis industry. This follows Ohio's legalization of adult-use cannabis. Union efforts coincide with Republican attempts to revise the legalization law. Successful unionization has also occurred at Ayr Wellness, Cannabist Company Holdings, Cresco Labs, and Verano Holdings across various states.

Portfolio Pulse from Maureen Meehan

November 17, 2023 | 9:32 pm

COIN

Coinbase Global Inc has announced that Interac, a payment processor, is experiencing an outage affecting CAD withdrawals. Canadian customers are advised to use PayPal for withdrawals while the situation is being monitored.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 9:32 pm

YGF

YanGuFang International Group Inc. (YGF) has received a notice from Nasdaq due to the late filing of its Form 20-F. The company is required to submit the form to maintain its listing on the Nasdaq Stock Market. YGF must submit a plan to regain compliance within the given timeframe to avoid potential delisting.

Portfolio Pulse from Benzinga Newsdesk

November 17, 2023 | 9:32 pm