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USDTUSD

Tether Holdings, the entity behind the stablecoin Tether (CRYPTO: USDT), plans to publish reserve data in real-time in 2024, according to Paolo Ardoino, the company's soon-to-be CEO. Currently, Tether updates its reserve data daily and provides monthly and quarterly reserve reports. Despite market challenges in 2023, Tether reported a 5.7% growth in assets to $86.5 billion and an operational profit exceeding $1 billion, a 30% increase from the previous quarter.

Portfolio Pulse from Murtuza Merchant

October 20, 2023 | 8:17 pm

CGA

China Green Agriculture (CGA) has received a notice from the New York Stock Exchange (NYSE) regarding its late filing of Form 10-K. The company is expected to submit the form within the grace period provided by NYSE.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 8:16 pm

PSFE

Binance, the cryptocurrency exchange, has announced new partnerships for Euro services, expanding its European influence. The new partners, including fintech firm TrueLayer and global payment tech company Nuvei, will provide EUR transactions via Open Banking and SEPA/SEPA Instant. This comes after Binance's previous Euro banking partner, Paysafe (NYSE:PSFE), ended its relationship with Binance in September. Binance is currently facing regulatory challenges and has halted operations in Germany, Netherlands, and Cyprus.

Portfolio Pulse from Khyathi Dalal

October 20, 2023 | 8:16 pm

PRST

Presto Automation Inc has filed for a mixed shelf offering of up to $75 million, according to a SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 8:15 pm

ENER

The board of Accretion Acquisition has approved an extension of the date by which the company would be required to consummate a business combination. The new deadline is November 25, 2023, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 8:12 pm

RYVYL

RYVYL has received a letter from Nasdaq stating that the company is not in compliance with the market value of listed securities standard, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 8:11 pm

ALVO

Alvotech SA has filed for a mixed shelf offering of up to $100 million, according to a SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 8:10 pm

DBX

Dropbox Inc. has entered into a lease amendment for its corporate headquarters, surrendering 165,244 square feet of office space and paying $79.0 million in termination payments. The termination payment of $28.1 million paid in Q4 2023 was not previously factored into the company's full-year free cash flow guidance range of $820 million to $840 million.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 8:09 pm

BMRN

The U.S. Food and Drug Administration (FDA) has approved BioMarin Pharmaceutical Inc.'s (NASDAQ:BMRN) supplemental New Drug Application (sNDA) for VOXZOGO® (vosoritide) to increase linear growth in pediatric patients with achondroplasia. Previously, VOXZOGO was indicated for children who were 5 years of age and older. This expanded indication now includes children of all ages with open growth plates. The company has seen strong patient demand for the medicine worldwide and has secured increased fill-finish commitments in 2024 and beyond to meet this additional demand.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 8:09 pm

COMS

COMSovereign Holding Corp. (NASDAQ:COMS) has received a notice from the Nasdaq Listing Qualifications Staff indicating that the company's securities will be delisted from Nasdaq due to non-compliance with the filing requirement. The company has not yet filed its Form 10-K for the year ended December 31, 2022, and Forms 10-Q for the periods ended March 31, 2023, and June 30, 2023. COMSovereign plans to request a hearing before the Nasdaq Hearings Panel to present its plan to comply with Nasdaq's filing requirement and request an extension.

Portfolio Pulse from Benzinga Newsdesk

October 20, 2023 | 8:08 pm