Streetbeat News

Regulatory

BHAT

Blue Hat Interactive Entertainment Technology has filed for a mixed shelf of up to $150 million, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 8:14 pm

KBNT

Kubient has announced an organizational change that is expected to reduce its current annualized expenses, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 8:14 pm

KBNT

Kubient is expected to recognize restructuring charges in connection with a workforce reduction plan. The severance and benefit continuation charges are estimated to be about $320,000, expected in Q4 2023, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 8:13 pm

LPCN

Lipocine Inc. (LPCN) has received a termination notice from Antares Pharma for their license agreement, which will be effective from January 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 8:12 pm

MRAI

Marpai Inc has received a notification letter from Nasdaq indicating that the company did not satisfy the requirement for continued listing, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 8:08 pm

ADXN

Addex Therapeutics (NASDAQ:ADXN) plans to change its American Depositary Shares (ADSs) to ordinary shares ratio from 1:6 to 1:120, effective around October 23, 2023. This change is equivalent to a 1 for 20 reverse ADS split, aimed at regaining compliance with the Nasdaq minimum bid price requirement. The company's ADSs will continue to be traded on the Nasdaq Capital Market under the ticker symbol 'ADXN'. The change is expected to proportionally increase the company's ADS trading price.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 8:02 pm

ABT

PRGO

The FDA has issued an updated compliance program for infant formula, which may affect companies such as Abbott Laboratories (ABT) and Perrigo Company (PRGO).

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 7:58 pm

SPY

Cleveland Federal Reserve President, Mester, has stated that the economy is still feeling the impact of the pandemic, according to CNN International.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 7:44 pm

SPY

Cleveland Federal Reserve President Mester has stated that decisions regarding interest rates will be made at the next Fed meeting. She expressed a desire to see inflation return to 2% by the end of 2025.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 7:40 pm

SPY

Cleveland Fed President Mester stated that we are at or very near the peak of rates. The main question is how long the Fed needs to keep rates high. The policy needs to be restrictive for long enough to hit the inflation goal.

Portfolio Pulse from Benzinga Newsdesk

October 06, 2023 | 7:39 pm