Streetbeat News

Regulatory

AOUT

American Outdoor Brands has been approved for a $10M repurchase program, which will commence on October 2 and run through September 30, 2024, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 8:18 pm

ATAI

atai Life Sciences has completed a Phase 1 study of VLS-01 in healthy participants, with favorable safety profile and dose-dependent increases in exposure observed. The company plans to progress VLS-01 into a Phase 1b study and expects to enroll the first participant in 1H 2024.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 8:16 pm

LFLY

Leafly Holdings, Inc. (LFLY) has regained compliance with Nasdaq's minimum bid price requirement. The company received a notification from Nasdaq stating that it has maintained a closing bid price of $1.00 per share or more for a minimum of 10 consecutive business days, thereby regaining compliance.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 8:15 pm

STAF

Staffing 360 Solutions has adopted a limited duration stockholder rights plan. The rights will be exercisable only if any entity, person or group acquires 10% (or 20% in the case of certain passive investors) or more of the company's outstanding Voting Stock in a transaction not approved by the Board.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 8:09 pm

THRD

Third Harmonic Bio Inc has filed for a mixed shelf offering of up to $400 million, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 8:05 pm

MU

A bipartisan group of US senators, including Senate Majority Leader Chuck Schumer and Senator Mike Crapo, plan to visit China and discuss Micron Technology Corp.'s business issues in the country. Micron faces an ongoing probe by the Chinese government's cybersecurity administration.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 7:56 pm

CVS

HSY

MDLZ

NVO

PEP

SJM

The rise of obesity and diabetes drugs like Novo Nordisk's Wegovy and Ozempic is causing concerns about the future of the snacking industry. However, companies like J.M. Smucker's, Hershey Co, Mondelez International, and PepsiCo remain optimistic, citing the enduring popularity of snacks and the shift towards healthier options. High costs and limited insurance coverage for these drugs, with exceptions like CVS Health Corp's Aetna, also play a role.

Portfolio Pulse from Vandana Singh

October 02, 2023 | 7:47 pm

DISH

The Federal Communications Commission (FCC) has announced that Dish Network Corp will pay $150,000 to resolve a space debris enforcement action.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 6:32 pm

INTZ

Intrusion Inc has agreed to settle a matter with the SEC without admitting or denying the allegations. The consent and proposed final judgment does not include any monetary penalty against the company.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 6:08 pm

INTZ

Intrusion Inc has received a notice from Nasdaq stating that the company is not in compliance with the minimum bid price requirement. The company has also consented to the entry of final judgment related to an SEC investigation.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2023 | 6:07 pm