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VXRT

Vaxart has announced a $40 million underwritten offering of 50 million common stock shares at $0.80 per share. The offering is expected to close around June 17, 2024, pending customary closing conditions.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:50 am

ARM

Arm Holdings will join the Nasdaq-100 Index starting June 24, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:32 am

RARE

Ultragenyx has announced a $350 million public offering of 7,435,898 common shares at $39 per share and pre-funded warrants. The offering includes pre-funded warrants to purchase 1,538,501 shares at $38.999 per warrant. The gross proceeds are expected to be $350 million before expenses.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:27 am

GANX

Gain Therapeutics has announced the pricing of an $11 million public offering, which includes 7,116,547 shares of common stock at $1.35 per share and pre-funded warrants for 1,031,602 shares. The pre-funded warrants are immediately exercisable.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:25 am

BURU

NUBURU has announced its intention to appeal the NYSE's decision to delist its common stock. The company is taking steps to address the situation and maintain its listing status.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:20 am

RZLT

Rezolute has announced a $60 million public offering, pricing 11.25 million common shares at $4 per share and pre-funded warrants at $3.999 each.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:10 am

BITF

RIOT

Riot Platforms Inc. (NASDAQ:RIOT) has increased its stake in Bitfarms Ltd. (NASDAQ:BITF) to 14% as part of a hostile takeover bid. Riot purchased an additional $3.87 million worth of Bitfarms shares, bringing its total ownership to 57.62 million shares. Bitfarms has implemented a 'poison pill' strategy to prevent the takeover. Riot's CEO criticized this move and expressed intentions to call for a special shareholder meeting. Bitfarms announced plans to develop a large-scale mining site in Pennsylvania.

Portfolio Pulse from Aniket Verma

June 14, 2024 | 6:00 am

BBJP

DXJ

EWJ

Japan's industrial production for April decreased by 0.9% month-over-month, which is significantly worse than the estimated decline of 0.1% and the previous month's increase of 4.4%.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 4:35 am

BBJP

DXJ

EWJ

The Bank of Japan has decided to keep its interest rate unchanged at 0.10%. This decision is likely to impact various Japan-focused ETFs listed in the US, such as BBJP, DXJ, and EWJ.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 4:06 am

ETHUSD

LINKUSD

SHIBUSD

Despite a recent drop in prices, Ethereum, Shiba Inu, and Chainlink show long-term bullish signals as the supply held by top exchange wallets has decreased significantly. This indicates accumulation and confidence among long-term investors.

Portfolio Pulse from Aniket Verma

June 14, 2024 | 3:08 am