Streetbeat News

FLAG

First Light Acquisition Group Inc

Open

8.43

Mkt cap

79M

Volume

66K

High

8.70

P/E Ratio

-10.81

52-wk high

13.79

Low

6.65

Div yield

N/A

52-wk low

5.20

First Light Acquisition Group has announced that its business combination transaction with Calidi Biotherapeutics has been approved for listing on the NYSE. The transaction, expected to be completed on September 12, 2023, will provide Calidi with approximately $28 million in gross proceeds. Additionally, Calidi has secured a forward purchase agreement for up to $10 million with a consortium including Meteora Capital LLC, Great Point Capital LLC, and Funicular Funds, LP. The listed company will be named Calidi Biotherapeutics, Inc. and will trade under the ticker symbols 'CLDI' and 'CLDI WS'.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 8:13 pm

Flag has entered into a subscription agreement with Wootton, where Wootton agreed to purchase 45,714 shares of Flag's Class A common stock for $5.25 per share. This results in total gross proceeds of $239,998.50.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 12:52 pm

The article lists the stocks that gained and lost in Tuesday's mid-day session. Notable gainers include Axcella Health, Tivic Health Systems, iCoreConnect, LifeVantage Corporation, and EBET, among others. On the other hand, Antelope Enterprise Holdings, Genius Group, BioNexus Gene Lab, T2 Biosystems, and ReTo Eco-Solutions were among the losers. NIO Inc. also fell by 7.5% after reporting worse-than-expected Q2 financial results and issuing Q3 guidance.

Portfolio Pulse from Lisa Levin

August 29, 2023 | 4:51 pm

US stocks traded mostly flat with the Dow Jones falling around 10 points. Best Buy Co Inc (BBY) posted better-than-expected results for the second quarter with sales of $9.58 billion, beating the analyst consensus estimate of $9.52 billion. Axcella Health Inc. (AXLA), Tivic Health Systems, Inc. (TIVC), and iCoreConnect Inc. (ICCT) saw significant increases in their share prices. Meanwhile, VinFast Auto Ltd. (VFS), Chanson International Holding (CHSN), and First Light Acquisition Group, Inc. (FLAG) experienced drops in their share prices.

Portfolio Pulse from Lisa Levin

August 29, 2023 | 1:44 pm

Shares of First Light Acquisition Group have resumed trading and are moving higher.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2023 | 6:57 pm

Shares of First Light Acquisition Group (FLAG) were halted on a circuit breaker due to a significant increase in price. The stock is now up by 53.5%.

Portfolio Pulse from Happy Mohamed

August 28, 2023 | 6:49 pm

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