Streetbeat News

LGVC

LAMF Global Ventures Corp I

Open

6.81

Mkt cap

101M

Volume

53K

High

8.56

P/E Ratio

-47.71

52-wk high

21.50

Low

6.48

Div yield

N/A

52-wk low

6.02

Nuvo Group Ltd. and LAMF Global Ventures Corp. I (NASDAQ: LGVC) announced their business combination is expected to close on May 1, 2024. Nuvo, a pioneer in remote pregnancy monitoring, will trade under new ticker symbols 'NUVO' and 'NUVOW' on Nasdaq starting May 2, 2024. This move aims to accelerate Nuvo's market presence, commercial growth, and innovation in pregnancy care. The combination was approved by LAMF's shareholders on April 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 12:39 pm

Byrna Technologies Inc. shares rose by 7.1% after reporting Q1 revenue that exceeded expectations and announcing a CFO transition. Other stocks also moved significantly in the mid-day session, with notable gainers including MediaCo Holding Inc., HUB Cyber Security Ltd., and GCT Semiconductor Holding, Inc., among others. Losers included Semantix, Inc., noco-noco Inc., and IM Cannabis Corp. Key reasons for movements include stake acquisitions, financing deals, MOUs, earnings reports, and analyst ratings.

Portfolio Pulse from Avi Kapoor

April 05, 2024 | 5:06 pm

Reliance Global Group, Inc. (RELI) shares fell by 11.3% in pre-market trading after reporting a net loss of $12.0 million for 2023, contrasting with a net income of $6.5 million in 2022. Other stocks showed significant movement in pre-market trading, with notable gainers including MediaCo Holding Inc. (MDIA), Nutex Health Inc. (NUTX), and 22nd Century Group, Inc. (XXII), among others. Losers included Semantix, Inc. (STIX) and HWH International Inc. (HWH), with STIX reporting a voluntary delisting from the Nasdaq Global Market.

Portfolio Pulse from Avi Kapoor

April 05, 2024 | 9:45 am

Flora Growth Corp. (NASDAQ:FLGC) shares fell by 20.2% in pre-market trading following the announcement of a proposed underwritten public offering of common shares. Other stocks also showed significant movement in pre-market trading, with HWH International Inc. (NASDAQ:HWH) rising 175% and Casa Systems, Inc. (NASDAQ:CASA) declining 20.8%. Various factors influenced these movements, including earnings reports, merger agreements, and public offerings.

Portfolio Pulse from Avi Kapoor

April 04, 2024 | 11:58 am

Ulta Beauty, Inc. (ULTA) shares fell by 13.7% following a weak outlook presented at the J.P. Morgan Retail Roundup. Other stocks experienced significant movements, with ARCA biopharma, Inc. (ABIO) and Kintara Therapeutics, Inc. (KTRA) seeing substantial gains due to merger agreements. Vanda Pharmaceuticals Inc. (VNDA) and VivoPower International PLC (VVPR) also saw notable increases. On the downside, Casa Systems, Inc. (CASA) and View, Inc. (VIEW) plummeted after filing for Chapter 11 bankruptcy.

Portfolio Pulse from Avi Kapoor

April 03, 2024 | 5:56 pm

LAMF Global Ventures Corp. I (LGVC) shares are experiencing an uptick following shareholder approval of its business combination with Nuvo. This strategic move is anticipated to enhance LGVC's market position and growth prospects.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:20 pm

Shares of ARCA Biopharma (ABIO) surged 165% following a merger announcement with Oruka Therapeutics. LAMF Global Ventures Corp. I (LGVC) shares jumped 193% after shareholders approved a business combination with Nuvo Group Ltd. Helius Medical Technologies, Inc. (HSDT) saw a 50% increase in its shares after announcing a partnership with Lovell Government Services to expand the reach of its PoNS Therapy.

Portfolio Pulse from ryanfaloona@benzinga.com

April 03, 2024 | 12:41 pm

Cal-Maine Foods, Inc. (NASDAQ:CALM) shares rose by 8.3% in pre-market trading after reporting Q4 earnings of $3.00 per share, surpassing the consensus estimate of $2.46. Other stocks also showed significant movement in pre-market trading, with LAMF Global Ventures Corp. I (NASDAQ:LGVC) and Aesthetic Medical International Holdings Group Limited (NASDAQ:AIH) among the top gainers. Conversely, View, Inc. (NASDAQ:VIEW) and Acorda Therapeutics, Inc. (NASDAQ:ACOR) led the pre-market losers.

Portfolio Pulse from Avi Kapoor

April 03, 2024 | 12:11 pm

LAMF Global Ventures Corp. I's shareholders have approved a business combination with Nuvo Group Ltd., a remote pregnancy monitoring platform. The merger involves LAMF, Nuvo, Holdco Nuvo Group D.G Ltd., Nuvo Assetco Corp., and H.F.N Insight Merger Company Ltd. Over 93.4% of LAMF's Class A ordinary shares voted in favor. Post-merger, the combined entity will be listed on Nasdaq under the ticker 'NUVO', with warrants under 'NUVOW'. Approximately 2.9 million LAMF shares were redeemed at $11.03 each, leaving about $434,982 in the trust account.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:02 pm

LAMF Global Ventures Corp. I has extended the deadline to complete its initial business combination from February 16, 2024, to April 16, 2024. This adjustment marks the fourth and fifth extension, with a total of up to six one-month extensions allowed under the company's governing documents.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 9:52 pm

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