Take a look at some of the biggest movers in the premarket: Herbalife Nutrition (HLF) – Herbalife tumbled 9.8% in premarket trading after the nutrition and health products company announced a $250 million convertible note offering. Herbalife plans to use the proceeds to repurchase existing debt and for general corporate purposes. GitLab (GTLB) – GitLab...
ismagilov Canadian mortgage broker Pineapple Financial (PAPL) has filed for a proposed $18M initial public offering on the US market. Pineapple didn’t specify in its filing the price and number of the shares to be offered, but indicated in an attached filing fee schedule that it was looking to raise up to $18M. The company...
DariaRen Adhera Therapeutics (OTCQB:ATRX), which is developing therapies for Parkinson’s disease and diabetes, has filed to uplist its shares to Nasdaq and raise around $35M through a public offering. The biotech group didn’t disclose in its filing the price and number of shares to be offered, but indicated in its filing fee schedule that it...
A general view shows the Tesla logo on the Gigafactory in Gruenheide near Berlin, Germany, August 30, 2022. Annegret Hilse | Reuters Check out the companies making headlines in midday trading. Tesla – The electric vehicle giant slid 6.4% after Bloomberg first reported Tesla planned to cut output of its Model Y by more than...
2d illustrations and photos/iStock via Getty Images ALS drug developer Coya Therapeutics (COYA) has disclosed terms for a proposed upsized $32M initial public offering. Coya said in a filing that it plans to offer 3M shares with warrants to buy 1.5M shares. Each share would be sold with a warrant to buy one-half of one...
DariaRen Jupiter Neuroscience (NASDAQ:JUNS), which is developing therapies based on the nutraceutical resveratrol, has updated pricing for a proposed $15M initial public offering. The biotech firm said that it is now looking to offer 2.6M shares priced at $5.75 per share, a number that could likely change. In August, the company proposed offering 2.5M priced...
The Twitter deal has been finalized, and Elon Musk is “Doing to Twitter What He Did at Tesla and SpaceX: Firing people. Talking of bankruptcy. Telling workers to be ‘hard core,’” said The New York Times on November 21. As the Twitter deal was being finalized, Jack Dorsey, Twitter’s founder and former CEO, announced that he is...
TolikoffPhotography Malaysian wellness company Agape ATP (OTCPK:AATP) (ATPC), which is seeking to uplist to Nasdaq, has cut its proposed public offering by nearly 80% to $10M. In its latest filing, Agape said that it is now seeking to offer 1.6M shares priced between $5.50 and $6.50, which would raise around $10M if priced at the...
Valerii Apetroaiei/iStock via Getty Images Shuttle Pharmaceuticals (NASDAQ:SHPH) stock rocketed 71% in afternoon trading Friday. Shares of the biomedical company, which is working on products to enhance radiation therapy, opened at $1.49, slipping to an early low of $1.47 before climbing to a high of $2.57 in mid-afternoon trading. The stock recently changed hands at...
Jae Young Ju IOT platform provider Samsara (NYSE:IOT) saw its shares jump 20% Friday morning in the wake of an upbeat quarterly earnings report and financial forecast. Shares of Samsara, which went public in last December, opened at $11.80, hitting a high of $12.62 early before slipping to a low of $11.64. The stock recently...