Hawaiian Electric Industries, Inc. ( HE ) shares are trading lower on Thursday. Hawaiian Electric entered into an Equity Distribution Agreement to issue common shares of up to $250 million. The company is issuing shares through several agents Wells Fargo Securities, LLC, Barclays Capital Inc., and Guggenheim Securities, LLC. via an “at the market offering.” The agents will follow the...

Seelos Therapeutics ( SEEL ) shares are trading higher Tuesday after the company signed a material transfer agreement with the U.S. Army Medical Materiel Development Activity (USAMMDA) to supply intranasal racemic ketamine (SLS-002) for the Department of Defense’s Military and Veterans Adaptative Platform Clinical Trial for PTSD. The Details: The study, funded by the Department of Defense’s Health agency and led...

Mullen Automotive, Inc. ( MULN ) shares continue to slide Tuesday despite corporate updates from CEO David Michery.  The Details: Michery is featured in a video released Tuesday morning in which he states the company was compelled to do another reverse split to work towards regaining compliance with Nasdaq’s minimum bid price rule, and the current stock price does not...

02:24 PM EDT, 09/24/2024 (MT Newswires) -- (Updates with details from the company's statement in the sixth paragraph.) Invitation Homes ( INVH ) has agreed to a $48 million settlement with the Federal Trade Commission for an array of alleged unlawful actions against its tenants, the regulator said Tuesday. The $48 million will be used to refund consumers harmed by...