ADVFN US – Market Content Editor

Eventbrite Inc. (NYSE:EB) surged 78.6% in premarket trading on Tuesday after revealing it has signed a definitive agreement to be acquired by Bending Spoons in an all-cash deal worth roughly $500 million. According to the terms outlined in the announcement, Eventbrite shareholders will receive $4.50 per share in cash, an offer that represents an 82%…

Scholastic Corporation (NASDAQ:SCHL) rallied 5.2% in Tuesday’s premarket session after revealing that it has reached binding agreements to sell both its New York City headquarters and its Missouri distribution center through sale-leaseback arrangements expected to generate $401 million in net proceeds. The children’s publishing giant announced that it will sell its historic 555–557 Broadway headquarters…

Tiziana Life Sciences Ltd (NASDAQ:TLSA) slid 7.8% in premarket trading on Tuesday after announcing that it intends to separate its anti-IL-6 receptor monoclonal antibody, TZLS-501, into an independently listed public company. According to Tiziana, the move aims to “enhance the strategic focus of each company and to drive value for shareholders.” Investors on a to-be-determined…

Blackbaud (NASDAQ:BLKB) jumped 5.3% in premarket trading Tuesday after unveiling a new partnership with Anthropic and announcing a major expansion of its share repurchase program. The Charleston-based software firm, known for its tools serving nonprofits and social impact organizations, said it will supply the fundraising connector for Claude for Nonprofits. The integration links Blackbaud’s data…

Token Cat Limited (NASDAQ:TC) climbed 4.1% in Tuesday’s premarket session after the company unveiled a major strategic shift: its board has signed off on a Crypto Asset Investment Policy that will allow up to $1 billion of its cash reserves to be deployed into select digital assets. According to the announcement, Token Cat intends to…

Gilat Satellite Networks Ltd. (NASDAQ:GILT) saw its stock rise 3.4% on Tuesday after the company revealed it has won a contract valued at roughly $10 million to supply a tailored Earth Observation Solution. The project, scheduled for delivery over the next year, marks a strategic push for Gilat as it broadens its capabilities beyond traditional…

enGene Holdings Inc. (NASDAQ:ENGN) traded 2% higher on Tuesday after the company revealed that the FDA has selected its bladder cancer therapy for a specialized program aimed at accelerating manufacturing readiness. The gene-medicine developer announced that its lead non-viral gene therapy candidate, detalimogene voraplasmid, has been accepted into the FDA’s Chemistry, Manufacturing, and Controls (CMC)…

Silexion Therapeutics Corp (NASDAQ:SLXN) slipped 4% in Tuesday’s premarket session after the biotech firm announced it received written Scientific Advice from Germany’s Federal Institute for Drugs and Medical Devices (BfArM) concerning its planned Phase 2/3 study for SIL204. The RNA interference drug developer characterized the guidance as both “positive” and “an important milestone,” signaling regulatory…