CleanCore Solutions (ZONE) raised $175 million through a private investment in public equity, selling 175 million prefunded warrants at $1 each.

The stock fell 54% as intraday volume topped 5.19 million shares, compared with the daily average of about 105,000.

Kraft Heinz (KHC) said its board approved a plan to split the company into two publicly traded entities through a tax-free spinoff.

The shares slid 7.4% with volume topping 28.9 million, versus the daily average of almost 14.9 million.

Purple Biotech (PPBT) said in a regulatory filing Friday that it plans to offer, from time to time, up to 2.7 million American depositary shares, representing over 540.5 million common shares, at an estimated combined price of $2.22 per ADS.

The shares dropped 27% as volume topped 300,500, versus the daily average of almost 101,000.

Price: 3.18, Change: -3.69, Percent Change: -53.72