Applied DNA Sciences prices $12M stock offering

Aug. 04, 2022 9:34 AM ETApplied DNA Sciences, Inc. (APDN)By: Shweta Agarwal, SA News Editor
  • Applied DNA Sciences (NASDAQ:APDN) on Thursday has priced the $12M stock offering at $4 per unit, which compares with stock's last close of $4.10.
  • The offering comprises APDN's 3M common shares together with Series A and Series B warrants to purchase up to 3M additional shares each.
  • The company said it intends to use the net proceeds from this offering for further development of the Company’s Therapeutic DNA Production and MDx Testing Services, as well as general corporate purposes.
  • Closing of the offering is expected on Aug. 8, 2022.
  • Shares are up 8.5% in early trading session on Thursday.

Recommended For You


To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.