Applied DNA Sciences announces a $6.5m offering for Therapeutic DNA development and general needs.

Applied DNA Sciences announced a registered direct offering and private placement aimed at raising approximately $6.5 million. The offering includes 20,312,500 shares of common stock priced at $0.32 each, along with Series C and D warrants. Proceeds will support the development of Therapeutic DNA Production Services and cover general corporate needs. The offering is expected to close by October 31, 2024, pending customary conditions.

October 30, 2024
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