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.

5 months ago
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