Applied dna sciences closes up to $58 million private placement; announces initial bnb holdings valued at over $17 million

Stony brook, n.y.--(business wire)--applied dna sciences, inc. (nasdaq: bnbx) (“applied dna”, “bnbx” or the “company”), a biotechnology company advancing a yield focused bnb digital asset treasury strategy and commercializing nucleic acid production solutions, today announced the successful close of its previously announced private investment in public equity (“pipe”) financing led by institutional defi and tradfi investors. the pipe resulted in gross proceeds of approximately $27 million to th.
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