Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Applied DNA Sciences (APDN) just unveiled an announcement.
Applied DNA Sciences, Inc. has entered into an agreement with Craig-Hallum Capital Group LLC and Laidlaw & Company for a securities offering, involving over 9 million units at $1.30 each, raising approximately $12 million. The units consist of common stock and warrants, with a special meeting planned to approve warrant exercises. The offering includes provisions for cashless warrant exercises and beneficial ownership limits, while the company and its insiders adhere to a lock-up period post-closing.
Find detailed analytics on APDN stock on TipRanks’ Stock Analysis page.