Applied DNA Announces $1.65 Million Private Placement of Secured Convertible Notes
Applied DNA Sciences, Inc. (APDN)
Last applied dna sciences, inc. earnings: 8/10 04:05 pm
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US:NASDAQ Investor Relations:
adnas.com/molecular-based-security/investors
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Source: Business Wire
STONY BROOK, N.Y.--(BUSINESS WIRE)-- Applied DNA Sciences Inc., (NASDAQ: APDN, “Applied DNA” or the “Company”), the leader in large-scale PCR-based DNA manufacturing, today announced the closing in the amount of $1.65 million of secured convertible notes (the “Notes”) by way of a non-brokered private placement with accredited investors and certain members of its management team and Board of Directors, led by its Chairman, President and Chief Executive Officer. The Company expects to use the proceeds for general corporate purposes. “This investment enhances our balance sheet and supports our pursuit of pre-commercial revenue opportunities in the synthetic textile, pharmaceutical and legal cannabis markets that we believe will further diversify our revenue streams beyond our core cotton market. Having demonstrated success in penetrating large and developing markets with substantial issues with supply chain
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- ‘Significant' Volume of Xinjiang Cotton Mislabeled as US or Brazilian [Yahoo! Finance]Yahoo! Finance
- Applied DNA Regains Compliance with Nasdaq Minimum Bid Price Requirement [Yahoo! Finance]Yahoo! Finance
APDN
Earnings
- 5/10/24 - Miss
APDN
Sec Filings
- 5/10/24 - Form 8-K
- 5/10/24 - Form 10-Q
- 5/1/24 - Form SC
- APDN's page on the SEC website