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Stock impact report

Applied DNA Sciences Announces Private Placement of Up To $58 Million To Initiate BNB Treasury Strategy and BNB Native Yield Generation

Applied DNA Sciences, Inc. (APDN) 
Last applied dna sciences, inc. earnings: 8/10 04:05 pm Check Earnings Report
Company Research Source: Business Wire
Appoints TradFi and DeFi Leaders as Advisers, Including Anthony ScaramucciEnhanced Staking and Yield Strategy Focused on BNB Native Yield Integrating DeFi and Binance Ecosystem ExpertiseOffering Led by Institutional and Crypto-Native Investors including Galaxy, Off The Chain, Silvermine and Gaia Digital Assets STONY BROOK, N.Y.--(BUSINESS WIRE)--Applied DNA Sciences, Inc. (NASDAQ: APDN) (“Applied DNA” or the “Company”), a biotechnology company focused on providing nucleic acid production solutions, today announced up to $58 million in commitments for a private investment in public equity (“PIPE”) offering led by institutional investors to initiate a digital asset treasury strategy based on BNB, the native cryptocurrency of the Binance blockchain ecosystem, the world’s largest cryptocurrency exchange1. Following the closing, the Company intends to begin deploying funds to acquire BNB, creating a gateway for institutional and retail investors to participate in the BNB blockchain and Show less Read more
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