Applied DNA Sciences Prices $11.46 Million Public Offering

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Applied DNA Sciences (APDN) Prices 3.82M Share Common/Warrant Offering at $3

March 27, 2015 9:06 AM EDT

Applied DNA Sciences (NASDAQ: APDN) priced its previously announced underwritten public offering of 3,820,000 shares of its common stock and warrants to purchase up to an aggregate of 1,528,000 shares of common stock, at a combined public offering price of $3.00. The warrants have an exercise price of... More

Applied DNA Sciences (APDN) Prices $11.46M Offering of Stock and Warrants

March 27, 2015 9:05 AM EDT

Applied DNA Sciences, Inc. (NASDAQ: APDN) announced that it has priced its previously announced underwritten public offering of 3,820,000 shares of its common stock and warrants to purchase up to an aggregate of 1,528,000shares of common stock, at a combined public offering price of $3.00. The warrants have an exercise price of $3.50 per share, expire on November 20, 2019 and will trade under the symbol APDNW.

The gross proceeds to the Company from this offering are estimated to be approximately $11.46 million before deducting the underwriting discount and other... More