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Applied Therapeutics Inc. (APLT) Prices $30M Offering at $1/sh

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Applied Therapeutics, Inc. Announces Pricing of $30 Million Public Offering of Common Stock and Warrants

June 22, 2022 10:13 PM EDT

NEW YORK, June 22, 2022 (GLOBE NEWSWIRE) -- Applied Therapeutics, Inc. (NASDAQ: APLT) (the Company), a clinical-stage biopharmaceutical company developing a pipeline of novel drug candidates against validated molecular targets in indications of high unmet medical need, today announced the pricing of its underwritten public offering of 20.0 million shares of its common stock, par value $0.0001 per share, 10.0 million pre-funded warrants to purchase common stock in lieu of common stock to certain investors, and accompanying warrants (common warrants) to purchase up to 30.0 million shares of its common stock. Each share of common stock and accompanying... More