Applied DNA Sciences (NASDAQ: APDN) (OTC: APPDW), a leader in polymerase chain reaction (“PCR”)-based DNA manufacturing, announced that it has officially closed the registered direct offering of 1,810,000 shares of common stock. The shares were sold at $8.30 per share, resulting in a total of $15 million for the company. APDN provides molecular technologies that enable supply chain security. The company also offers anti-counterfeiting and anti-theft technology, product genotyping and pre-clinical nucleic acid-based therapeutic drug candidates. Sole placement agent for the offering was Roth Capital Partners.
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About Applied DNA Sciences
Applied DNA is a provider of molecular technologies that enable supply chain security, anti-counterfeiting and anti-theft technology, product genotyping and pre-clinical nucleic acid-based therapeutic drug candidates. The company’s common stock is listed on NASDAQ under ticker symbol APDN (“APDN”), and its publicly traded warrants are listed on OTC under ticker symbol APPDW (“APPDW”). Applied DNA is a member of the Russell Microcap(R) Index. For more information about the company, please visit www.ADNAS.com.
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