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APDN announced a financing of up to $58 million, transforming into a BNB encryption treasury (DAT) company.
On September 30, according to BusinessWire, the US-listed company Applied DNA Sciences (APDN) announced a private equity financing (PIPE) of up to $58 million for the transformation into a BNB encryption treasury (DAT) company, having previously received a total investment commitment of $27 million. The financing is expected to be completed on October 1, and the company plans to change its stock code to "BNBX."