Applied DNA Sciences Files For Mixed Shelf Of Up To $75M
Portfolio Pulse from Benzinga Newsdesk
Applied DNA Sciences has filed for a mixed shelf offering of up to $75 million, according to an SEC filing.
May 30, 2023 | 8:05 pm
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Applied DNA Sciences filed for a mixed shelf offering of up to $75 million, which may dilute existing shares.
The mixed shelf offering of up to $75 million may lead to dilution of existing shares, potentially causing a short-term negative impact on APDN's stock price. The news is highly relevant and important for investors, and the analysis is based on the SEC filing.
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RELEVANCE 100