obnb

ChainCatcher news, Applied DNA Sciences, Inc. (NASDAQ: BNBX), a biotechnology company focused on advancing a revenue-driven BNB digital asset treasury strategy and commercializing nucleic acid production solutions, today announced the successful completion of its previously announced private investment in public equity (PIPE) financing, which was co-led by institutional DeFi and TradFi investors.This PIPE financing brings the company approximately $27 million in total proceeds (before underwriting and related fees), with the potential to obtain up to an additional $31 million through the exercise of warrants in the future. The total proceeds from this PIPE include: $15.3 million in cash and stablecoins; and $11.71 million worth of units of OBNB trust. The company received 0.126 units of OBNB trust for each prefunded warrant and common warrant, totaling 435,638 trust units, representing an indirect ownership of 10,647 BNB tokens. Additionally, the company announced today that it has acquired an additional 4,908 BNB tokens, with a total value of approximately $53 million as of October 20, 2025, at 10:00 PM Eastern Time.