Applied DNA Sciences Completes $27M PIPE Financing for BNB Digital Asset Treasury, Buys 4,908 BNB Tokens

COINOTAG News reports that Applied DNA Sciences, Inc. (NASDAQ: BNBX), a biotechnology firm pursuing a BNB digital asset treasury strategy and nucleic acid production solutions, has completed its Public Investment in Private Equity (PIPE) financing, with institutional DeFi and TradFi backers leading the round. The deal generated approximately $27 million in gross proceeds, with potential for an additional $31 million via warrant exercise, reflecting robust institutional interest in crypto-linked balance-sheet management.

The PIPE financing proceeds comprise a mix of liquidity and programmatic exposure: $15.3 million in cash and stablecoins, and $11.71 million in OBNB Trust Units (units of the OBNB trust). Investors received 0.126 OBNB Trust Units per prefunded warrant and common warrant, totaling 435,638 trust units, implying an indirect stake in 10,647 BNB tokens.

In a separate update, the company disclosed the acquisition of 4,908 BNB tokens valued at roughly $5.3 million as of 10:00 PM Eastern Time on October 20, 2025, strengthening its crypto asset position and liquidity profile.

Looking ahead, the funding supports enhanced governance and treasury management for the crypto-assets program, backed by both DeFi and TradFi investors. The disclosures aim for transparent, realistic capacity-building within the digital-asset ecosystem.

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