BNB Treasury Company Applied DNA Completes PIPE Financing, Acquires an Additional 4,908 BNB
BlockBeats News, October 22, Applied DNA Sciences, Inc. (NASDAQ: BNBX), a biotechnology company focused on advancing a revenue-generating BNB digital asset treasury strategy and commercializing nucleic acid production solutions, today announced the successful completion of the previously announced Public Investment in Private Equity (PIPE) financing, led by institutional DeFi and TradFi investors.
This PIPE financing round brought approximately $27 million in total proceeds to the company (net of underwriting and related expenses), with the potential for an additional $31 million in total proceeds through the exercise of warrants. The total proceeds from this PIPE round include:
$15.3 million in cash and stablecoins;
and $11.71 million in OBNB Trust Units (units of OBNB trust).
The company received 0.126 OBNB Trust Units per prefunded warrant and common warrant, totaling 435,638 trust units, representing an indirect ownership interest in 10,647 BNB tokens.
In addition, the company also announced today that it has purchased an additional 4,908 BNB tokens, with a total value of approximately $5.3 million as of 10:00 PM Eastern Time on October 20, 2025.
You may also like

Hyperbeat, to launch a "bank" on Hyperliquid

Crypto Market Macro Research: US-Iran Ceasefire, Time to Reassess Risk Assets

Is Bitcoin Forming a Bottom in 2026? How the Tariff Shock and Ceasefire Could Push BTC Toward $75K
Bitcoin may be forming its 2026 bottom near $65K. See how tariff shocks, ETF inflows, and the Iran ceasefire could shape BTC’s next breakout toward $75K.

Stablecoins Hit $315 Billion in 2026: Why This Is the Biggest Trend in Crypto Right Now
Bitcoin may be forming its 2026 bottom near $65K. See how tariff shocks, ETF inflows, and geopolitical signals could shape BTC’s next breakout toward $75K.

Tiger Research: A Comprehensive Analysis of the Most Profitable Businesses and Their Business Models in Crypto

Why is the ceasefire between the U.S. and Iran destined to be unsustainable?

Starting from the cryptocurrency world, what makes Hermes Agent the biggest challenger to OpenClaw?

Under-the-Radar Middle Eastern Player Set to Be the Star of the 2026 World Cup Prediction Market?

Turn AI into an individual execution system, Claude's latest Managed Agents Best Practices Guide

Why Is the US-Iran Ceasefire Doomed to Fail?

A Climbing Gym Owner's 30-Day AI Journey

Today's Release | Full Lineup of Guest Demos at "Super Creator Live"

Crypto OG, why has the Hermes Agent emerged as the top challenger to OpenClaw?

Kalshi's eight-year entrepreneurial history: A boxer in a suit steps onto the stage

Once you're over 25, you're already too old to be playing with meme coins.

Four New Frontlines Post Ceasefire | Rewire News Daily Brief

Holmez accepts Bitcoin for toll payment, how much can Iran earn?

When No One on the Team Wants to Sell: The Valuation Game at Anthropic Enters the “Seller Disappearance” Stage
Hyperbeat, to launch a "bank" on Hyperliquid
Crypto Market Macro Research: US-Iran Ceasefire, Time to Reassess Risk Assets
Is Bitcoin Forming a Bottom in 2026? How the Tariff Shock and Ceasefire Could Push BTC Toward $75K
Bitcoin may be forming its 2026 bottom near $65K. See how tariff shocks, ETF inflows, and the Iran ceasefire could shape BTC’s next breakout toward $75K.
Stablecoins Hit $315 Billion in 2026: Why This Is the Biggest Trend in Crypto Right Now
Bitcoin may be forming its 2026 bottom near $65K. See how tariff shocks, ETF inflows, and geopolitical signals could shape BTC’s next breakout toward $75K.
