Welcome to our dedicated page for Applied Dna Scie news (Ticker: APDN), a resource for investors and traders seeking the latest updates and insights on Applied Dna Scie stock.
The APDN news archive on Stock Titan covers the historical disclosures and announcements of Applied DNA Sciences, Inc., a biotechnology company that developed and commercialized polymerase chain reaction (PCR)-based technologies for DNA production and detection and later adopted a BNB-focused digital asset treasury strategy. During the period when it traded under the Nasdaq symbol APDN, the company issued news on operational restructuring, platform development, customer activity, and capital markets transactions.
Readers can review company updates describing the transition to a pure play provider of synthetic DNA and mRNA manufacturing solutions through its majority-owned subsidiary LineaRx, Inc., including the focus on its LineaDNA, LineaRNAP, and LineaIVT platforms. News items detail workforce reductions, the exit from DNA tagging and security products and services, the closure of Applied DNA Clinical Labs, and the consolidation of operations behind LineaRx to support advanced biotherapeutics and diagnostic applications.
The archive also includes announcements related to conference participation and scientific posters showcasing the LineaDNA and LineaIVT platforms, follow-on orders for LineaDNA from a global in vitro diagnostics manufacturer for use in a cancer diagnostic application, and engagements with mRNA-focused contract development and manufacturing organizations. Financial news covers quarterly results, non-GAAP metrics such as Adjusted EBITDA and monthly net cash burn, and commentary on cost optimization and capital allocation.
Later APDN news releases document the company’s initiation of a BNB-focused digital asset treasury strategy, private placement commitments to fund BNB acquisitions, and the planned change of its Nasdaq ticker from APDN to BNBX to reflect this strategic focus. These items describe agreements with Cypress LLC and Cypress Management LLC for digital asset management and advisory services, as well as the involvement of institutional and crypto-native investors. By following this archive, investors can trace how APDN evolved from a biotechnology-focused issuer into BNB Plus Corp. (BNBX) with a combined profile in nucleic acid production and digital asset treasury management.
Applied DNA (NASDAQ: APDN) will change its Nasdaq ticker to BNBX effective at the opening of trading on October 7, 2025. The new ticker reflects the company's stated shift to a BNB-based digital asset treasury strategy focused on yield generation and token accumulation within the Binance ecosystem.
The company said it will pursue an actively managed approach that integrates decentralized finance protocols and Binance-specific strategies to target improved capital efficiency, liquidity resilience, and exposure to digital asset upside. No shareholder action is required; the common stock will remain listed on Nasdaq and the CUSIP will not change.
Applied DNA Sciences (NASDAQ: APDN) has announced a strategic pivot with a private placement of up to $58 million to initiate a BNB-focused digital asset treasury strategy. The company has secured $27 million in initial commitments with potential for an additional $31 million from warrant exercises. The transaction is expected to close around October 1, 2025.
The company plans to change its ticker to "BNBX" and has appointed key crypto industry leaders, including Anthony Scaramucci as Strategic Capital Markets Advisor. The strategy focuses on generating yield through BNB staking and DeFi protocols. Additionally, APDN announced leadership changes, with Clay Shorrock replacing Judy Murrah as CEO, while Beth Jantzen continues as CFO.
The company has entered strategic agreements with Cypress LLC for asset management services and Cypress Management LLC for advisory services, with management fees of 1.25% per annum and 10% of net returns.
Applied DNA Sciences (NASDAQ:APDN) announced its participation in two major industry conferences where it will present posters highlighting its nucleic acid production solutions. The company will showcase its technology at the 4th Annual mRNA Process Development and CMC Summit in Boston (September 23-25), featuring a poster on fast-tracking mRNA medicines using their synthetic DNA platform.
Additionally, at the 10th Annual CAR-TCR Summit (September 23-26), the company will present findings on CD123-specific CAR-T Cells produced using their LineaDNA™-based piggyBac Transposon System, including Phase I Clinical Trial initiation for AML patients. The company will also feature its IVT Discovery Kit for evaluating and optimizing in vitro transcription.
Applied DNA Sciences (NASDAQ:APDN) reported its Q3 fiscal 2025 financial results, highlighting its transition to a pure-play provider of synthetic DNA and mRNA manufacturing solutions through its LineaRx subsidiary. The company reported revenues of $304,000, down from $473,000 in Q3 2024, with an operating loss of $3.7 million.
The company is commercializing three key technologies: LineaDNA™ (cell-free DNA production platform), LineaRNAP™ (next-generation T7 RNA polymerase), and LineaIVT™ (integrated system). Notable achievements include a $600,000+ follow-on order for LineaDNA and reduced monthly cash burn by 19% sequentially. The company ended the quarter with $4.7 million in cash.
Applied DNA Sciences (NASDAQ:APDN) has secured a seventh follow-on order for its LineaDNA™ product from a global in vitro diagnostics (IVD) manufacturer. The order, valued at over $600,000, is for multi-gram quantities of LineaDNA™, which serves as a functional component in cancer diagnostic testing.
The delivery schedule spans four quarterly shipments, commencing in the second quarter of fiscal 2026 (ending March 31, 2026). This order continues a long-standing supply agreement between Applied DNA and the IVD manufacturer.
Applied DNA Sciences (NASDAQ:APDN) has successfully regained compliance with Nasdaq's continued listing requirements. The company received written confirmation from Nasdaq on July 2, 2025, stating that it has met the minimum bid price requirement of $1.00 per share for the Nasdaq Capital Market.
As a result, the previously scheduled hearing before the Nasdaq Hearings Panel for July 15, 2025, has been cancelled, and APDN's securities will continue to be listed and traded on The Nasdaq Capital Market without interruption.
Applied DNA Sciences (NASDAQ:APDN) announced a strategic restructuring to focus exclusively on its synthetic DNA manufacturing business, LineaRx. The company implemented a 27% workforce reduction and ceased operations at Applied DNA Clinical Labs (ADCL) effective June 27, 2025.
The restructuring aims to reduce operating costs and concentrate resources on enhancing LineaRx's LineaDNA™ and LineaIVT™ platforms, expanding service offerings, and pursuing strategic partnerships. The workforce reduction is projected to result in a 23% reduction in annual payroll costs, with approximately $300 thousand in one-time separation charges.
Since December 2024, Applied DNA has reduced total headcount by 39%, projecting a 31% reduction in annual payroll expenses compared to fiscal year 2024. The company previously exited its DNA Tagging and Security Products and Services segment in February 2025. As of May 31, 2025, Applied DNA reported $4.8 million in cash and cash equivalents.
Applied DNA Sciences (NASDAQ:APDN) has announced the rescheduling of its intra-quarter webcast and investor update call from June 3 to June 17, 2025. The postponement is due to the implementation of a reverse stock split that will take effect on June 2, 2025. The webcast will begin at 4:30 p.m. Eastern Time and will include prepared remarks from the management team, followed by a Q&A session with sell-side analysts and institutional investors. The event will be accessible via phone and webcast, with replay options available for 7 days after the call. An accompanying slide presentation will be available during the webcast and on the company's investor relations website.
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