BNB treasury company Applied DNA completes PIPE financing and additionally purchases 4,908 BNB

Foresight News reported that BNB treasury company Applied DNA Sciences, Inc. (NASDAQ: BNBX) announced the completion of its previously disclosed PIPE (Private Investment in Public Equity) financing, which was co-led by institutional DeFi and TradFi investors. This PIPE financing brought the company approximately $27 million in total proceeds (before deducting underwriting and related fees), and the company may obtain up to an additional $31 million in total proceeds through the exercise of warrants in the future. The total proceeds from this PIPE round include: $15.3 million in cash and stablecoins; and $11.71 million worth of units of the OBNB trust. The company received 0.126 units of the OBNB trust per prefunded warrant and common warrant, totaling 435,638 trust units, representing indirect ownership of 10,647 BNB tokens. In addition, the company 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 (UTC+8), October 20, 2025, Eastern Time.