Search the web
Welcome, Guest
[Sign Out, My Account]

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
APDN > SEC Filings for APDN > Form 8-K on 15-Aug-2013All Recent SEC Filings

Show all filings for APPLIED DNA SCIENCES INC



Other Events

Item 8.01. Other Events.

On August 14, 2013, Applied DNA Sciences, Inc. (the "Company") exercised its option to repurchase the Series C Warrants issued to Crede CG III, Ltd. ("Crede") for $10,000. The Series C Warrants held by Crede were to initially purchase 26,737,967 shares of the Company's Common Stock, $.001 par value ("Common Stock"), at an initial exercise price per share of $.2431. The Series C Warrants were issued to Crede in connection with its $7.5 million investment in the Company pursuant to a Securities Purchase Agreement with the Company dated July 19, 2013, as previously disclosed on the Current Report on Form 8-K filed by the Company on July 22, 2013.

In addition, on August 14, 2013, the Company exercised its option and converted the Series B Convertible Preferred Stock ("Series B Preferred"), held by Crede into 42,307,692 shares of the Company's Common Stock at a conversion price of $0.13 per share. On July 31, 2013, the second closing of our transaction with Crede occurred at which Crede purchased 5,500 shares of Series B Preferred at a price of $1,000 per share with gross proceeds received by us of $5,500,000, as previously disclosed on the Current Report on Form 8-K filed by the Company on August 1, 2013.

  Add APDN to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for APDN - All Recent SEC Filings
Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.