Financing ·
Dyadic International, Inc. entered into agreements on August 13, 2026, to raise approximately $2.9 million in gross…
DYAIDyadic International Inc
Dyadic International, Inc. entered into agreements on August 13, 2026, to raise approximately $2.9 million in gross proceeds through a registered direct offering and concurrent private placement of warrants. The company issued 3,625,000 shares of common stock at $0.795 per share and sold 3,625,000 warrants exercisable at $0.84 per share for $0.005 each. Closing is expected on August 14, 2026, with net proceeds allocated to general corporate purposes, including research and development, working capital, and potential acquisitions. The company operates in the biotechnology industry, developing recombinant protein solutions.