Applied DNA Sciences Approves Key Stockholder Proposals

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2025.12.15 14:24
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Applied DNA Sciences held a special stockholder meeting on December 12, 2025, approving key proposals including the exercisability of certain warrants, increasing authorized shares of Common Stock from 200M to 500M, and amending the 2020 Equity Incentive Plan to add 5M shares. These changes aim to expand capital structure and enhance equity incentives. Despite these moves, Spark rates BNBX stock as Neutral due to financial and operational challenges, declining revenues, and poor technical indicators.