DNA Plant Technology Corp. announced Thursday that it hascompleted the sale of 4 million shares of common stock at$4.75 per share. In addition, 1 million shares have been sold byone of the company's stockholders.
The underwriter for the offering is D. Blech & Co.
DNAP (NASDAQ:DNAP) of Cinnaminson, N.J., will use the fundsto expand sales of its premium fruit and vegetable business,FreshWorld, and to conduct research and development. Thecompany has 28.1 million shares outstanding.
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