Dyadic International prices 6.05M shares in underwritten public offering

Dyadic International (DYAI) announced the pricing of its previously announced underwritten public offering of 6,052,000 shares of common stock. Closing of the offering is expected to occur on August 1, 2025, subject to customary closing conditions. Craig-Hallum Capital Group is acting as the sole managing underwriter for the offering. Dyadic intends to use the net proceeds from the offering for working capital and general corporate purposes, such as product development, sales and marketing.