Dyadic International Launches Public Stock Offering, Shares Plummet 11.5%

Dyadic International has initiated a public stock offering to raise funds for working capital, product development, and sales and marketing efforts. Proceeds from the offering will be used to support the company's growth and expansion. DYAI shares fell 11.5% post-market on Wednesday following the announcement.

Jupiter, Fla., July 30, 2025 (GLOBE NEWSWIRE) — Dyadic International, Inc. (Nasdaq: DYAI), a global biotechnology company focused on the scalable production of high-value, precision engineered functional input proteins, has announced the commencement of an underwritten public offering of shares of common stock. The offering is subject to market and other conditions and is being managed by Craig-Hallum Capital Group LLC as the sole underwriter.

The company intends to use the net proceeds from the offering for working capital and general corporate purposes, including product development, sales, and marketing. The securities described above are being offered by the Company pursuant to an effective shelf registration statement on Form S-3 (File No. 333-273829) initially filed with the Securities and Exchange Commission (SEC) on August 9, 2023 and declared effective by the SEC on August 25, 2023 [1].

Dyadic's stock fell 11.5% post-market on Wednesday following the announcement, reflecting investor sentiment towards the potential dilution of existing shareholders [2]. The offering signals Dyadic's need for additional funding to support its ongoing operations and growth strategies in its biotechnology business focused on precision engineered functional input proteins.

The final terms of the offering will be disclosed in a final prospectus supplement to be filed with the SEC. Investors can obtain electronic copies of the preliminary prospectus supplement and the accompanying prospectus by visiting the SEC’s website at www.sec.gov or by contacting Craig-Hallum Capital Group LLC.

References:

[1] https://finance.yahoo.com/news/dyadic-international-inc-announces-proposed-200200313.html
[2] https://www.stocktitan.net/news/DYAI/dyadic-international-inc-announces-proposed-public-offering-of-nhvmepesqarj.html