Dyadic International Prices $5.75M Public Offering Of 6.052M Shares Of Common Stock At $0.95/Share

Dyadic International, Inc. ("Dyadic" or the "Company") (NASDAQ:DYAI), a global biotechnology company focused on the scalable production of high-value, precision engineered functional input proteins for use in life sciences, food and nutrition, and industrial biotechnology applications utilizing its proprietary gene expression platforms, today announced the pricing of its previously announced underwritten public offering of 6,052,000 shares of common stock at a public offering price of $0.95 per share. The Company expects the gross proceeds from this offering to be approximately $5.75 million, before deducting the underwriting discount and other offering expenses. Closing of the offering is expected to occur on August 1, 2025, subject to customary closing conditions.

Craig-Hallum Capital Group LLC 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.