Financing ·
On June 25, 2026, AquaBounty Technologies, Inc. completed a private placement, issuing 109,223 shares of Series B…
AQBAquabounty Technologies Inc
On June 25, 2026, AquaBounty Technologies, Inc. completed a private placement, issuing 109,223 shares of Series B Convertible Preferred Stock for aggregate gross proceeds of $2,250,000. The Series B Preferred Stock has a liquidation value of $20.60 per share, an 18.0% annual dividend accruing quarterly, and is convertible into common stock at an initial price of $1.03 per share. Univest Securities, LLC served as the placement agent and received a fee of 7.0% of gross proceeds. Net proceeds are intended for working capital and general corporate purposes. The company operates in the aquaculture industry and produces genetically engineered salmon.