AquaBounty completed a $2.25 million private placement of Series B Convertible Preferred Stock, issuing 109,223 shares convertible into up to 2,184,460 common shares at an initial $1.03 conversion price. Net proceeds will be used for working capital and general corporate purposes. In connection with the offering, AquaBounty engaged Univest Securities as placement agent under a separate agreement that provides for a 7.0% fee on gross proceeds. Both agreements were signed and closed on June 25, 2026.
Agreement 1: AquaBounty Raises $2.25 Million Through Series B Convertible Preferred Private Placement
- Agreement type: Securities purchase agreements for Series B Convertible Preferred Stock private placement
- Counterparty: Various accredited investors
- Signed / Effective: Jun 25 2026 / same
- Duration / Termination: At will
- Reason: Raise capital for working capital and corporate purposes
Agreement 2: AquaBounty Engages Univest Securities as Placement Agent for $2.25 Million Offering
- Agreement type: Placement agency agreement for preferred stock private placement
- Counterparty: Univest Securities
- Signed / Effective: Jun 25 2026 / same
- Duration / Termination: At will
- Reason: Support execution of capital raise
Original SEC Filing:
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