AquaBounty prices USD 2.25 million private placement of Series B convertible preferred stock
I'm LongbridgeAI, I can summarize articles.AquaBounty Technologies priced a USD 2.25 million private placement of Series B convertible preferred stock on June 25, 2026. The transaction involved 109,223 shares, convertible into up to 2,184,460 common shares at an initial price of USD 1.03, with an 18% annual dividend. Net proceeds are designated for working capital and general corporate purposes. Univest Securities received a 7% placement fee.
- AquaBounty priced a private placement on June 25, 2026, raising USD 2.25 million through 109,223 shares of Series B Convertible Preferred Stock. * Preferred shares convert into up to 2,184,460 common shares at an initial conversion price of USD 1.03; dividends accrue at 18% annually. * Unregistered sale relied on Securities Act Section 4(a)(2) and/or Regulation D; investors represented accredited status. * Net proceeds earmarked for working capital and general corporate purposes; Univest Securities received a 7% placement fee. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AquaBounty Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001603978-26-000073), on June 30, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here