secwatch.observer — SEC 8-K summary
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Issuer:     AQUABOUNTY TECHNOLOGIES INC (AQB)
CIK:        0001603978
Form:       8-K
Filed at:   2023-03-03T23:59:59+00:00
Accession:  0001193125-23-059797
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AquaBounty enters $6.8M design contract for 10,000-ton salmon facility in Ohio
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- Lump sum fee of $6,810,487 for basic design services, plus $250k cost estimating and $200k value engineering allowances.
- Additional $200k incentive payment for meeting deliverable deadlines.
- Construction budget for the facility is approximately $279 million.
- Facility designed to produce 10,000 metric tons of salmon annually in Pioneer, Ohio.
- Agreement with Clark, Richardson and Biskup Consulting Engineers, effective March 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603978/000119312523059797/0001193125-23-059797-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603978/000119312523059797/d441743d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-059797

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