---
schema_version: "secwatch.filing_event.v1"
accession: "0001603978-23-000050"
form_type: "8-K"
ticker: "AQB"
cik: "0001603978"
company_name: "AQUABOUNTY TECHNOLOGIES INC"
filed_at: "2023-10-13T23:59:59+00:00"
generated_at: "2026-06-10T00:01:24.417996+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# AquaBounty Technologies to effect 1-for-20 reverse stock split on Oct 16, 2023

## Summary
- Stockholders approved reverse split at ratio of 1-for-15 to 1-for-20 on Oct 12, 2023; Board set ratio at 1-for-20.
- Effective 12:01 a.m. ET on Oct 16, 2023; outstanding shares reduced from ~71.36M to ~3.57M.
- Authorized shares reduced from 150M to 75M; no fractional shares issued, rounding up to full share.
- Reverse split intended to regain compliance with Nasdaq minimum bid price requirement.
- CUSIP changes to 03842K309; symbol remains AQB; proportional adjustments to equity awards.

## SEC filing metadata
- accession: 0001603978-23-000050
- form_type: 8-K
- ticker: AQB
- cik: 0001603978
- company_name: AQUABOUNTY TECHNOLOGIES INC
- filed_at: 2023-10-13T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.03, 5.03, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603978/000160397823000050/0001603978-23-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603978/000160397823000050/aqb-20231012x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603978-23-000050
- JSON: https://secwatch.observer/filing/0001603978-23-000050.json
- Plain text: https://secwatch.observer/filing/0001603978-23-000050.txt

## Key facts
- Governance Changes
  AQUABOUNTY TECHNOLOGIES INC: Filed a Certificate of Amendment to effect a 1-for-20 reverse stock split and reduce authorized shares from 150,000,000 to 75,000,000 (effective 2023-10-16).
  - Change: charter amendment
  - Effective: 2023-10-16
  source text: On October 12, 2023, AquaBounty Technologies, Inc. (the “Company”) filed a Certificate of Amendment (the “Certificate of Amendment”) to its Third Amended and Restated Certificate of Incorporation with the Secretary of State of the State of Delaware to effect a 1-for-20 reverse stock split (the “Reverse Split”) of the Company’s shares of common stock, par value $0.001 per share (the “Common Stock”), as of 12:01 a.m. Eastern Time on October 16, 2023 (the “Effective Time”), and an associated reduction in the number of shares of Common Stock the Company is authorized to issue from 150,000,000 to 75,000,000 (the “Authorized Capital Change”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603978/000160397823000050/0001603978-23-000050-index.htm
- Shareholder Votes
  AQUABOUNTY TECHNOLOGIES INC shareholders approved Approve an adjournment of the Special Meeting, if necessary, to solicit additional proxies if there are not sufficient votes in favor of the Reverse Split Proposal at the 2023-10-12 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2023-10-12
  source text: Proposal 2 . To approve an adjournment of the Special Meeting, if necessary, to solicit additional proxies if there are not sufficient votes in favor of the Reverse Split Proposal. Votes For Votes Against Abstentions Broker Non-Votes 36,239,980 2,692,261 830,453 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603978/000160397823000050/0001603978-23-000050-index.htm
- Shareholder Votes
  AQUABOUNTY TECHNOLOGIES INC shareholders approved Approve an amendment to the Company’s Third Amended and Restated Certificate of Incorporation to approve a reverse stock split and an associated reduction in authorized shares from 150,000,000 to 75,000,000 at the 2023-10-12 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2023-10-12
  source text: Proposal 1 . To approve an amendment to the Company’s Third Amended and Restated Certificate of Incorporation, as amended, to approve a reverse stock split of the Common Stock and an associated reduction in the number of shares of Common Stock the Company is authorized to issue from 150,000,000 to 75,000,000 (the “Reverse Split Proposal”). Votes For Votes Against Abstentions Broker Non-Votes 35,869,970 3,203,492 689,232 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603978/000160397823000050/0001603978-23-000050-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.