AquaBounty sells Indiana aquaculture facility to Superior Fresh for $9.5M

AQUABOUNTY TECHNOLOGIES INC

Agreement to sell Indiana land-based salmon facility and Ohio equipment for $9.5M cash, subject to customary adjustments.
Transaction expected to close in July 2024, subject to closing conditions.
Proceeds to be used to reduce secured term loan with JMB Capital Partners Lending, LLC.
Superior Fresh LLC, a Wisconsin-based aquaponics company, is the buyer.

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