secwatch.observer — SEC 8-K summary
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Issuer:     AQUABOUNTY TECHNOLOGIES INC (AQB)
CIK:        0001603978
Form:       8-K
Filed at:   2024-07-02T23:59:59+00:00
Accession:  0001603978-24-000053
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1603978/000160397824000053/0001603978-24-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1603978/000160397824000053/aqb-20240628x8k.htm
  HTML page:      https://secwatch.observer/filing/0001603978-24-000053

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