AquaBounty to cease fish farming operations; wind down Bay Fortune facility

AQUABOUNTY TECHNOLOGIES INC

CEO David Melbourne resigned Dec 6, 2024; David Frank appointed Interim CEO/CFO.
Company will cull all remaining fish and reduce substantially all personnel over next several weeks.
COO Alejandro Rojas and CPO Melissa Daley departed with elimination of their positions.
Efforts to raise capital for over a year failed; insufficient liquidity to continue operations.
Will continue to assess alternatives for Ohio farm project and market assets for cash.

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