---
schema_version: "secwatch.filing_event.v1"
accession: "0001603978-26-000036"
form_type: "8-K"
ticker: "AQB"
cik: "0001603978"
company_name: "AQUABOUNTY TECHNOLOGIES INC"
filed_at: "2026-04-08T23:59:59+00:00"
generated_at: "2026-05-15T06:53:40.559805+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AquaBounty exchanges $4M senior notes for preferred stock, raises $500K cash

## Summary
- Exchanged $4,000,000 principal + $315,616 accrued interest on senior notes for 236,367 Series A Preferred shares (convertible into 4,727,371 common shares).
- Issued and sold 27,386 Series A Preferred shares for $500,000 cash (convertible into 547,705 common shares).
- Series A Preferred carries 18% annual dividend, liquidation preference of $18.258 per share, and is senior to common stock.
- Holders can convert at any time; after a $20M financing, a supermajority can force redemption at liquidation value plus accrued dividends.
- Certificate of Designations filed April 7, 2026, establishing rights; shares issued in private placement under Section 4(a)(2) and Regulation D.

## SEC filing metadata
- accession: 0001603978-26-000036
- form_type: 8-K
- ticker: AQB
- cik: 0001603978
- company_name: AQUABOUNTY TECHNOLOGIES INC
- filed_at: 2026-04-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 3.02, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1603978/000160397826000036/0001603978-26-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1603978/000160397826000036/aqb-20260407x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001603978-26-000036
- JSON: https://secwatch.observer/filing/0001603978-26-000036.json
- Plain text: https://secwatch.observer/filing/0001603978-26-000036.txt

## Source-grounded claims
- claim_id: 92f5c2e4acaca43fa17b5b04d3716ef12c495365
  claim: AQUABOUNTY TECHNOLOGIES INC: Filed Certificate of Designations establishing rights, preferences and privileges of Series A Preferred Stock (effective 2026-04-07).
  evidence_excerpt: on April 7, 2026, the Company filed the Certificate of Designations with the Secretary of State of the State of Delaware, establishing the rights, preferences and privileges of the Series A Preferred Stock.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1603978/000160397826000036/0001603978-26-000036-index.htm

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