Highest-materiality recent filing
AquaBounty expands strategic review of Ohio property to include power infrastructure development
Property has 50 MW electrical substation capacity and permit for 5.25M gpd groundwater withdrawal.
AquaBounty board decides not to implement reverse stock split; authority to expire July 31
Board determined not to effect the reverse stock split at this time, citing best interests of company and stockholders.
AquaBounty raises $2.25M via Series B Convertible Preferred with 18% dividend
Issued 109,223 shares of Series B Convertible Preferred at $20.60 per share for $2.25M gross proceeds.
AquaBounty shareholders approve reverse stock split (1:5-1:20) at 2026 annual meeting
All four director nominees elected: Graydon Bensler, Braeden Lichti, Rick Sterling, Sylvia A. Wulf.
AquaBounty corrects Series A Preferred conversion price to $0.9129 (from $18.2580)
Corrected initial conversion price from erroneously stated $18.2580 to $0.9129 per share.
AquaBounty regains Nasdaq equity compliance after offering
Company now meets Nasdaq Listing Rule 5550(b)(1) with stockholders' equity exceeding $2.5 million.
AquaBounty exchanges $4M senior notes for preferred stock, raises $500K cash
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).
AquaBounty director Rick Sterling's resignation withdrawn; remains on board
Resignation notice dated Oct 28, 2025 was conditional on filing 10-K, closing note purchases, and purchasing D&O tail policy.
AquaBounty raises ~$1.15M in registered direct offering at $0.86/share
Sold 1,269,509 shares of common stock and pre-funded warrants for 67,706 shares at $0.86 per share or $0.859 per warrant.
AquaBounty clarifies Sylvia Wulf remains on board; conditions for resignation not met
Sylvia Wulf's resignation condition failed; she continues as director.
AquaBounty Q3 net loss narrows to $1.4M; Ohio farm fully permitted
Net loss of $1.4M improved from $3.4M in Q3 2024; includes $69K non-cash impairment on Ohio equipment.
AquaBounty issues $4M 18% Senior Notes, board reshuffled with two new directors
Issued $4M in Senior Notes at 18% interest, 18-month maturity, unsecured, nonconvertible.
AquaBounty regains Nasdaq minimum bid price compliance; delisting risk cleared
Received Nasdaq letter on Sept 15, 2025 confirming compliance with minimum bid price of $1.00.
AquaBounty GC/Corp Sec Angela Olsen resigns effective Aug 22, 2025
Angela Olsen resigned as General Counsel, Chief Compliance Officer, and Corporate Secretary on Aug 14, 2025, effective Aug 22, 2025.
AquaBounty Q2 net loss $3.4M, sells Ohio equipment for $2.4M, cash $730K
Net loss $3.4M vs $50.5M a year ago; includes $1.2M non-cash impairment on Ohio equipment.
AquaBounty shareholders elect directors, ratify auditor, approve say-on-pay
Gail Sharps Myers (618,701 for), Christine St.Clare (600,268), Rick Sterling (613,110), Sylvia A. Wulf (587,783) elected to one-year terms.
AquaBounty Q1 net income $401k from asset sales; exploring strategic alternatives
Net income of $401k vs net loss of $11.3M in Q1 2024; includes $2.0M non-cash loan forgiveness gain.
AquaBounty FY2024: net loss $149.2M, revenue down 68%, cash $230K
Product revenue $789K for FY2024, down 68% YoY from $2.5M.
AquaBounty sells Canadian subsidiary for C$1.585M net; IP transfer and debt assumption
Sale of Aqua Bounty Canada Inc. to Kelly Cove Salmon Ltd. for C$3,022,559, adjusted to C$1,585,205 net of liabilities.
AquaBounty receives Nasdaq deficiency notice for bid price below $1.00
Closing bid price below $1.00 for 32 consecutive business days as of January 15, 2025.
AquaBounty to cease fish farming operations; wind down Bay Fortune facility
CEO David Melbourne resigned Dec 6, 2024; David Frank appointed Interim CEO/CFO.
AquaBounty Q3 net loss $3.4M; cash down to $500K; selling Rollo Bay farm
Net loss narrowed to $3.4M in Q3 2024 from $6.1M in Q3 2023, primarily due to Indiana farm sale.
AquaBounty to sell Rollo Bay farm on Prince Edward Island to raise cash
Company decides to sell its Rollo Bay farm (broodstock/egg operation) to address immediate cash requirements.
AquaBounty Q2 net loss $50.5M (incl $44.5M impairment); cash drops to $0.7M; sells Indiana farm
Net loss of $50.5M in Q2 2024 vs $6.5M in Q2 2023; includes $44.5M non-cash impairment on farm assets.
AquaBounty sells Indiana aquaculture facility to Superior Fresh for $9.5M
Agreement to sell Indiana land-based salmon facility and Ohio equipment for $9.5M cash, subject to customary adjustments.
AquaBounty promotes David Melbourne to CEO; Sylvia Wulf remains Board Chair
David Melbourne, formerly President, becomes CEO effective June 7, 2024; Sylvia Wulf retired as CEO but stays as non-executive Board Chair.
AquaBounty Q1 net loss $11.2M, impairment charges, cash drops to $3.6M, secures bridge loan
Net loss $11.2M vs $6.5M a year ago; includes $4.3M impairment on Indiana farm assets and $1.0M inventory write-down.
AquaBounty secures $10M secured term loan from JMB Capital at 15% interest, maturing July 31, 2024
Initial $5M advanced April 18; additional $5M subject to conditions; maturity July 31, 2024.
AquaBounty Q4 revenue up 23% to $553K but full-year revenue down 21%; net loss widens to $27.6M
Q4 product revenue $553K (up 23% YoY); full-year $2.47M (down 21% YoY).
AquaBounty to sell Indiana farm, engage Berenson for financing alternatives
Decision to sell its Indiana farm operation to strengthen balance sheet and increase cash position.
AquaBounty Q3 revenue +12% to $733k, net loss $6.1M; Ohio farm cost estimate $485-495M
Product revenue $733k vs $653k in Q3 2022; net loss $6.1M vs $5.4M loss a year ago.
AquaBounty regains Nasdaq minimum bid price compliance; matter closed
Received Nasdaq letter on Oct 30, 2023 confirming regained compliance with bid price rule.
AquaBounty Technologies to effect 1-for-20 reverse stock split on Oct 16, 2023
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.
AquaBounty promotes David F. Melbourne Jr. to President; Wulf becomes Board Chair & remains CEO
David F. Melbourne Jr. promoted to President effective August 14, 2023; replaces Sylvia Wulf who remains CEO and becomes Board Chair.
AquaBounty Q2 revenue down 26% to $788k; net loss widens to $6.5M; pauses Ohio farm
Q2 product revenue $788k, down 26% YoY from $1.1M; net loss $6.5M vs $5.5M.
AquaBounty signs construction management contract with Gilbane for Ohio salmon facility
Gilbane Building Co. engaged as construction manager for land-based salmon farm in Pioneer, Ohio (10,000 MT annual capacity).
AquaBounty pauses Ohio farm construction as cost estimate jumps above $395M; evaluating alternatives
New GMP estimate significantly above prior $375-395M range; municipal bond financing infeasible without larger equity.
AQB shareholders approve equity plan amendment; CEO Wulf named Board Chair
Stockholders approved increasing equity plan shares from 1.9M to 4.3M.
AquaBounty Q1 revenue fell 59% to $398K; net loss widened to $6.5M
Product revenue of $398K, down from $963K in Q1 2022 due to planned repair downtime at Indiana farm.
AquaBounty enters amended CFO agreement; base salary $325k, bonus target 40%
CFO David Frank receives base salary of $325,000 and target annual bonus of 40% of base.
AquaBounty director Richard J. Clothier to retire, not stand for reelection at May 2023 meeting
Richard J. Clothier will retire from the Board and not stand for reelection at the Annual Shareholder Meeting on May 25, 2023.
AquaBounty Q4 revenue $451k (+8% YoY); FY net loss $22.16M, cash $102.6M
Full-year product revenue $3.14M, up 167% versus $1.17M in 2021.
AquaBounty enters $6.8M design contract for 10,000-ton salmon facility in Ohio
Lump sum fee of $6,810,487 for basic design services, plus $250k cost estimating and $200k value engineering allowances.
AquaBounty Q3 revenue up 44% to $653K; Pioneer farm cost >$320M
Q3 product revenue $653K (+44% YoY); net loss $5.4M improved from $6.9M.
AquaBounty receives Nasdaq notice for bid price below $1.00; 180-day cure period
Closing bid price of common stock below $1.00 for 30 consecutive business days triggers non-compliance with Nasdaq Listing Rule 5550(a)(2).
AquaBounty shareholders ratify increase in authorized shares from 80M to 150M
Special meeting held Oct 12, 2022; ~61% of outstanding shares represented.
AquaBounty holds Analyst Day, furnishes investor presentation; details not available in excerpt
Analyst Day held on September 15, 2022; presentation posted on company website.
AquaBounty posts investor presentation; no specifics in 8-K
Filed 8-K with Exhibit 99.1, an investor presentation dated August 11, 2022.
AquaBounty Q2 product revenue up 371% to $1.1M; net loss widens to $5.5M
Product revenue $1.1M vs $227K in Q2 2021 (+371%); net loss $5.5M vs $5.2M.
AquaBounty shareholders approve charter amendment to increase authorized common shares to 150M
Authorized shares increased from 80M to 150M via Charter Amendment approved by 56.8% of outstanding shares.
the Board of Directors of the Company (the “Board”) appointed David F. Melbourne as Chief Executive Officer of the Company, effective June 7, 2024
Sylvia A. Wulf, who provided notice of her retirement from her role as Chief Executive Officer on June 6, 2024, effective June 7, 2024
On August 11, 2023, the Board appointed Mr. Melbourne, 57 as the President of the Company, effective as of August 14, 2023.
Ms. Wulf therefore resigns as President and continues as AquaBounty's Chief Executive Officer and Board Chair.
On March 29, 2023, Richard J. Clothier informed AquaBounty Technologies, Inc. (the “Company”) of his decision not to stand for reelection as a director and to retire from the Company’s Board of Directors (“Board”), effective as of the start of the Company’s 2023 Annual Meeting of Stockholders.
Max materiality 1.00 · Median 0.60 · Most common event other_material