AquaBounty Technologies (AQB) Provides Update

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Go back to AquaBounty Technologies (AQB) Provides Update

AquaBounty Technologies Provides Update

September 3, 2024 8:02 AM EDT

Harvard, Massachusetts--(Newsfile Corp. - September 3, 2024) - AquaBounty Technologies, Inc. (NASDAQ: AQB) ("AquaBounty" or the "Company"), a land-based aquaculture company utilizing technology to enhance productivity and sustainability, today announced an update on the Company's fundraising efforts.

As previously announced, AquaBounty has been exploring a wide range of funding and strategic alternatives to strengthen its balance sheet and increase its cash position. Today, the Company is announcing that it has made the decision to sell its Rollo Bay farm operation. The farm, located on Prince Edward Island in Canada, was purchased by the Company... More