8-K - AquaBounty Technologies, Inc. | StockGist

AI Analysis

AI-generated analysis. Always verify with the original filing.

AquaBounty Technologies, Inc. entered into a Securities Purchase Agreement on February 11, 2026, to issue and sell 1,269,509 shares of common stock and pre-funded warrants to purchase 67,706 shares in a registered direct offering at $0.86 per share, expecting gross proceeds of approximately $1,150,000 for working capital and general corporate purposes. The offering is expected to close on February 13, 2026, subject to customary conditions, with Univest Securities, LLC acting as placement agent on a best efforts basis.

Key Takeaways

1Entered Securities Purchase Agreement on February 11, 2026 with certain Purchasers

2Issuing 1,269,509 shares of common stock, par value $0.001 per share

3Issuing pre-funded warrants to purchase 67,706 shares of common stock at $0.001 exercise price

4Offering price: $0.86 per share or $0.859 per pre-funded warrant

5Expected gross proceeds: approximately $1,150,000 before placement agent fees and expenses

6Placement Agency Agreement with Univest Securities, LLC for 7.0% cash fee and up to $30,000 expense reimbursement

7Net proceeds for working capital and general corporate purposes

Current Report Details

Event Type

Material Agreement

Exhibits Only

Disclosure

Mandatory

Variant

8-K

Items Reported

1.01

. Entry into a Material Definitive Agreement. Securities Purchase Agreement On February 11, 2026, AquaBounty Technologies, Inc. (the “Company”) entered into a S

Material Agreement

$1150000.00B

Source Document

9.01

. Financial Statements and Exhibits. (d) Exhibits. 4.1 Form of Pre-Funded Warrant 5.1 Opinion of FBT Gibbons LLP 10.1* Form of Securities Purchase Agreement dat

Exhibits Only

Transaction Details

Material Agreement

Agreement: Securities Purchase Agreement
Parties: AquaBounty Technologies, Inc., certain purchasers named therein (the “Purchasers”)

•Issue and sell 1,269,509 shares of common stock
•Issue pre-funded warrants to purchase 67,706 shares
•Offering price of $0.86 per share of Common Stock or $0.859 per Pre-Funded Warrant
•Gross proceeds approximately $1,150,000
•Closing expected February 13, 2026 subject to customary closing conditions
•Pre-Funded Warrants exercisable immediately at $0.001 per share with beneficial ownership limitations

Debt / Financing

Instrument: Equity Financing
Principal: $1,150,000 (gross proceeds)
Use of Proceeds: working capital and general corporate purposes

Exhibits (5)

10.1

EX-10.1

10.2

EX-10.2

4.1

EX-4.1

5.1

EX-5.1

8-K