AQB · AquaBounty Technologies, Inc.

Summary

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

• Entered Securities Purchase Agreement on February 11, 2026 with certain Purchasers
• Issuing 1,269,509 shares of common stock, par value $0.001 per share
• Issuing pre-funded warrants to purchase 67,706 shares of common stock at $0.001 exercise price
• Offering price: $0.86 per share or $0.859 per pre-funded warrant
• Expected gross proceeds: approximately $1,150,000 before placement agent fees and expenses
• Placement Agency Agreement with Univest Securities, LLC for 7.0% cash fee and up to $30,000 expense reimbursement
• Net proceeds for working capital and general corporate purposes