AquaBounty Technologies director Rick Sterling's resignation was deemed withdrawn after conditions were not met, and he continues to serve on the Board.
Key takeaways
Rick Sterling's resignation notice dated October 28, 2025, was deemed withdrawn and is of no further force or effect.
The resignation was contingent on conditions including the Form 10-K filing and a D&O insurance tail policy.
The Company filed its Form 10-K on March 31, 2026, but a D&O insurance tail policy was not placed or purchased.
Mr. Sterling has not resigned and continues to serve as a director of the Company.
The resignation notice was not the result of any disagreement with the Company on operations, policies, or practices.