Aquabounty announces a pause to ohio farm construction while it evaluates scope alternatives and a possible phased approach

Maynard, mass., june 02, 2023 (globe newswire) -- aquabounty technologies, inc. (nasdaq: aqb) (“aquabounty” or the “company”), a land-based aquaculture company utilizing technology to enhance operational performance and sustainability, announced today that the company will pause the construction of its farm in pioneer, ohio due to a substantial increase in its estimated cost of completion. the company will now take the required time to evaluate the timing and cost of size and scope alternatives, including a phased approach to complete the project.
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