Proxy advisory firm iss recommends vote “for” the charter amendment proposal – to increase the number of authorized shares of common stock

Maynard, mass., may 20, 2022 (globe newswire) -- aquabounty technologies, inc. (nasdaq: aqb) (“aquabounty” or the “company”), a land-based aquaculture company utilizing technology to enhance productivity and sustainability, today announced that leading proxy advisory firm institutional shareholder services inc. (iss), in addition to the company's board of directors and proxy advisory firm glass lewis, has recommended that the company's stockholders vote in favor of the proposal to amend the company's third amended and restated certificate of incorporation, as amended, to increase the number of authorized shares of the company's common stock, $0.001 par value per share, from 80,000,000 to 150,000,000 at the upcoming adjourned annual meeting of stockholders to be held on may 27, 2022 (“annual meeting”).
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