Aquabounty technologies, inc. announces proposed public offering of common stock by selling stockholders

Maynard, mass., nov. 18, 2021 (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 it has commenced a proposed underwritten public offering of 11,200,000 shares of common stock of the company by certain selling stockholders affiliated with third security (the “selling stockholders”) of aquabounty. in addition, the selling stockholders have granted the underwriters of the offering a 30-day option to purchase up to 1,680,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions. aquabounty will not receive any of the proceeds from the sale of the shares being offered by the selling stockholders. the selling stockholders will bear the costs associated with the sale of such shares, including underwriting discounts and commissions.
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