Aquabounty technologies, inc. announces closing of $127.1 million public offering of common stock, including full exercise of overallotment option

Maynard, mass., feb. 08, 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 the closing of its previously announced underwritten public offering of 14,950,000 shares of common stock of the company at a price to the public of $8.50 per share, which includes the underwriters' full exercise of their option to purchase 1,950,000 shares at the public offering price less underwriting discounts and commissions. the gross proceeds to aquabounty from the offering are approximately $127.1 million, before deducting underwriting discounts and commissions and offering expenses.
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