Announces Closing of $65.2 Million Upsized Public Offering of Common Stock – iiTECHNOLOGY

AquaBounty Applied Sciences, Inc. (Nasdaq: AQB) (“AquaBounty” or “Firm”), a land-based aquaculture firm that uses technology to promote productivity and sustainability, at this very moment underwritten its previously underwritten Started closing the public.

Offering the general public 10,028,000 shares of the firm’s comprehensive listing at a price of $6.50 per share, including the entire train of underwriters of their choice, with very little underwriting deductions and commissions for purchasing 1,308,000 shares on the public.

Gross income to AquaBounty from providing is approximately $65.2 million, before underwriting deductions and commission deductions and billing.

Oppenheimer & Company Inc. and Lake Road Capital Markets, LLC acted as joint book-running manager to provide this. Nationwide Securities Company, a wholly owned subsidiary of Nationwide Holdings Company (NASDAQ:NHLD), serves as co-manager to provide.

The firm intends to use the online proceeds currently provided for basic company operations, as well as additional investments in our gross, to cover costs related to the acquisition of land and development or website improvements to a new manufacturing farm. To do sales and advertising and marketing and analysis and cost of improvement effort and anticipated basic and administrative bills.

A shelf registration assertion on Kind S-3, which refers to providing shares of the comprehensive inventory described above to the general public, was filed with the Securities and Conversion Fee (“SEC”) and dated April 27, 2018. was declared effective, and the Statement on an Affiliate Registration Kind S-3 was filed with the SEC on December 10, 2020 under Rule 462(b) of the Securities Act, 1933 as amended.

A final prospectus supplement describing the phrases of the grant was filed with the SEC on December 10, 2020, and is available on the SEC’s website at www.sec.gov. Oppenheimer & Company Inc. Consideration: The Final Prospectus Supplement as well as copies of the accompanying prospectus may be obtained from Syndicate Prospectus Division, 85 Broad Road, Twenty-sixth Flooring, New York, NY 10004, with reference to providing, when available. By calling (212) 667-8563, or by emailing EquityProspectus@opco.com; or Lake Road Capital Markets, LLC, Idea: Syndicate Division, 920 Second Avenue South, Suite 700, Minneapolis, Minnesota 55402, OR (612) 326-1305, or by emailing syndicate@lakestreetcm.com; or at the SEC’s Web site at http://www.sec.gov.

This press launch shall not represent a suggestion to promote, or solicit a suggestion to buy, nor shall any sale of securities in any state or jurisdiction in which such suggestion, solicitation, or sale register may be illegal before or qualify under the securities legal guidelines of any such state or jurisdiction.

AquaBounty. About this

AquaBounty Applied Sciences, Inc. There is a pacesetter within the discipline of land-based aquaculture and the use of information to increase its productivity and sustainability. The firm aims to ensure the provision of high quality seafood to meet the demand of international shoppers, while addressing significant manufacturing constraints in the preferred cultivated species.

The firm’s Aqua Advantage Fish program is based on a single, specific molecular modification in fish that culminates in additional rapid progression into quick improvement. With aquaculture facilities located in Prince Edward Island, Canada, and Indiana, United States, AquaBounty is growing its disease-free, antibiotic-free salmon in land-based recycling aquaculture methods, which have reduced carbon footprint and There is no risk of air pollution of marine ecosystems. compared to traditional marine cage farming.

forward-looking statements

This press launch contains “forward-looking statements” as set forth in the Revised Personal Securities Litigation Reform Act of 1995, which include significant risks and uncertainties regarding AquaBounty, as well as with respect to the timing, dimensions, statements are not limited to. , and the use of proceeds from underwriting providing comprehensive inventory. AquaBounty reminders of “count,” “estimate,” “enterprise,” “intent,” “plan,” “objective,” “idea,” “discovery,” “estimate,” “can,” “focus” phrases can be used. “will,” and “could” and comparable expressions to determine such forward-looking statements. Among the many essential factors that would trigger accurate results to differ materially from those indicated by such forward-looking statements are threats, among various issues, whether AquaBounty will be able to raise further capital, market and various circumstances or No, the enterprise and monetary status of AquaBounty, and the impression of basic financial, public welfare, business or political circumstances in the United States or international

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