AquaBounty to convert preferred stock into 8,077,043 common shares
AquaBounty Technologies agreed on October 7, 2026, that all outstanding Series A and Series B preferred shares will automatically convert into common stock. The company will issue 8,077,043 common shares to the preferred holders, who paid no additional consideration, which adds to the common shares that existing shareholders hold.
Key points
- Conversion occurs on the earlier of SEC effectiveness of the resale registration statement or October 30, 2026
- Shares issued: 5,771,929 for Series A and 2,305,114 for Series B, totaling 8,077,043 common shares
- Conversion prices: $0.9129 per share for Series A and $1.03 per share for Series B; holders waived dividends accruing after October 15, 2026
- The company will file a Form S-3 resale registration, kept effective until the earliest of full resale, Rule 144 eligibility, or the second anniversary of the Conversion Date
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 08, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.