AquaBounty Signs $1 Million Bridge Loan Note with Affiliate of Univest Securities
AquaBounty Technologies issued a promissory note on October 29, 2026, under which its lender, Commas International LLC, an affiliate of Univest Securities, may advance up to $1,000,000; the company has received $500,000 so far. The note is unsecured, carries 9% interest on the initial advance, and the initial advance is due October 29, 2028, which adds a debt obligation for shareholders to weigh alongside the company's short-term liquidity needs.
Key points
- Up to $1,000,000 in advances under the Note; $500,000 received as of the report date
- Initial advance bears 9% annual interest and is due October 29, 2028
- Note is unsecured, not convertible into equity, and has no financial covenants
- Univest Securities, which owns about 10.7% of common stock, previously acted as placement agent for the company's financings
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 November 02, 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.