AquaBounty converts all preferred stock to common; 8.1M shares issued

AquaBounty entered into conversion agreements on October 7, 2026, under which all outstanding Series A and Series B Convertible Preferred Stock will convert into 8,077,043 shares of common stock, either when a registration statement becomes effective or by October 30, 2026. This represents a significant dilution event: preferred holders are converting at conversion prices of $0.9129 (Series A) and $1.03 (Series B), well below the stated liquidation values of $18.2580 and $20.60, suggesting the preferred holders agreed to take a substantial haircut. The conversion triggers mandatory registratio

AquaBounty is converting preferred stock owned by early investors into 8.1 million shares of common stock, which will dilute existing shareholders and likely be sold on the open market once permitted.