AQUABOUNTY TECHNOLOGIES INC 8-K

What Happened
AquaBounty Technologies, Inc. (AQB) announced on February 11, 2026 that it entered into a Securities Purchase Agreement for a registered direct offering expected to close on February 13, 2026. The company agreed to sell 1,269,509 shares of common stock, 67,706 pre‑funded warrants and the 67,706 underlying common shares, at $0.86 per common share (or $0.859 per pre‑funded warrant), for aggregate gross proceeds of about $1,150,000. The offering is being made under a prospectus supplement to the company’s Form S‑3 registration statement (declared effective January 12, 2026).

Key Details

• Offering size: 1,269,509 common shares + 67,706 pre‑funded warrants (and the 67,706 underlying shares); aggregate gross proceeds ≈ $1.15 million.
• Prices: $0.86 per common share; $0.859 per pre‑funded warrant. Pre‑funded warrants exercisable immediately at $0.001 per share and do not expire.
• Placement agent: Univest Securities, LLC; fee = 7.0% of gross proceeds plus reimbursement of certain expenses (legal fees capped at $30,000).
• Intended use of proceeds: working capital and general corporate purposes.

Why It Matters
This is a capital‑raising transaction intended to provide near‑term liquidity for AquaBounty. The issuance will increase shares outstanding and the immediately exercisable pre‑funded warrants can convert into additional common shares, which are dilutionary to existing holders. Net proceeds will be reduced by the placement agent fee and reimbursable expenses. Investors should note the offering size and terms when assessing share supply and short‑term funding position.