AquaBounty Converts All Preferred Stock Into 8.08M Common Shares
AQB sits 16% above its 52-week low of $0.774 on light trading volume (0.1× avg).
Summary
AquaBounty entered into agreements to automatically convert all outstanding Series A and Series B preferred stock into 8,077,043 common shares by October 30, 2026, with registration rights for resale.
Key Events · Financing and Capital Events · AQB
-
Preferred Stock Conversion
All outstanding Series A and Series B preferred stock will automatically convert into 8,077,043 common shares on the earlier of SEC effectiveness or October 30, 2026.
-
Conversion Prices
Series A converts at $0.9129 per share and Series B at $1.03 per share, both near the current $0.9012 market price.
-
Registration Rights
Company must file an S-3 registration statement covering resale of the conversion shares and keep it effective for up to two years.
-
Dividend Waiver
Preferred holders waived all dividends accruing after October 15, 2026, reducing the company's cash obligations.
Analysis · AQB · Industrial Applications And Services
AquaBounty is forcing conversion of all outstanding Series A and Series B preferred stock into 8,077,043 common shares by October 30, 2026. The conversion prices of $0.9129 and $1.03 are near the current $0.9012 share price, meaning preferred holders receive common stock at roughly market value. This eliminates the preferred overhang and simplifies the capital structure, but it also creates a large block of newly registered shares that can be sold into the market once the S-3 registration statement is effective. For a company with only $1.9 million in cash and a going concern warning, this conversion removes a layer of preferred claims but does not bring in new capital — it is a balance sheet restructuring, not a financing.
How filings like this one have moved
In the 30 days to Oct 8, 2026, 36.4% of the 1080 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, AQB was trading at $0.90 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $4.8M. The 52-week trading range was $0.77 to $2.16. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.