AquaBounty Preferred Converts; Common Shares Outstanding Rise to 13.29M

summarizeSummary

AquaBounty's S-3 went effective October 23, 2026, automatically converting all preferred into 8,077,043 common shares and leaving 13,291,953 shares outstanding with no preferred remaining.

check_boxKey Events · Financing and Capital Events · AQB

• Preferred Converts Into 8.08M Common Shares

  All 263,753 Series A and 109,223 Series B preferred shares automatically converted into 8,077,043 common shares — 5,771,929 from Series A and 2,305,114 from Series B — upon SEC effectiveness of the Form S-3 on October 23, 2026.

• Share Count Rises to 13.29M

  Common shares outstanding totaled 13,291,953 as of October 23, 2026, with no preferred stock remaining outstanding.

• Resale Overhang Now Tradable

  The 8,077,043 shares were registered for resale under the S-3 filed October 13, 2026, so the converting holders can now sell into the market.

• Cash Cushion Remains Thin

  As previously disclosed in the August 6, 2026 10-Q, the company had $1.9 million in cash and a going concern warning, making further capital raising likely.

auto_awesomeAnalysis · AQB · Industrial Applications And Services

The conversion itself was already announced on October 7 and the resale registration filed October 13, so this is the expected completion rather than new news. What it does add is the hard arithmetic: 8,077,043 new common shares now sit on top of the prior base, taking total shares outstanding to 13,291,953, and all preferred is gone. That matters because the company reported only $1.9 million of cash with a going concern warning in its August 10-Q — the newly registered shares are a resale overhang on a micro-cap with a thin cash cushion, and the simplified capital structure clears the way for further financing.