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AquaBounty to Convert All Preferred Into Common; 8.08M Shares Expected by Oct 30 2026
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AquaBounty entered into conversion agreements with holders of its Series A and Series B preferred stock to automatically convert all preferred shares into common stock on the earlier of SEC effectiveness of a resale registration or Oct 30, 2026. Based on stated liquidation values, accrued dividends through Oct 15, 2026, and conversion prices of $0.9129 (Series A) and $1.03 (Series B), the company will issue 8,077,043 common shares in total: 5,771,929 for Series A and…