AquaBounty Technologies, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $6.7M
- Price
- $1.31
- % Change (Daily % change from the live per-ticker quote feed.)
- 0.00%
- Volume
- 46.4K
About
AquaBounty Technologies, Inc. is a biotechnology firm dedicated to boosting productivity within the commercial fish farming sector across the United States and Canada. The company's research initiatives delve into genetics, genomics, fish health, and nutrition. Its flagship offering is AquAdvantage Salmon, a genetically engineered Atlantic salmon intended for human consumption. Beyond this, AquaBounty also supplies conventional Atlantic salmon, along with salmon eggs, juvenile fish (fry), and various byproducts. Established in 1991, the firm maintains its headquarters in Maynard, Massachusetts. It operated under the name Aqua Bounty Farms, Inc. until its rebranding in June 2004.
Quick stats
Shares outstanding5.1M
Computed float3.8M
Float / shares73.9%
Cash runway (months)5.5
Key info
SectorConsumer Defensive
IndustryAgricultural Farm Products
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001603978
Websitehttps://www.aquabounty.com
AI Summary
AI-generated1/2
standardbullishoperations update
AquaBounty Technologies Announces Expansion of Strategic Alternatives Review to Include Power Infrastructure Development Opportunities
AquaBounty is expanding its strategic review of the Pioneer, Ohio property to include opportunities in power infrastructure and energy development, aiming to maximize shareholder value.
The site offers access to approximately 50 megawatts of electrical capacity and a permit to withdraw 5.25 million gallons per day of groundwater, assets management believes are attractive for data centers and energy-intensive industries.
The company plans to engage with developers and utilities regarding potential sales, joint ventures, or leases, though there is no assurance a transaction will occur.
Red flags
- no assurance that the strategic review process will result in any transaction
- Company does not intend to provide updates regarding the process unless and until its Board of Directors determines that further disclosure is appropriate