AquaBounty (AQB)

[CogDiss 1188X]

AquaBounty up 40% over offering price of $6.50 on 12/7/20

Very positive development for a small biotech stock. It seems like they’ve hit an inflection point in the long journey to bring a new source of protein to world, one which might help take some pressure off wild fish populations as well.

A market cap of $500 million should look like an incredible bargain a few years from now.

AquaBounty Technologies, Inc. Announces Closing of $65.2 Million Upsized Public Offering of Common Stock, Including Full Exercise of Overallotment Option

AquaBounty announced underwritten public offering of 10,028,000 shares of common stock of the Company at a price to the public of $6.50 per share, which includes the underwriters’ full exercise of their option to purchase 1,308,000 shares at the public offering price less underwriting discounts and commissions. The gross proceeds to AquaBounty from the offering are approximately $65.2 million, before deducting underwriting discounts and commissions and offering expenses.

https://finance.yahoo.com/news/aquabounty-technologies-inc-announces-closing-210500771.html