AquaBounty Prices Underwritten Public Offering at $13.5 Million
Land-based aquaculture company AquaBounty Technologies announces it has priced an underwritten public offering of 9,000,000 shares of common stock at $1.50 per share.
AquaBounty also said it granted the underwriter a 45-day option to purchase up to an additional 1,350,000 shares of common stock to cover over-allotments.
The offering is expected to close on or about February 13, 2020, subject to the satisfaction of customary closing conditions, AquaBounty wrote in a press release.
The aggregate gross proceeds to the company from the offering are about $13.5...
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