The conversion eliminates the preferred dividend burden and preferred overhang, but the resulting dilution is severe and the registration rights granted for resale will create persistent selling pressure. Watch for the S-3 effectiveness date and subsequent selling by converting holders.
Price Chart
Executive Summary
AquaBounty Technologies entered into conversion agreements with holders of its Series A and Series B Convertible Preferred Stock, under which all outstanding preferred shares will automatically convert into 8,077,043 shares of common stock on the earlier of SEC registration effectiveness or October 30, 2026. The conversion eliminates the preferred stock overhang and associated dividend obligations, but massively dilutes existing common shareholders.
Key Facts
- All outstanding Series A and Series B Convertible Preferred Stock will automatically convert into common stock on or before October 30, 2026.
- Total of 8,077,043 common shares will be issued: 5,771,929 from Series A and 2,305,114 from Series B.
- Series A conversion price is $0.9129 per share; Series B conversion price is $1.03 per share.
- Preferred holders waived dividends accruing after October 15, 2026.
- Company will file an S-3 registration statement to register the resale of the conversion shares.
- No additional cash consideration is paid by holders; the exchange is exempt under Section 3(a)(9) of the Securities Act.
Financial Impact
Issuance of 8,077,043 new common shares represents massive dilution to existing common shareholders. No cash proceeds to the company.
Risk Factors
- Massive dilution to existing common shareholders
- Potential for immediate selling pressure once the registration statement becomes effective
- No new capital raised for the company
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001603978-26-000092 |
| Document: aqb-20261007xex10_2.htm | 0001603978-26-000092 |
| Document: aqb-20261007x8k.htm | 0001603978-26-000092 |
| Document: 0001603978-26-000092-index-headers.html | 0001603978-26-000092 |
| Document: 0001603978-26-000092-index.html | 0001603978-26-000092 |
| Document: 0001603978-26-000092.txt | 0001603978-26-000092 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | EFFECT | $1.05 | awaiting T+5 | — | $1.15 (−9.52%) |
Oct 23, 2026 3d ago | 8-K | $1.11 | awaiting T+5 | — | $1.15 (+3.60%) |
Oct 13, 2026 13d ago | S-3 | $1.04 $1.08 | ▼ −3.85% | ▼ −3.39% | $1.15 (−10.58%) |
Oct 8, 2026 18d ago | 8-K | $0.9742 $1.10 | ▼ −12.91% | ▼ −13.19% | $1.15 (−18.05%) |
Jul 8, 2026 15w ago | 8-K | $0.9400 $0.9600 | ▲ +2.13% | ▲ +1.26% | $1.15 (+22.34%) |
Jun 30, 2026 16w ago | 8-K | $1.07 $0.9698 | ▲ +9.36% | ▲ +9.63% | $1.15 (−7.48%) |
Apr 8, 2026 28w ago | 8-K | $0.9300 $1.12 | ▲ +20.43% | ▲ +16.91% | $1.15 (+23.66%) |
US Market Status
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