Brief: AquaBounty Technologies Says Units Entered Into An Asset Purchase Agreement With Superior Fresh LLC
02/07/2024 13:42
July 2 (Reuters) - AquaBounty Technologies Inc AQB.O :
* AQUABOUNTY TECHNOLOGIES INC - ON JUNE 28 UNITS ENTERED
INTO AN
ASSET PURCHASE AGREEMENT WITH SUPERIOR FRESH LLC
* AQUABOUNTY TECHNOLOGIES-SUPERIOR FRESH WILL ACQUIRE AQB
INDIANA'S AQUACULTURE FACILITY, CERTAIN EQUIPMENT FROM AQB OHIO
FOR CASH PROCEEDS OF $9.5 MILLION
* AQUABOUNTY TECHNOLOGIES INC - PORTIONS OF PROCEEDS OF SALE
ARE
EXPECTED TO BE USED TO REDUCE CO'S SECURED TERM LOAN
Source text for Eikon: ID:n0001603978-24-000053
Further company coverage: AQB.O
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Aquabounty Technologies
See all newsAquaculture firm AquaBounty Tech's Q3 net loss narrows to $1.4 mln
AquaBounty Q2 net loss narrows to $3.4 mln
Brief: Aquabounty Technologies Inc - Kcs To Acquire Aqua Bounty Canada For C$3,022,559
Brief: Aquabounty Technologies Receives Nasdaq Notice For Minimum Bid Price Non-Compliance
Brief: Aquabounty Technologies Appoints David Frank As Interim CEO