AquaBounty Technologies Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>AquaBounty Technologies will hold its 2024 Annual Meeting on May 23, 2024, to elect directors, ratify auditors, and approve executive compensation.</b>

AI Summary

AQUABOUNTY TECHNOLOGIES INC (AQB) filed a Proxy Statement (DEF 14A) with the SEC on April 5, 2024. The 2024 annual meeting of AquaBounty Technologies, Inc. will be held on May 23, 2024. The meeting will take place at 8:30 a.m. Eastern Time at 233 Ayer Road, Suite 4, Harvard, MA 01451. Key proposals include electing seven directors, ratifying Deloitte & Touche LLP as independent auditors, and approving executive compensation. Stockholders of record as of March 25, 2024, are entitled to vote. The Board of Directors recommends voting 'FOR' all proposals.

Why It Matters

For investors and stakeholders tracking AQUABOUNTY TECHNOLOGIES INC, this filing contains several important signals. This filing is a proxy statement, indicating key corporate governance decisions are being put to a shareholder vote. The proposals directly impact the company's leadership, financial oversight, and executive remuneration structure.

Risk Assessment

Risk Level: — AQUABOUNTY TECHNOLOGIES INC shows moderate risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational red flags presented.

Analyst Insight

Review the director nominees and executive compensation details to inform voting decisions for the upcoming annual meeting.

Key Numbers

• 7 — Directors to be elected (Proposal 1: Election of directors)
• 2024 — Fiscal year for auditor ratification (Proposal 2: Ratification of independent registered public accounting firm)
• 2024-05-23 — Annual Meeting Date (Notice of Annual Meeting)
• 2024-03-25 — Record Date (Stockholder eligibility for voting)

Key Players & Entities

• AquaBounty Technologies, Inc. (company) — Registrant name
• Deloitte & Touche LLP (company) — Independent registered public accounting firm
• May 23, 2024 (date) — Date of annual meeting
• March 25, 2024 (date) — Record date for voting eligibility
• 233 Ayer Road, Suite 4, Harvard, MA 01451 (location) — Meeting address

FAQ

Industry Context

AquaBounty Technologies operates in the aquaculture industry, focusing on land-based fish farming.

Regulatory Implications

This filing is made under Section 14(a) of the Securities Exchange Act of 1934, governing proxy solicitations.

What Investors Should Do

1. Review the list of director nominees and their qualifications.
2. Examine the details of the proposed executive compensation plan.
3. Understand the role and ratification of Deloitte & Touche LLP as the independent auditor.

Key Dates

• 2024-05-23: Annual Meeting of Stockholders — To elect directors, ratify auditors, and approve executive compensation.
• 2024-03-25: Record Date — Determines eligibility to vote at the annual meeting.

Year-Over-Year Comparison

This is the initial filing for the 2024 proxy season, providing details for the upcoming annual meeting.

Key Financial Figures

• $2 — e cost for this service is estimated at $2 0 ,000, including expenses. In addition

Filing Documents

• aqb-20240405xdef14a.htm (DEF 14A) — 599KB
• aqb-20240405xdef14ag001.jpg (GRAPHIC) — 5KB
• aqb-20240405xdef14ag002.jpg (GRAPHIC) — 4KB
• aqb-20240405xdef14ag003.jpg (GRAPHIC) — 41KB
• aqb-20240405xdef14ag004.jpg (GRAPHIC) — 171KB
• aqb-20240405xdef14ag005.jpg (GRAPHIC) — 102KB
• 0001603978-24-000017.txt (&nbsp;) — 1045KB

Forward-Looking Statements

Forward-Looking Statements &#xFEFF; This proxy statement contains &#x201C;forward-looking statements&#x201D; as defined in the Private Securities Litigation Reform Act of 1995, as amended, that involve significant risks and uncertainties about AquaBounty. All statements other than statements of historical fact are forward-looking statements and AquaBounty may use words such as &#x201C;expect,&#x201D; &#x201C;anticipate,&#x201D; &#x201C;project,&#x201D; &#x201C;intend,&#x201D; &#x201C;plan,&#x201D; &#x201C;aim,&#x201D; &#x201C;believe,&#x201D; &#x201C;seek,&#x201D; &#x201C;estimate,&#x201D; &#x201C;can,&#x201D; &#x201C;focus,&#x201D; &#x201C;will,&#x201D; and &#x201C;may , &#x201D; similar expressions and the negative forms of such expressions to identify such forward-looking statements. We have based these forward-looking statements on our current expectations, assumptions, estimates, and projections. While we believe these expectations, assumptions, estimates, and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks, uncertainties, and other factors, many of which are outside of our control, which could cause our actual results, performance, or achievements to differ materially from any results, performance, or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to: our history of net losses and the likelihood of future net losses; our ability to continue as a going concern; our ability to raise substantial additional capital on acceptable terms, or at all, which is required to implement our business strategy as planned, or at all; our ability to raise additional funds in sufficient amounts on a timely basis, on acceptable terms, or at all; our ability to attract and retain key personnel, including key management personnel; our ability to retain and reengage key vendors and engage additional vendors, as needed; our ability

View Full Filing

View this DEF 14A filing on SEC EDGAR