>>24619753
Same time their salmon stop growing, never
AQB
Key Highlights
-- Commenced harvesting of conventional Atlantic salmon in June at the
Company's Indiana farm, validating its land-based Recirculating
Aquaculture System as an efficient and sustainable way to raise Atlantic
salmon.
-- Growth and feed conversion ratio targets for the Company's AquAdvantage
salmon (AAS) are tracking as expected, validating the economics and
preparing the company for the imminent first-ever harvest of AAS.
-- Identified Mayfield in Graves County, Kentucky as the leading site
location for its planned large-scale farm designed for the Company's
proprietary AquAdvantage salmon after an exhaustive nationwide search
spanning approximately 230 sites.
-- Raised gross proceeds of $31.6 million through an underwritten public
offering of 12.65 million shares of common stock at a price of $2.50 per
share.