AquaBounty Eyes Final Asset Sale After Exiting Salmon Operations
AquaBounty Technologies has received a non-binding purchase offer for its incomplete Ohio recirculating aquaculture system facility, marking a potential conclusion to the company's transformation from salmon farmer to asset liquidator.
The genetically modified salmon pioneer disclosed in its annual report that it received a Letter of Interest to purchase its Ohio subsidiary, which houses the company's last significant asset after systematically divesting all operational farms. The $145 million Ohio facility has sat incomplete since construction was paused in June 2023 due to escalating costs...
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