Material Event (Form 8-K)

Item 8.01 Other Events.

As previously reported, on October 7, 2026, AquaBounty Technologies, Inc. (the "Company") entered into conversion agreements with the holders of all outstanding shares of its Series A Convertible Preferred Stock (the "Series A Preferred Stock") and Series B Convertible Preferred Stock (the "Series B Preferred Stock" and, together with the Series A Preferred Stock, the "Preferred Stock"), under which all outstanding shares of Preferred Stock would automatically convert into shares of the Company's common stock, par value $0.001 per share (the "Common Stock"), upon the effectiveness of the Company's registration statement on Form S-3 covering the resale of those shares.

On October 23, 2026, the Securities and Exchange Commission declared the Company's Registration Statement on Form S-3 effective. Accordingly, on that date, all 263,753 outstanding shares of Series A Preferred Stock and all 109,223 outstanding shares of Series B Preferred Stock automatically converted into an aggregate of 8,077,043 shares of Common Stock, consisting of 5,771,929 shares issued upon conversion of the Series A Preferred Stock and 2,305,114 shares issued upon conversion of the Series B Preferred Stock. Following the conversion, no shares of Preferred Stock remain outstanding.

Following the conversion, there were 13,291,953 shares of Common Stock outstanding as of October 23, 2026.

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