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AquaBounty Technologies announces resignation of general counsel Angela Olsen

Published 15/08/2025, 13:14
AquaBounty Technologies announces resignation of general counsel Angela Olsen
AQB
1.10%

AquaBounty Technologies, Inc. (NASDAQ:AQB) disclosed that Angela Olsen has submitted her voluntary resignation as General Counsel, Chief Compliance Officer, and Corporate Secretary. The company reported in a statement filed with the Securities and Exchange Commission that Olsen notified AquaBounty of her decision on August 14, 2025. Her resignation will be effective August 22, 2025. The news comes as the company faces significant financial challenges, with InvestingPro data showing a weak financial health score of 1.69 and a concerning current ratio of 0.3.

According to the filing, Olsen confirmed that her departure is not the result of any disagreement with AquaBounty or any matter related to the company’s operations, policies, or practices.

AquaBounty, based in Harvard, Massachusetts, is listed on the NASDAQ Stock Market. The company did not announce an immediate replacement for Olsen in the filing.

This information is based on a press release statement included in the company’s SEC filing.

In other recent news, AquaBounty Technologies held its Annual Meeting of Stockholders where several significant proposals were voted on. Shareholders approved the election of all nominated directors to the company’s Board for one-year terms. The voting results showed that Gail Sharps Myers, Christine St.Clare, Rick Sterling, and Sylvia A. Wulf were successfully elected, with varying numbers of votes for and withheld. Additionally, the meeting included the ratification of the company’s independent registered public accounting firm. These developments indicate ongoing governance activities within AquaBounty Technologies. The outcomes reflect shareholder support for the current leadership and financial oversight.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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