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Sustainability

AquaBounty’s asset sales, shrinking cash reserves signal deepening crisis

With cash reserves dwindling and assets diminishing from recent sales, AquaBounty has less to fall back on -- Howard Tang, Peritus Capital

By Liza Mayer | Sept. 16, 2024 15:09 BST
Photo: AquaBounty
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AquaBounty's latest move to sell its Rollo Bay farm in the Canadian province of Prince Edward Island underscores its ongoing fight to remain viable amid mounting financial challenges, believes Howard Tang, CEO and managing partner of New York-based Peritus Capital [...]

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