GM land based salmon farmer AquaBounty has set the wheels in motion for a $56.7 million (€46.7 million) public offering of common shares in the company.
It so far hasnt said what the funds raised from the exercise will be used for.
AquaBounty also announced the selection of Innovasea, as its RAS technology provider for a third 10,000 metric ton farm, which is expected to expected begin construction in 2021 and be ready to commence commercial production in 2023 at a cost of $140-175 million (€115-144 million).
