AquaBounty Technologies Inc. has entered into new Note Purchase Agreements with certain investors, resulting in the issuance and sale of $4 million in Senior Notes through a private placement. The Senior Notes are unsecured, nonconvertible, and bear interest at 18% per annum, with a scheduled maturity date of 18 months from closing. Principal and interest are payable at maturity, or earlier if accelerated due to an event of default. Proceeds from the financing will be used for general corporate purposes, including working capital, operational funding, and debt repayment. Univest Securities, LLC acted as placement agent and will receive a fee equal to 7% of the gross proceeds, plus up to $125,000 for expenses. The agreements include restrictive covenants and allow investors to nominate an additional director to the board in the event of default.