#Denmark #Technology #Water Filtration #Kongens Lyngby #Aquaporin A/S

Aquaporin A/S Initiates Insolvency Proceedings

Aquaporin A/S, a trailblazer in innovative water technology, has announced a significant corporate decision: the withdrawal of its recently proposed rights issue. This decision comes alongside a solemn resolution to begin insolvency proceedings, marking a bleak chapter for the company known for its pioneering Aquaporin Inside® technology.

On January 30, 2026, Aquaporin's Board of Directors communicated that, despite extensive efforts to secure subscription commitments for the rights offering announced back in December 2025, the company fell short of its financial goals. Although support from shareholders and pre-subscription commitments were notable, they ultimately did not translate into the necessary funds needed to sustain the company in the near term.

The board intricately analyzed various avenues to attract investors, aiming to raise capital through strategic transactions or potential sale of assets. Unfortunately, despite these diligent efforts, the management team was unable to identify partners or investors willing to contribute sufficient capital for continued operations.

This decision to withdraw the offering and embark on insolvency reflects the board’s conclusion that there wasn't a viable path forward for Aquaporin to secure a sustainable financing solution as a going concern. The company has communicated its regret over these circumstances, which it attributes to the inability to drive commercialization of its water technology at a critical pace and scale.

Aquaporin's technology, rooted in nature-inspired processes, positions it uniquely within the water treatment sector, addressing pressing global challenges around water purification, energy efficiency, and sustainability. This technology is not just relevant on a theoretical level; it combines biology, chemistry, and physics to create efficient filtration membranes with potential applications in various industries, including food and beverage, carbon capture, and wastewater treatment. The company has envisioned making a significant positive impact on the global water market, primarily driven by its proprietary technologies tailored to enhance the quality and accessibility of drinking water. However, without the necessary financing, these ambitions remain unfulfilled.

The withdrawal of the rights offering means that all pre-emptive rights exercised in association with it will be null and void, leading to losses for shareholders who purchased these rights. The company also conveyed that any subscription amounts for new shares would be refunded, minus transaction costs, and emphasized that they would not be held accountable for losses incurred due to the withdrawal.

As a next step following this announcement, Aquaporin plans to file for bankruptcy and appoint a trustee. The impact on its trading status is notable, as Nasdaq Copenhagen is expected to suspend the trading of the company’s shares soon. The company has expressed deep gratitude to its employees, customers, and investors who have supported its journey thus far but acknowledges that further backing was crucial to its survival.

The prospects of Aquaporin as a beacon of innovative water solutions now hang in the balance as it navigates these tumultuous waters of insolvency. The team at Aquaporin remains hopeful for clarity and candid communication as they proceed with the requisite legal proceedings and aim to inform all stakeholders about the necessary steps as they evolve from here.

Aquaporin's journey isn’t just a tale of corporate finances; it's also a lesson in accountability to stakeholders in a time of unprecedented challenges for technology-driven companies.

For further updates and detailed information regarding the bankruptcy filings and future announcements, the management encourages stakeholders to stay connected through the company’s communications channels.