Company: BSFC
Filing Date: 2025-03-05
Form Type: S-1
Source: 0001493152-25-009166
Chunk: 200

Company: Blue Star Foods Corp.
Filing Date: 2025-03-05
Form: S-1
Chunk 200
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 168,000shares of common stock with a fair value of $ 84,000to Walter F. Lubkin Jr. for consulting services provided to the Company.

In October 2024, November 2024, and December 2024, the Company issued an aggregate of 1,319,779shares of common stock to Lind as partial conversion of $ 355,100principal pursuant to the May 2023 and July 2023 convertible promissory note.

In October 2024 and November 2024, the Company sold an aggregate of 4,390,353shares of common stock for net proceeds of $ 2,206,258in an “at the market” offering pursuant to a sales agreement between the Company and Wainwright.

On December 27, 2024 and January 17, 2025, the Company issued an aggregate of 500,000 shares of common stock to Jefferson as partial conversion of $42,269principal pursuant to the convertible promissory note.

On January 13, 2025 and February 25, 2025, the Company issued an aggregate of 750,000shares of common stock to Quick Capital as partial conversion of $ 57,672principal pursuant to the convertible promissory note.

On January 14, 2025, the Company issued 480,000shares of common stock to each of Nubar Herian and John Keeler, 960,000shares of common stock to each of Timothy McLellan and Trond Ringstad, and 1,440,000shares of common stock to Jeffrey Guzy, for serving as directors of the Company

On February 25, 2025, the Company issued an
aggregate of 156,484 shares of common stock to Jefferson as partial conversion of $10,000 in accrued interest pursuant to the convertible
promissory note.

Note issuances

On October 1, 2024, pursuant to a securities purchase
agreement, the Company issued to Diagonal a convertible promissory note in the principal amount of $121,900 with an original issue discount
of $15,900 (the “October Diagonal Note”). The October Diagonal Note has a one-time interest payment of $14,628 paid upon issuance
and a maturity date of June 30, 2025. The proceeds from the sale of the October Diagonal Note are for general working capital. Upon the
occurrence of an event of default as described in the October Diagonal