Company: BSFC
Filing Date: 2025-06-23
Form Type: 10-K
Source: 0001641172-25-015976
Chunk: 623

Company: Blue Star Foods Corp.
Filing Date: 2025-06-23
Form: 10-K
Item: Item 1B
Chunk 623
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 certain
    contractors under the 2018 Plan; (v) five-year options to purchase an aggregate of 125 shares of common stock at an exercise price
    of $2,000.00 per share to the Company’s directors; (vi) three-year options to purchase 28 shares of common stock at an
    exercise price of $860.00 per share to an employee; (vii) three-year options to purchase 6 shares of common stock at an exercise
    price of $790.00 per share to an employee; and (viii) three-year options to purchase 1,030 shares of common stock at an exercise
    price of $17.75 per share to an employee.

28

Recent
Sales of Unregistered Securities

Except
as set forth below, there were no sales of equity securities during the period covered by this Report that were not registered under
the Securities Act and were not previously reported in a Quarterly Report on Form 10-Q or a Current Report on Form 8-K filed by the Company.

During
the months of January 1, 2024 to March 1, 2025, the Company issued an aggregate of 430,880 shares of common stock, to the designee of
ClearThink Capital for consulting services provided to the Company.

During the months of June 1, 2024 to December 31,
2024, the Company issued an aggregate of 1,732,108 shares of common stock to Lind to settle its convertible notes.

On
May 22, 2024, the Company issued 10,000 shares of common stock to Hart, with a fair value of $23,300, as a commitment fee on the promissory
note.

On
August 12, 2024, the Company issued 19,650 shares of common stock to Jefferson Street Capital, LLC, with a fair value of $22,794, as
a commitment fee on the promissory note.

On
August 12, 2024, the Company issued 19,650 shares of common stock to Quick Capital, LLC, with a fair value of $22,794, as a commitment
fee on the promissory note.

On
October 18, 2024, the Company issued 172,000 shares of common stock with a fair value of $86,000 to Mark Crone for consulting services
provided to the Company.

On
October 18, 2024, the Company issued