Company: BSFC
Filing Date: 2025-03-05
Form Type: S-1
Source: 0001493152-25-009166
Chunk: 45

Company: Blue Star Foods Corp.
Filing Date: 2025-03-05
Form: S-1
Chunk 45
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 with the Securities and Exchange Commission to register the re-sale of the maximum number of shares of Common Stock covered in the August Private Placement Offering within sixty (60) calendar days from the date of execution. The Securities Purchase Agreements and Private Placement Notes are collectively referred to herein as the August Transaction Documents.

The Selling Stockholders, may, from time to time, offer and sell pursuant to this prospectus any or all of the shares referred to above. The Selling Stockholders may also sell, transfer or otherwise dispose of all or a portion of their shares in transactions exempt from the registration requirements of the Securities Act.

The Selling Stockholders may sell some, all or none of its shares. We do not know how long the Selling Stockholders will hold the shares before selling them, and we currently have no agreements, arrangements or understandings with the Selling Stockholders regarding the sale of any of the shares.

Beneficial ownership is determined in accordance with Rule 13d-3(d) promulgated by the SEC under the Exchange Act. The percentage of shares beneficially owned prior to the offering is based on 15,401,858 shares of our Common Stock outstanding as of March 5, 2025.

The following table sets forth the shares beneficially owned, as of March 4, 2025 by the Selling Stockholders prior to the offering contemplated by this prospectus, the number of shares that the Selling Stockholders may offer and sell from time to time under this prospectus and the number of shares which the Selling Stockholders would own beneficially if all such offered shares are sold.

| Name of Selling Stockholders         |     | Beneficial Ownership Before the Offering |            |     | Shares of Common Stock Included in Prospectus |            |       |     | Beneficial      
 Ownership After 
 the Offering    |   |     | Percentage of Ownership After the Offering |   |
| ClearThink Capital Partners, LLC (5) |     |                                          | 17,526,735 |     |                                               | 17,526,735 | -1)(2 |     |                 | - |     |                                            | * |
| Jefferson Street Capital, LLC (6)    |     |                                          |    500,000 |     |                                               |    500,000 | -1)(3 |     |                 | - |     |                                            | * |
| Quick Capital, LLC (7)               |     |                                          |    500,000 |     |                                               |    500,000 | -1)(4