Company: BSFC
Filing Date: 2025-03-05
Form Type: S-1
Source: 0001493152-25-009166
Chunk: 196

Company: Blue Star Foods Corp.
Filing Date: 2025-03-05
Form: S-1
Chunk 196
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2023, the Company issued an aggregate of 27,584shares of common stock to Lind with a fair value of $ 3,053,089as payment of $ 2,075,900of note principal due on the convertible promissory note, and recorded a loss of $ 977,188.

During the nine months ended September 30, 2023, the Company issued an aggregate of 685shares of common stock to the designee of ClearThink for consulting services provided to the Company.

On January 25, 2024, the Company issued 7,092shares of common stock to ClearThink, with a fair value of $ 50,000, as a commitment fee on the term loan.

On February 12, 2024, the Company issued 100,000shares of common stock to be held by The Crone Law Group as Escrow Agent with a fair value of $ 630,000in connection with the Option Agreement with Afritex Texas.

| F-47 |

On May 22, 2024, the Company issued 10,000shares 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 an aggregate of 39,300shares of common stock to Jefferson and Quick Capital, with a fair value of $ 45,588, as a commitment fee on the term loan.

During the nine months ended September 30, 2024, the Company issued an aggregate of 1,339,656shares of common stock in consideration of proceeds of $ 2,982,415pursuant to a securities purchase agreement, dated May 16, 2023 with ClearThink.

During the nine months ended September 30, 2024, the Company issued an aggregate of 571,531shares of common stock to Lind as partial conversion of $ 1,144,900principal pursuant to the May 2023 convertible promissory note.

During the nine months ended September 30, 2024, the Company issued an aggregate of 37,620shares of common stock to the designee of ClearThink with a fair value of $ 98,999for consulting services provided to the Company.

During the nine months ended September 30, 2024, the Company sold an aggregate of 979,823shares of common stock for net proceeds of $ 1,036,911in an “at