Document:

Exhibit
10.60

 

STOCK
PLEDGE AGREEMENT

 

This
PLEDGE AGREEMENT (this “Agreement”) is made as of January 24, 2022, by and between BLUE
STAR FOODS CORP., a Delaware corporation (the “Company”) and LIND GLOBAL FUND II LP (the
“Secured Party”).

 

WHEREAS,
the Company (a) and the Secured Party have entered into that certain Securities Purchase Agreement dated as of the date hereof (as amended
and in effect from time to time, the “SPA”) and (b) has issued to the Secured Party that certain Senior Secured Convertible
Promissory Note dated as of the date hereof (as amended and in effect from time to time, the “Note”); and

 

WHEREAS,
the Company is the direct legal and beneficial owner of all of the issued and outstanding shares of each class of the capital stock of
JOHN KEELER & CO. INC., a Florida corporation (the “Subsidiary”); and

 

WHEREAS,
the Company has granted to the Secured Party a security interest in and lien on substantially all of its assets in order to secure the
payment and performance of the Obligations (as such term is defined in the Security Agreement) pursuant to the terms of a Security Agreement
dated as of the date hereof between the Company and the Secured Party (as amended and in effect from time to time, the “Security
Agreement”); and

 

WHEREAS,
it is a condition precedent to the Secured Party agreeing to make loans or otherwise extend credit to the Company under the SPA and the
Note that the Company execute and deliver to the Secured Party a pledge agreement in substantially the form hereof; and

 

NOW,
THEREFORE, in consideration of the premises contained herein and for other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto agree as follows:

 

1.
Pledge.

 

1.1. Pledge
of Securities. (a) The Company hereby ratifies and affirms the grant of security interests made pursuant to the Security
Agreement, and (b) in addition, the Company hereby pledges, assigns, grants a security interest in, and delivers to the Secured
Party, all of the shares of capital stock or other units of equity ownership of every class of the Subsidiary now owned or hereafter
acquired by the Company, as more fully described on Annex A hereto, hereto, including without limitation, (i) all payments or
distributions, whether in cash, property or otherwise, at any time owing or payable to the Company on account of its interest as a
shareholder in the Subsidiary, (ii) all of the Company’s rights and interest under the organizational documents of the
Subsidiary, including all voting and management rights and rights to grant or withhold consents or approvals; (iii) all rights of
access and inspection to and use of all books and records, including computer software and computer software programs, of the
Subsidiary, (iv) all other rights, interests, property or claims to which the Company may be entitled in its capacity as a
stockholder of the Subsidiary, and (v) all proceeds, income from, increases in and products of any of the foregoing. The
certificates for such shares, accompanied by stock powers or other appropriate instruments of assignment thereof duly executed in
blank by the Company, shall be delivered to the Secured Party by not later than the date which is ninety (90) days after the date
hereof and the Company hereby covenants to deliver such certificates and powers by such date.

 

    	 

    	-2-

    

 

1.2. Additional
Securities. The Subsidiary agrees that it shall not authorize or issue any additional shares of capital stock or other
interests of the Subsidiary after the date hereof without the prior written consent of the Secured Party, and the Company agrees it
will not permit the Subsidiary to authorize or issue any additional shares of capital stock equity interests after the date hereof
without the prior written consent of the Secured Party. In case the Company shall acquire any additional shares of capital stock or
other equity interests of the Subsidiary or any corporation or other entity which is the successor of the Subsidiary, or any
securities exchangeable for or convertible into shares of capital stock or such other equity interests of any class of the
Subsidiary, whether by purchase, dividend, split or otherwise, or any other Person which becomes a subsidiary, then such shares or
other securities shall be subject to the pledge, assignment and security interest granted to the Secured Party under this Agreement
and the Company shall deliver to the Secured Party forthwith any certificates therefor, accompanied by stock powers or other
appropriate instruments of assignment duly executed by the Company in blank. The Company agrees that the Secured Party may from time
to time attach as Annex A hereto an updated list of the shares of capital stock or securities at the time pledged with the
Secured Party hereunder.

 

1.3. Pledge
of any account into which cash collateral is held. The
Company also hereby pledges, assigns, grants a security interest in, and delivers to the Secured Party, any account into which any
Cash Collateral is deposited and all of the Cash Collateral as such terms are hereinafter defined.

 

2.
Definitions. The term “Obligations” and all other capitalized terms used herein without definition shall
have the respective meanings provided therefor in the Security Agreement. Terms used herein and not defined in the Security Agreement
or otherwise defined herein that are defined in the Uniform Commercial Code of the State of New York (the “NY UCC”)
have such defined meanings herein (with terms used in Article 9 controlling over terms used in another Article), unless the context otherwise
indicated or requires, and the following terms shall have the following meanings:

 

Cash
Collateral. See §4.

 

Event
of Default. Means the occurrence of any of the following: (a) an Event of Default as defined in the SPA, (b) an Event of Default
as defined in the Note, (c) an Event of Default as defined in the Security Agreement, or (d) any other default under any other Transaction
Document.

 

    	 

    	-3-

    

 

Securities.
Includes the shares of stock, membership interests and other equity interests described in Annex A attached hereto and any additional
shares of stock, membership interests or other equity interests at the time pledged with the Lender hereunder and the interests described
in clauses (b)(i) through (v) of §1.1 of this Agreement.

 

Securities
Act. See §7.3.

 

Securities
Collateral. The property at any time pledged to the Secured Party hereunder (whether described herein or not) and all income therefrom,
increases therein and proceeds thereof, including without limitation that included in Cash Collateral. The term does not include any
income, increases or proceeds received by the Company to the extent expressly permitted by §6.

 

Transaction
Documents. The SPA, the Note, the Security Agreement, and the other “Transaction Documents” as defined in the SPA.

 

3.
Security for Obligations. This Agreement and the security
interest in and pledge of the Securities Collateral hereunder are made with and granted to the Secured Party as security for the payment
and performance in full of all the Obligations.

 

4.
Liquidation, Recapitalization, etc. Any sums or other property paid or distributed upon or with respect to any of the Securities,
whether by dividend or redemption or upon the liquidation or dissolution of the issuer thereof or otherwise, shall, except to the limited
extent provided in §6, be paid over and delivered to the Secured Party to be held by the Secured Party as security for the payment
and performance in full of all of the Obligations. To the extent any such property paid or distributed pursuant to the immediately preceding
sentence is in the form of money, the Secured Party shall have the right (but not the obligation) to deposit such money in a deposit
account with a depository satisfactory to the Secured Party and any such funds may be invested in such items as the Secured Party may
elect, and the Secured Party shall have a perfected security interest in all such sums or other property so paid or distributed and all
proceeds thereof (and any interest earned shall continue to be held by the Secured Party as security for the payment and performance
in full of all of the Obligations). Any money so received by the Secured Party pursuant to this §4, any account into which it shall
be deposited and all proceeds thereof shall be referred to herein as the “Cash Collateral”. In case, pursuant to the
recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, any distribution
of capital shall be made on or in respect of any of the Securities or any property shall be distributed upon or with respect to any of
the Securities, the property so distributed shall be delivered to the Secured Party, to be held by it as security for the Obligations.
Except to the limited extent provided in §6, all sums of money and property paid or distributed in respect of the Securities, whether
as a dividend or upon such a liquidation, dissolution, recapitalization or reclassification or otherwise, that are received by the Company
shall, until paid or delivered to the Secured Party, be held in trust for the Secured Party as security for the payment and performance
in full of all of the Obligations.

 

    	 

    	-4-

    

 

5. Warranty
of Title; Authority. The Company hereby represents and warrants that: (a) the Company has good and marketable title to, and
is the sole record and beneficial owner of, the Securities described in §1, subject to no pledges, liens, security interests,
charges, options, restrictions or other encumbrances except the pledge and security interest created by the Security Agreement and
this Agreement and Permitted Liens, (b) all of the Securities described in §1 is validly issued, fully paid and non-assessable,
(c) the Company has full power, authority and legal right to execute, deliver and perform its obligations under this Agreement and
to pledge and grant a security interest in all of the Securities Collateral pursuant to this Agreement, and the execution, delivery
and performance hereof and the pledge of and granting of a security interest in the Securities Collateral hereunder have been duly
authorized by all necessary corporate or other action and do not contravene any law, rule or regulation or any provision of the
Company’s or the Subsidiary’s charter documents or by-laws or of any judgment, decree or order of any tribunal or of any
agreement or instrument to which the Company or the Subsidiary is a party or by which it or any of its property is bound or affected
or constitute a default thereunder, and (d) the information set forth in Annex A hereto relating to the Securities is true,
correct and complete in all respects. The Company covenants that it will defend the rights of the Secured Party and security
interest of the Secured Party in such Securities against the claims and demands of all other Persons whomsoever. The Company further
covenants that it will have the like title to and right to pledge and grant a security interest in the Securities Collateral
hereafter pledged or in which a security interest is granted to the Secured Party hereunder and will likewise defend the rights,
pledge and security interest thereof and therein of the Secured Party.

 

6.
Dividends, Voting, etc., Prior to Maturity. So long as no Event of Default shall have occurred and be continuing, the
Company shall be entitled to receive and retain all cash dividends paid in respect of the Securities, to vote the Securities and to give
consents, waivers and ratifications in respect of the Securities; provided, however, that no vote shall be cast or consent,
waiver or ratification given by the Company if the effect thereof would in the judgment of the Secured Party impair any of the Securities
Collateral or be inconsistent with or result in any violation of any of the provisions of the SPA, the Note, the Security Agreement or
the other Transaction Documents. All such rights of the Company to receive cash dividends shall cease in case an Event of Default shall
have occurred and be continuing. All such rights of the Company to vote and give consents, waivers and ratifications with respect to
the Securities shall, at the Secured Party’s option, as evidenced by the Secured Party’s notifying the Company of such election,
cease in case an Event of Default shall have occurred and be continuing.

 

    	 

    	-5-

    

 

7.
Remedies.

 

7.1. In
General. If an Event of Default shall have occurred and be continuing, the Secured Party shall thereafter have the following
rights and remedies (to the extent permitted by applicable law) in addition to the rights and remedies of a secured party under the
NY UCC, all such rights and remedies being cumulative, not exclusive, and enforceable alternatively, successively or concurrently,
at such time or times as the Secured Party deems expedient:

 

(a)
if the Secured Party so elects and gives written notice of such election to the Company, the Secured Party may vote any or all shares
of the Securities (whether or not the same shall have been transferred into its name or the name of its nominee or nominees) for any
lawful purpose, including, without limitation, if the Secured Party so elects, for the liquidation of the assets of the issuer thereof,
and give all consents, waivers and ratifications in respect of the Securities and otherwise act with respect thereto as though it were
the outright owner thereof (the Company hereby irrevocably constituting and appointing the Secured Party the proxy and attorney-in-fact
of the Company, with full power of substitution, to do so);

 

(b)
the Secured Party may demand, sue for, collect or make any compromise or settlement the Secured Party deems suitable in respect of any
Securities Collateral;

 

(c)
the Secured Party may sell, resell, assign and deliver, or otherwise dispose of any or all of the Securities Collateral, for cash or
credit or both and upon such terms at such place or places, at such time or times and to such Persons as the Secured Party thinks expedient,
all without demand for performance by the Company or any notice or advertisement whatsoever except as expressly provided herein or as
may otherwise be required by law;

 

(d)
the Secured Party may cause all or any part of the Securities held by it to be transferred into its name or the name of its nominee or
nominees; and

 

(e)
the Secured Party may set off or otherwise apply or credit against the Obligations any and all sums deposited with it or held by it.

 

    	 

    	-6-

    

 

7.2. Sale
of Securities Collateral. In the event of any sale or other disposition of the Securities Collateral as provided in clause
(c) of §7.1 and to the extent that any notice thereof is required to be given by law, the Secured Party shall give to the
Company at least ten (10) Business Days’ prior notice of the time and place of any public sale or other disposition of the
Securities Collateral or of the time after which any private sale or any other intended disposition is to be made. The Company
hereby acknowledges that ten (10) Business Days’ prior notice of such sale or other disposition or sales or other dispositions
shall be reasonable notice. The Secured Party may enforce its rights hereunder without any other notice and without compliance with
any other condition precedent now or hereunder imposed by statute, rule of law or otherwise (all of which are hereby expressly
waived by the Company, to the fullest extent permitted by law). The Secured Party may buy or otherwise acquire any part or all of
the Securities Collateral at any public sale or other disposition and if any part or all of the Securities Collateral is of a type
customarily sold or otherwise disposed of in a recognized market or is of the type which is the subject of widely-distributed
standard price quotations, the Secured Party may buy or otherwise acquire at private sale or other disposition and may make payments
thereof by any means. The Secured Party may apply the cash proceeds actually received from any sale or other disposition to the
reasonable expenses of retaking, holding, preparing for sale, selling and the like, to reasonable attorneys’ fees, travel and
all other expenses which may be incurred by the Secured Party in attempting to collect the Obligations or to enforce this Agreement
or in the prosecution or defense of any action or proceeding related to the subject matter of this Agreement, and then to the
Obligations pursuant to the terms of the Transaction Documents. Only after such applications, and after payment by the Secured Party
of any amount required by §9-608(a)(1)(C) or §9-615(a)(3) of the NY UCC, need the Secured Party account to the Company for
any surplus.

 

7.3.
Private Sales. The Company recognizes that the Secured Party may be unable to effect a public sale or other disposition of
the Securities by reason of certain prohibitions contained in the Securities Act of 1933, as amended (the “Securities Act”),
federal banking laws, and other applicable laws, but may be compelled to resort to one or more private sales thereof to a restricted
group of purchasers. The Company agrees that any such private sales may be at prices and other terms less favorable to the seller than
if sold at public sales and that such private sales shall not by reason thereof be deemed not to have been made in a commercially reasonable
manner. The Secured Party shall be under no obligation to delay a sale of any of the Securities for the period of time necessary to permit
the issuer of such securities to register such securities for public sale under the Securities Act, or such other federal banking or
other applicable laws, even if the issuer would agree to do so. Subject to the foregoing, the Secured Party agrees that any sale of the
Securities shall be made in a commercially reasonable manner, and the Company agrees to use its best efforts to cause the issuer or issuers
of the Securities contemplated to be sold, to execute and deliver, and cause the directors and officers of such issuer to execute and
deliver, all at the Company’s expense, all such instruments and documents, and to do or cause to be done all such other acts and
things as may be necessary or, in the reasonable opinion of the Secured Party, advisable to exempt such Securities from registration
under the provisions of the Securities Act, and to make all amendments to such instruments and documents which, in the opinion of the
Secured Party, are necessary or advisable, all in conformity with the requirements of the Securities Act and the rules and regulations
of the Securities and Exchange Commission applicable thereto. The Company further agrees to use its best efforts to cause such issuer
or issuers to comply with the provisions of the securities or “Blue Sky” laws of any jurisdiction which the Secured Party
shall designate and, if required, to cause such issuer or issuers to make available to its security holders, as soon as practicable,
an earnings statement (which need not be audited) which will satisfy the provisions of Section 11(a) of the Securities Act.

 

    	 

    	-7-

    

 

7.4. Company’s
Agreements, etc. The Company further agrees to do or cause to be done all such other acts and things as may be reasonably
necessary to make any sales of any portion or all of the Securities pursuant to this §7 valid and binding and in compliance
with any and all applicable laws (including, without limitation, the Securities Act, the Securities Exchange Act of 1934, as
amended, the rules and regulations of the Securities and Exchange Commission applicable thereto and all applicable state securities
or “Blue Sky” laws), regulations, orders, writs, injunctions, decrees or awards of any and all courts, arbitrators or
governmental instrumentalities, domestic or foreign, having jurisdiction over any such sale or sales, all at the Company’s
expense. The Company further agrees that a breach of any of the covenants contained in this §7 will cause irreparable injury to
the Secured Party, that the Secured Party has no adequate remedy at law in respect of such breach and, as a consequence, agrees that
each and every covenant contained in this §7 shall be specifically enforceable against the Company by the Secured Party and the
Company hereby waives and agrees not to assert any defenses against an action for specific performance of such covenants.

 

8. Marshalling. The
Secured Party shall not be required to marshal any present or future collateral security for (including but not limited to this
Agreement and the Securities Collateral), or other assurances of payment of, the Obligations or any of them, or to resort to such
collateral security or other assurances of payment in any particular order. All of the Secured Party’s rights hereunder and in
respect of such collateral security and other assurances of payment shall be cumulative and in addition to all other rights, however
existing or arising. To the extent that it lawfully may, the Company hereby agrees that it will not invoke any law relating to the
marshalling of collateral that might cause delay in or impede the enforcement of the Secured Party’s rights under this
Agreement or under any other instrument evidencing any of the Obligations or under which any of the Obligations is outstanding or by
which any of the Obligations is secured or payment thereof is otherwise assured, and to the extent that it lawfully may the Company
hereby irrevocably waives the benefits of all such laws.

 

9. Company’s
Obligations Not Affected. The obligations of the Company hereunder shall remain in full force and effect without regard to,
and shall not be impaired by (a) any exercise or nonexercise, or any waiver, by the Secured Party of any right, remedy, power or
privilege under or in respect of any of the Obligations or any security thereof (including this Agreement); (b) any amendment to or
modification of the Transactions Documents or any of the Obligations; (c) any amendment to or modification of any instrument (other
than this Agreement) securing any of the Obligations, including, without limitation, the Security Agreement and the other
Transaction Documents; or (d) the taking of additional security for, or any other assurances of payment of, any of the Obligations
or the release or discharge or termination of any security or other assurances of payment or performance for any of the Obligations;
whether or not the Company shall have notice or knowledge of any of the foregoing, the Company hereby generally waiving all
suretyship defenses to the extent applicable.

 

    	 

    	-8-

    

 

10. Transfer,
etc., by Company. Without the prior written consent of the Secured Party, the Company will not sell, assign, transfer or
otherwise dispose of, grant any option with respect to, or pledge or grant any security interest in or otherwise encumber or
restrict any of the Securities Collateral or any interest therein, except for the pledge thereof and security interest therein
provided for in this Agreement and any Permitted Liens so long as the holder of such lien has not taken any action to foreclose or
otherwise realize on the Securities Collateral.

 

11. Further
Assurances.  The Company will do all such acts, and will furnish to the Secured Party all such financing statements,
certificates and other documents and will obtain all such governmental consents and corporate approvals and will do or cause to be
done all such other things as the Secured Party may reasonably request from time to time in order to give full effect to this
Agreement and to secure the rights of the Secured Party hereunder, all without any cost or expense to the Secured Party. The Company
hereby irrevocably authorizes the Secured Party at any time and from time to time to file in any filing office which the Secured
Party deems necessary in any Uniform Commercial Code jurisdiction any initial financing statements and amendments thereto that (a)
indicate the Collateral as the Securities Collateral or words of similar effect, or as being of equal or lesser scope or in greater
detail, and (b) contain any other information required by part 5 of Article 9 of the Uniform Commercial Code of the jurisdiction of
the filing office for the sufficiency or filing office acceptance of any financing statement or amendment, including whether the
Company is an organization, the type of organization and any organization identification number issued to the Company. The Company
agrees to furnish any such information to the Secured Party promptly upon request. The Company also ratifies its authorization for
the Secured Party to have filed in any Uniform Commercial Code jurisdiction any like initial financing statements or amendments
thereto if filed prior to the date hereof.

 

12.
Secured Party’s Exoneration. Under no circumstances shall the Secured Party be deemed to assume any responsibility
for or obligation or duty with respect to any part or all of the Securities Collateral of any nature or kind or any matter or proceedings
arising out of or relating thereto, other than (a) to exercise reasonable care in the physical custody of the Securities Collateral and
(b) after an Event of Default shall have occurred and be continuing to act in a commercially reasonable manner. The Secured Party shall
not be required to take any action of any kind to collect, preserve or protect its or the Company’s rights in the Securities Collateral
or against other parties thereto. The Secured Party’s prior recourse to any part or all of the Securities Collateral shall not
constitute a condition of any demand, suit or proceeding for payment or collection of any of the Obligations.

 

    	 

    	-9-

    

 

13.
No Waiver, etc. Neither this Agreement nor any term hereof may be changed, waived, discharged or terminated except by a written
instrument expressly referring to this Agreement and to the provisions so modified or limited, and executed by the Secured Party and
the Company. No act, failure or delay by the Secured Party shall constitute a waiver of its rights and remedies hereunder or otherwise.
No single or partial waiver by the Secured Party of any default or right or remedy that it may have shall operate as a waiver of any
other default, right or remedy or of the same default, right or remedy on a future occasion. The Company hereby waives presentment, notice
of dishonor and protest of all instruments, included in or evidencing any of the Obligations or the Securities Collateral, and any and
all other notices and demands whatsoever (except as expressly provided herein or in the Transaction Documents).

 

14. Notice,
etc. All notices, requests and other communications hereunder shall be made in the manner set forth in the SPA.

 

15.
Overdue Amounts. Until paid, all amounts due and payable by the Company hereunder shall be a debt secured by the Securities
Collateral and shall bear, whether before or after judgment, interest at the rate of interest for overdue principal set forth in the
Note.

 

16.
Governing Law; Consent to Jurisdiction. THIS AGREEMENT
IS A CONTRACT UNDER THE LAWS OF THE STATE OF NEW YORK AND SHALL FOR ALL PURPOSES BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE
LAWS OF SAID STATE OF NEW YORK. THE COMPANY AND THE SECURED PARTY EACH AGREE THAT ANY SUIT FOR THE ENFORCEMENT OF THIS AGREEMENT OR ANY
OTHER ACTION BROUGHT BY SUCH PERSON ARISING HEREUNDER OR IN ANY WAY RELATED TO THIS AGREEMENT SHALL BE
BROUGHT IN THE COURTS OF THE STATE OF NEW YORK IN THE BOROUGH OF MANHATTAN OR ANY FEDERAL COURT SITTING THEREIN AND CONSENTS TO THE NONEXCLUSIVE
JURISDICTION OF SUCH COURT AND SERVICE OF PROCESS IN ANY SUCH SUIT BEING MADE UPON SUCH PERSON BY MAIL AT THE ADDRESS SPECIFIED ON THE
SIGNATURE PAGE OF EACH PARTY HERETO. the Company and the secured party each hereby waives any
objection that it may now or hereafter have to the venue of any suit BROUGHT IN the state of new york or any court SITTING THEREIN or
that A suit BROUGHT THEREIN is brought in an inconvenient court

 

17. Waiver
of Jury Trial. THE COMPANY AND THE SECURED PARTY WAIVES ITS RIGHT TO A JURY TRIAL WITH RESPECT TO ANY ACTION OR CLAIM ARISING
OUT OF ANY DISPUTE IN CONNECTION WITH THIS AGREEMENT, ANY RIGHTS OR OBLIGATIONS HEREUNDER OR THE PERFORMANCE OR ENFORCEMENT OF ANY
SUCH RIGHTS OR OBLIGATIONS. Except as prohibited by law, the Company waives any right which it may have to claim or recover in
any litigation referred to in the preceding sentence any special, exemplary, punitive or consequential damages or any damages other
than, or in addition to, actual damages. The Company (a) certifies that neither the Secured Party nor any representative, agent or
attorney of the Secured Party has represented, expressly or otherwise, that the Secured Party would not, in the event of litigation,
seek to enforce the foregoing waivers or other waivers contained in this Agreement and (b) acknowledges that, in entering into this
Agreement and any other Transaction Document to which the Secured Party is a party, the Secured Party is relying upon, among other
things, the waivers and certifications contained in this §17.

 

    	 

    	-10-

    

 

18. Satisfaction
of Obligations. At such time as all of the Obligations have been finally paid and satisfied in full, this Agreement shall
terminate and the Secured Party shall, upon the written request and at the expense of the Company, execute and deliver to the
Company all documents or agreements necessary to evidence the release by the Secured Party of the security interest granted
hereunder and shall return to the Company all original stock certificates of the Subsidiary (if any) previously delivered by the
Company to the Secured Party pursuant to the terms hereof and in the possession of the Secured Party, subject to any disposition of
all or any part thereof that may have been made by the Secured Party pursuant hereto or the Security Agreement. In the absence of
final payment and satisfaction in full of all of the Obligations, the Company shall remain liable for any deficiency.

 

19. Miscellaneous. The
headings of each section of this Agreement are for convenience only and shall not define or limit the provisions thereof. This
Agreement and all rights and obligations hereunder shall be binding upon the Company and its respective successors and assigns, and
shall inure to the benefit of the Secured Party and its respective successors and assigns. If any term of this Agreement shall be
held to be invalid, illegal or unenforceable, the validity of all other terms hereof shall be in no way affected thereby, and this
Agreement shall be construed and be enforceable as if such invalid, illegal or unenforceable term had not been included herein. The
Company acknowledges receipt of a copy of this Agreement.

 

    	 

    	-11-

    

 

IN
WITNESS WHEREOF, intending to be legally bound, the Company and the Secured Party have caused this Agreement to be executed as of
the date first above written.

 

	 	BLUE
    STAR FOODS CORP.
	 	 	 
	 	By:	/s/
    John Keeler
	 	Name: 	John
    Keeler
	 	Title:
    	CEO
	 	 	
	 	LIND
    GLOBAL FUND II LP
	 	 
	 	By:
    Lind Global Partners II LLC, its general partner
	 	 	                                                    
	 	By:	/s/
    Jeff Easton
	 	Title:	Jeff
    Easton, Managing Member

 

The
undersigned Subsidiary hereby joins in the above Agreement for the sole purpose of consenting to and being bound by the provisions of
§§1.2, 4.1, 6 and 7 thereof, the undersigned hereby agreeing to cooperate fully and in good faith with the Secured Party and
the Company in carrying out such provisions.

 

	 	JOHN
    KEELER & CO. INC.
	 	 	                            
	 	By:	/s/
    John Keeler
	 	Name: 	John
    Keeler
	 	Title:	CEO

 

    	 

     

    

 

ANNEX
A TO PLEDGE AGREEMENT

 

None
of the issuers has any authorized, issued or outstanding shares of its equity interests of any class or any commitments to issue any
shares of its equity interests of any class or any securities convertible into or exchangeable for any shares of its equity interests
of any class except as otherwise stated in this Annex A.

 

	Issuer	 	Record
Owner	 	Class
    of Shares	 	Percentage
    Ownership	 
	John
    Keeler & Co. Inc.	 	Blue
    Star Foods Corp.	 	Common	 	 	100	%Exhibit
4.1

 

SPECIMEN
UNIT CERTIFICATE

[__________]
UNITS

U-[●]

 

SEE
REVERSE FOR CERTAIN DEFINITIONS

 

	 	CUSIP
    [_________]

 

GENESIS
UNICORN CAPITAL CORP.

 

UNITS
CONSISTING OF ONE SHARE OF CLASS A COMMON STOCK AND ONE REDEEMABLE

WARRANT
TO PURCHASE ONE SHARE OF CLASS A COMMON STOCK

 

THIS
CERTIFIES THAT ______________ is the owner of _______________ Units of Genesis Unicorn Capital Corp., a Delaware corporation (the “Corporation”).

 

Each
Unit (“Unit”) consists of one (1) share of Class A common stock, $0.0001 par value per share (the “Common
Stock”), of the Corporation, and one redeemable warrant (each whole warrant exercisable for one share of common stock)
(the “Warrant’). Each whole Warrant entitles the holder to purchase one (1) share of Class A Common Stock (subject
to adjustment) for $11.50 per share (subject to adjustment). Only whole Warrants are exercisable. Each Warrant will become exercisable
on the later of (i) thirty (30) days after the Company’s completion of an initial merger, capital stock exchange, asset acquisition,
stock purchase, reorganization or other similar business combination involving the Corporation and one or more businesses (each a “Business
Combination”), and (ii) twelve (12) months from the completion of the Corporation’s initial public offering (excluding
any overallotment exercise) (the “IPO”), and will expire unless exercised before 5:00 p.m., New York City Time, on
the date that is five (5) years after the date on which the Company completes its initial Business Combination, or earlier upon redemption
or liquidation of the Corporation (the “Expiration Date”).

 

The
shares of Class A Common Stock and Warrants comprising the Units represented by this certificate are not separable prior to the 30th
day following the date of the final prospectus relating to the IPO unless E.F. Hutton, a division of Benchmark Investments, LLC,
acting as representative of the underwriters, elects to allow separate trading earlier, subject to the Company’s filing of a Current
Report on Form 8-K with the Securities and Exchange Commission containing an audited balance sheet reflecting the Corporation’s
receipt of the gross proceeds of the IPO and issuing a press release announcing when separate trading will begin. The terms of the Warrants
are governed by a Warrant Agreement, dated as of [ ______ , 2022], between the Company and Continental Stock Transfer & Trust Company,
as Warrant Agent, and are subject to the terms and provisions contained therein, all of which terms and provisions the holder of this
certificate consents to by acceptance hereof. Copies of the Warrant Agreement are on file at the office of the Warrant Agent at One State
Street, 30th Floor, New York, New York 10004, and are available to any Warrant holder on written request and without cost.

 

This
certificate is not valid unless countersigned by the Transfer Agent and Registrar of the Corporation.

 

Witness
the facsimile signature of its duly authorized officers.

 

	 	 	 
	Chief
    Executive Officer or President	 	Secretary

 

Transfer
Agent:

 

	 	 	 
	Name:	 

    
	
	Title:	 	 

 

    	 

     

    

 

GENESIS
UNICORN CAPITAL CORP.

 

The
Corporation will furnish without charge to each stockholder who so requests, a statement of the powers, designations, preferences and
relative, participating, optional or other special rights of each class of shares or series thereof of the Corporation and the qualifications,
limitations, or restrictions of such preferences and/or rights. This certificate and the Units represented hereby are issued and shall
be held subject to the terms and conditions applicable to the securities underlying and comprising the Units, including, as applicable,
the Certificate of Incorporation and all amendments thereto, the Warrant Agreement and the resolutions of the Board of Directors providing
for the issue of securities (copies of which may be obtained from the secretary of the Corporation), to all of which the holder(s) of
this certificate by acceptance hereof assent(s).

 

The
following abbreviations, when used in the inscription on the face of this certificate, shall be construed as though they were written
out in full according to applicable laws or regulations:

 

	TEN
    COM	—	as
    tenants in common	 	UNIF
    GIFT MIN ACT —	 	 	 	Custodian	 	 
	TEN
    ENT	—	as
    tenants by the entireties	 	 	 	(Cust)	 	 	 	(Minor)
	 	 	 	 	 	 	 	 	 	 	 
	JT
    TEN	—	as
    joint tenants with right of survivorship and not as tenants in common	 	 	Under
                                            Uniform

    Gifts
    to Minors

 

	 	Act
    	 	 
	 	 	 	(State)

 

Additional
abbreviations may also be used though not in the above list.

 

For
value received, ________________ hereby sells, assigns and transfers unto

 

	 
	(PLEASE
    INSERT SOCIAL SECURITY OR OTHER IDENTIFYING NUMBER(S) OF ASSIGNEE(S))

 

	 
	(PLEASE
    PRINT OR TYPEWRITE NAME(S) AND ADDRESS(ES), INCLUDING ZIP CODE, OF ASSIGNEE(S))
	 
	 
	 
	 
	 

 

    	 

     

    

 

_________________
Units represented by the within Certificate, and do(es) hereby irrevocably constitute(s) and appoint(s) _______________________________
attorney to transfer the said Units on the books of the within named Corporation with full power of substitution in the premises.

 

Dated
:

	 	 	 	 
	 	Notice:
    	 	The
    signature(s) to this assignment must correspond with the name(s) as written upon the face of the certificate in every particular,
    without alteration or enlargement or any change whatever.

 

	Signature(s)
    Guaranteed:	 	 
	 	 	 
	 	 	 
	THE
    SIGNATURE(S) MUST BE GUARANTEED BY AN ELIGIBLE GUARANTOR INSTITUTION (BANKS, STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT
    UNIONS WITH MEMBERSHIP IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM, PURSUANT TO S.E.C. RULE 17Ad-15).	 	 

 

Legend:
As more fully described in the Corporation’s final prospectus relating to the IPO dated January [  ], 2022 the holder(s) of this
certificate shall be entitled to receive a pro-rata portion of funds from the trust account referred to therein solely with respect to
the Class A Common Stock underlying this certificate only in the event that (a) the Corporation redeems the shares of Class A Common
Stock sold in its initial public offering (the “IPO”) because it does not consummate a Business Combination within 12 months
from the date of the completion of the Corporation’s IPO or the Corporation is unable to complete a Business Combination which
is the subject of an executed definitive agreement within 15 months from the closing of the Corporation’s IPO (which may be extended
to 21 months from the closing of the IPO if the sponsor deposits additional funds ($0.10 per public share) into the trust account for
each three month period as described in the final prospectus, or (b) if the holder(s) seek(s) to redeem for cash his, her or its respective
shares of Class A Common Stock sold in the Corporation’s IPO (“Public Shares”) in connection with (i)
a tender offer (or proxy, solely in the event the Corporation is required to seek stockholder approval of the proposed Business Combination)
setting forth the details of a proposed Business Combination or (ii) the Corporation seeking stockholder approval of an amendment to
its Certificate of Incorporation to modify the timing or substance of its obligation to repurchase 100% of Public Shares if the Corporation
does not complete an initial Business Combination within 15 months (which may be extended to 21 months as described in the final prospectus)
timeframe. In no other circumstances shall the holder(s) have any right or interest of any kind in or to the funds from the trust account.

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