Blue Star Foods Announces Pricing of $5 Million Public Offering
Miami, FL, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), today announced the pricing of its public offering of an aggregate of 10,741,139 shares of its common stock (or common stock equivalents), together with accompanying common stock warrants, at a public offering price of $0.4655 per share (or common stock equivalent) and accompanying warrants.
- Miami, FL, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC), today announced the pricing of its public offering of an aggregate of 10,741,139 shares of its common stock (or common stock equivalents), together with accompanying common stock warrants, at a public offering price of $0.4655 per share (or common stock equivalent) and accompanying warrants.
- Total gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, are expected to be approximately $5 million.
- The Company intends to use the net proceeds from this offering for general corporate purposes and repayment of certain outstanding debt.
- The offering is being made only by means of a prospectus forming part of the effective registration statement relating to the offering.