other material
confidence high
sentiment positive
materiality 0.60
Blue Star Foods prices $4M public offering, begins trading on Nasdaq under BSFC
Blue Star Foods Corp.
- Offering of 800,000 shares at $5.00 per share; gross proceeds $4.0M, net ~$3.545M.
- Underwriters granted 45-day option for up to 120,000 additional shares at $5.00.
- Net proceeds to be used for working capital, operating expenses, and capital expenditures.
- Underwriter warrant issued to Newbridge for 56,000 shares at $5.00, exercisable after 180 days.