Blue Star Foods secures $5.75M convertible note and warrant with Lind Global Fund II

Blue Star Foods Corp.

$5.75M secured convertible note, interest-free, 2-year term; 18 monthly payments of $333,333 starting July 2022.
Conversion price $5.00/share; warrant for 1M shares at $4.50 with full ratchet anti-dilution.
First priority lien on all assets, including pledge of John Keeler & Co. shares; subsidiary guarantees with second priority.
Registration statement required within 180 days; default triggers include market cap below $10M for 10 days.
Proceeds used for general working capital.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.