---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-005204"
form_type: "8-K"
ticker: "BSFC"
cik: "0001730773"
company_name: "Blue Star Foods Corp."
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T11:44:27.508301+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Blue Star Foods raises $1.8M in underwritten public offering of common stock and pre-funded warrants

## Summary
- Offering of 9M shares/pre-funded warrants priced at $0.20 per equivalent; Aegis Capital sole underwriter.
- Gross proceeds of ~$1.8M before expenses; over-allotment option could increase to ~$2.0M.
- Proceeds for general corporate purposes, working capital, operating expenses, and potential acquisitions.
- Offering closed February 14, 2023; uses effective shelf registration statement on Form S-3.

## SEC filing metadata
- accession: 0001493152-23-005204
- form_type: 8-K
- ticker: BSFC
- cik: 0001730773
- company_name: Blue Star Foods Corp.
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1730773/000149315223005204/0001493152-23-005204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1730773/000149315223005204/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-005204
- JSON: https://secwatch.observer/filing/0001493152-23-005204.json
- Plain text: https://secwatch.observer/filing/0001493152-23-005204.txt

## Key facts
- Material Agreements
  Blue Star Foods Corp. entered into Warrant Agent Agreement with Vstock Transfer, LLC valued at Pre-funded warrants issued in registered form (effective 2023-02-10).
  - Action: entry
  - Counterparty: Vstock Transfer, LLC
  - Value: Pre-funded warrants issued in registered form
  - Effective: 2023-02-10
  source text: The Pre-funded Warrants were issued in registered form under a warrant agent agreement (the “ Warrant Agent Agreement ”) between the Company and Vstock Transfer, LLC as the warrant agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1730773/000149315223005204/0001493152-23-005204-index.htm
- Material Agreements
  Blue Star Foods Corp. entered into Underwriting Agreement with Aegis Capital Corp. valued at 8,200,000 shares common stock plus 800,000 pre-funded warrants, gross proceeds approx. $1.8 million (effective 2023-02-10).
  - Action: entry
  - Agreement: underwriting
  - Counterparty: Aegis Capital Corp.
  - Value: 8,200,000 shares common stock plus 800,000 pre-funded warrants, gross proceeds approx. $1.8 million
  - Effective: 2023-02-10
  source text: On February 10, 2023, Blue Star Foods Corp., a Delaware corporation (the “ Company ”), entered into an underwriting agreement (the “ Underwriting Agreement ”) with Aegis Capital Corp. (the “ Underwriter ”), pursuant to which the Company agreed to sell to the Underwriter, in a firm commitment public offering (the “ Offering ”), (i) 8,200,000 shares of the Company’s common stock, par value $0.0001 per share (the “ Firm Shares ”), for a public offering price of $0.20 per share and (ii) pre-funded warrants (the “ Pre-funded Warrants ”) to purchase 800,000 shares of the Company’s common stock (the “ Warrant Shares ”), for a public offering price of $0.199 per Pre-funded Warrant to those purchasers whose purchase of common stock in this offering would otherwise result in the purchaser, together with its affiliates and certain related parties, beneficially owning more than 4.99% (or, at the election of the holder, 9.99%) of the Company’s outstanding common stock immediately following the cons
  evidence_url: https://www.sec.gov/Archives/edgar/data/1730773/000149315223005204/0001493152-23-005204-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.