Blue Star Foods enters $10M ELOC with ClearThink; issues 1.25M commitment shares

Blue Star Foods Corp.

ClearThink agrees to buy up to $10M of Blue Star common stock at 80% of two lowest VWAPs over 6-day valuation period.
Each draw minimum $25K, maximum lesser of $1M or 300% of 10-day avg daily trading value.
Blue Star issues 1.25M restricted shares as commitment fee; separate SPA for 1M shares at $200K total.
Draws prohibited until registration statement effective; beneficial ownership cap of 9.99%.
Share issuance capped at 19.99% of pre-deal outstanding unless shareholder approval obtained.

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