Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.9
Blue Star Foods Corp. incurred convertible notes of $1,200,000 with Lind Global Fund II LP at interest free maturing two-year.
- Instrument
- convertible notes
- Principal
- $1,200,000
- Counterparty
- Lind Global Fund II LP
- Rate
- interest free
- Maturity
- two-year
- Event
- incurrence
Exact text from the filing
On May 30, 2023, Blue Star Foods Corp., a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Lind Global Fund II LP, a Delaware limited partnership (the “Investor”), pursuant to which the Company issued to the Investor a secured, two-year, interest free convertible promissory note in the principal amount of $1,200,000 (the “Note”) and a common stock purchase warrant (the “Warrant”) to acquire 8,700,696 shares of common stock of the Company, for the aggregate funding amount of $1,000,000.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Blue Star Foods Corp. entered into Securities Purchase Agreement with Lind Global Fund II LP valued at Issued a $1,200,000 secured, two-year, interest free convertible promissory note and a warrant to ac (effective 2023-05-30).
- Action
- entry
- Agreement
- equity purchase
- Counterparty
- Lind Global Fund II LP
- Value
- Issued a $1,200,000 secured, two-year, interest free convertible promissory note and a warrant to ac
- Effective
- 2023-05-30
Exact text from the filing
On May 30, 2023, Blue Star Foods Corp., a Delaware corporation (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”) with Lind Global Fund II LP, a Delaware limited partnership (the “Investor”), pursuant to which the Company issued to the Investor a secured, two-year, interest free convertible promissory note in the principal amount of $1,200,000 (the “Note”) and a common stock purchase warrant (the “Warrant”) to acquire 8,700,696 shares of common stock of the Company, for the aggregate funding amount of $1,000,000.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
Blue Star Foods Corp. amended Amended and Restated Security Agreement with Lind Global Fund II LP valued at Amended the 2022 Security Agreement to include the Note under the Amended and Restated Security Agre (effective 2023-05-30).
- Action
- amendment
- Counterparty
- Lind Global Fund II LP
- Value
- Amended the 2022 Security Agreement to include the Note under the Amended and Restated Security Agre
- Effective
- 2023-05-30
Exact text from the filing
In connection with the issuance of the Note, the Company and the Investor amended the 2022 Security Agreement to include the Note, pursuant to the Amended and Restated Security Agreement dated as of May 30, 2023 by and between the Company and the Investor (the “Amended and Restated Security Agreement”).
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