{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-015118","form_type":"8-K","ticker":"BSFC","cik":"0001730773","company_name":"Blue Star Foods Corp.","filed_at":"2024-04-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.785289+00:00","generated_at":"2026-06-03T19:08:52.800154+00:00","sec_items":["2.03","1.01","3.02","8.01","9.01"],"event_type":"debt","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Blue Star Foods raises $438K via promissory notes; NASDAQ listing conditional","bullets":["Issued $300K note to Hart Associates plus 500K restricted shares; due May 15, 2024 with $50K one-time interest.","Issued $138K convertible note to 1800 Diagonal Lending ($23K OID); due Jan 15, 2025; default conversion at 61% of market price.","Proceeds to support increased demand under Master Service Agreement and soft shell crab operations; CEO cites 2,776 retail outlets and 4 new club-store products.","NASDAQ continued listing conditioned on filing Q1 10-Q by May 15, 2024 and closing bid price >$1 for 10 days by May 30, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-015118","json":"https://secwatch.observer/filing/0001493152-24-015118.json","markdown":"https://secwatch.observer/filing/0001493152-24-015118.md","text":"https://secwatch.observer/filing/0001493152-24-015118.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1730773/000149315224015118/0001493152-24-015118-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1730773/000149315224015118/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T19:08:52.800154+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"49e4fbef86bb5405a73ae967f44d1090f224ba8f","claim":"Blue Star Foods Corp. incurred loan of $300,000 with Hart Associates, LLC at one-time interest payment of $50,000 maturing May 15, 2024.","evidence_excerpt":"On April 16, 2024 Blue Star Foods Corp. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with Hart Associates, LLC, a Delaware limited liability company (the “Hart”), pursuant to which the Company issued to Hart a promissory note in the principal amount of $300,000 (the “Hart Note”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1730773/000149315224015118/0001493152-24-015118-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"$300,000"},{"label":"Counterparty","value":"Hart Associates, LLC"},{"label":"Rate","value":"one-time interest payment of $50,000"},{"label":"Maturity","value":"May 15, 2024"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"4cb387db085518f8143b8f59f3469da762c887c2","claim":"Blue Star Foods Corp. incurred convertible notes of $138,000 with 1800 Diagonal Lending LLC at one-time interest payment of $26,220 maturing January 15, 2025.","evidence_excerpt":"On April 16, 2024 the Company issued to 1800 Diagonal Lending LLC, a Virginia limited liability company, a convertible promissory note in the principal amount of $138,000 which had an original issue discount of $23,000 (the “Diagonal Note”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1730773/000149315224015118/0001493152-24-015118-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"convertible notes"},{"label":"Principal","value":"$138,000"},{"label":"Counterparty","value":"1800 Diagonal Lending LLC"},{"label":"Rate","value":"one-time interest payment of $26,220"},{"label":"Maturity","value":"January 15, 2025"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}