Blue Star Foods Nets $5 Million Investment from The Lind Partners
Blue Star Foods announced on January 25 that it has entered into a purchase agreement with Lind Global Fund II LP, an investment entity managed by The Lind Partners where Blue Star will issue and sell a convertible note in the principal amount of $5,750,000, which includes a 15% original issue discount, and a five-year warrant to purchase an aggregate of 1,000,000 shares of common stock exercisable at $4.50.
"This additional working capital allows us to produce more product, aiming to fulfill our distributor partner...
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