Blue star foods corp. announces closing of $4m public offering

Miami, fl, nov. 05, 2021 (globe newswire) -- blue star foods corp. (nasdaq:bsfc) (“blue star” or the “company”), an integrated environmental, social, and governance (esg) seafood company, today announced the closing of its previously announced underwritten public offering of 800,000 shares of common stock at a public offering price of $5.00 per share, for total gross proceeds of $4.0 million usd, before deducting underwriting discounts, commissions and other related expenses. in addition, blue star has granted the underwriters a 45-day option to purchase up to an additional 120,000 ordinary shares at the public offering price, less underwriting discount and commissions. the shares began trading on the nasdaq capital market under the ticker symbol “bsfc” on wednesday, november 3rd, 2021.
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