Aegis Capital Corp. Acted as Sole Bookrunner on a $1.8 Million Underwritten Public Offering for Blue Star Foods Corp. (NASDAQ:BSFC)
Aegis Capital Corp. has successfully completed a $1.8 million underwritten public offering for Blue Star Foods Corp. (NASDAQ:BSFC). The offering positions the company to enhance its operations within the sustainable seafood sector, particularly through its focus on Recirculatory Aquaculture Systems (RAS). Blue Star Foods operates the oldest continuous RAS salmon farm in North America, emphasizing environmental sustainability and traceability. This financing may support growth and expand its product offerings in the growing sustainable seafood market.
- Successfully raised $1.8 million for business expansion.
- Focus on sustainable seafood positions the company favorably in the market.
- Potential shareholder dilution due to the public offering.
NEW YORK, NY / ACCESSWIRE / February 14, 2023 / Aegis Capital Corp. acted as Sole Bookrunner on a
About Blue Star Foods Corp.
Blue Star Foods Corp. is an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS) that processes, packages and sells high-value seafood products. The Company believes it utilizes best-in-class technology, in both resource sustainability management and traceability, and ecological packaging. The Company also owns and operates the oldest continuously operating Recirculating Aquaculture System (RAS) full grow-out salmon farm in North America.
For more information, please visit: https://bluestarfoods.com
About Aegis Capital Corporation
Aegis Capital Corporation ("Aegis") has been in the wealth management and investment banking business since 1984. Aegis is dedicated to providing corporate finance, strategic advisory and related services to public and private companies across multiple sectors and regions. Aegis also provides research and sales and trading services to institutional investors. Aegis offers its investment representatives a conflict free service platform and is able to provide a full-range of products and services including investment banking, wealth management, insurance, retirement planning, structured products, private equity, alternatives, equity research, fixed income and special purpose vehicles.
For more information about this offering or Investment Banking Services please email Banking@aegiscap.com or call (212) 813-1010.
Brokerage and investment advisory services are offered through Aegis Capital Corporation, a member of FINRA and SIPC. Investment and insurance products offered are not insured by the FDIC or any other federal government agency, are not deposits or other obligations of, or guaranteed by, a bank or any bank affiliate, and are subject to investment risks, including possible loss of the principal amount invested.
SOURCE: Aegis Capital Corp.
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FAQ
What is the significance of the $1.8 million offering for Blue Star Foods Corp. (NASDAQ:BSFC)?
How will the funds from the public offering affect Blue Star Foods Corp. (NASDAQ:BSFC)?
Is there a risk of dilution for shareholders after the offering by Blue Star Foods Corp. (NASDAQ:BSFC)?