Clearthink Capital Partners Discloses 9.99% Stake in Blue Star Foods

TL;DR

**Clearthink Capital just bought 9.99% of Blue Star Foods, watch for potential stock movement.**

AI Summary

Clearthink Capital Partners, LLC, a Delaware-based entity, has reported a significant stake in Blue Star Foods Corp. (BSFC) as of January 5, 2024. This SC 13G filing indicates that Clearthink Capital Partners, LLC, along with Union Capital, LLC, now beneficially owns 9.99% of Blue Star Foods Corp.'s Common Stock. This matters to investors because a large institutional holding can signal confidence in the company's future, potentially influencing stock price and liquidity.

Why It Matters

This filing reveals a new significant institutional investor, Clearthink Capital Partners, LLC, holding nearly 10% of Blue Star Foods Corp., which could be seen as a vote of confidence and potentially attract more investor interest.

Risk Assessment

Risk Level: low — This filing indicates a new significant investor, which is generally a positive or neutral event for existing shareholders.

Analyst Insight

Investors considering Blue Star Foods Corp. should view this as a positive signal, indicating institutional interest, and may want to research Clearthink Capital Partners' investment history. Existing shareholders might see this as validation and a potential catalyst for future stock performance.

Key Numbers

• 9.99% — Percentage of Class Beneficially Owned (The total ownership stake of Clearthink Capital Partners, LLC and Union Capital, LLC in Blue Star Foods Corp.)
• January 5, 2024 — Date of Event (The date that triggered the requirement to file this Schedule 13G.)
• 09606H200 — CUSIP Number (Unique identification number for Blue Star Foods Corp.'s Common Stock.)

Key Players & Entities

• Blue Star Foods Corp. (company) — the subject company whose shares are being reported
• Clearthink Capital Partners, LLC (company) — the reporting person acquiring shares
• Union Capital, LLC (company) — a reporting person associated with Clearthink Capital Partners, LLC
• Delaware (company) — state of incorporation for Clearthink Capital Partners, LLC

Forward-Looking Statements

• Blue Star Foods Corp. stock may experience increased trading volume due to the disclosure of a new significant institutional investor. (Blue Star Foods Corp.) — medium confidence, target: Within 1-3 months
• Clearthink Capital Partners, LLC may seek to engage with Blue Star Foods Corp. management regarding strategic direction or operational improvements. (Clearthink Capital Partners, LLC) — low confidence, target: Within 6-12 months

FAQ

Filing Documents

• ea191682-13gclear_bluestar.htm (SC 13G) — 40KB
• 0001213900-24-004037.txt ( ) — 42KB

If this statement is filed pursuant to §§240.13d-1(b)

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a) Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G); (h) A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) Group, in accordance with §240.13d-1(b)(1)(ii)(J). 3 CUSIP No. 09606H200 13G

Ownership

Item 4. Ownership. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned 1,393,085* (b) Percent of class: 8.0% but can be required to purchase up to 9.99% (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote 1,393,085* (ii) Shared power to vote or to direct the vote (iii) Sole power to dispose or to direct the disposition of 1,393,085* (iv) Shared power to dispose or to direct the disposition of * Consists of Common Stock that the reporting person has the obligation to acquire pursuant to an equity line of credit with an aggregate purchase of up to 16,680,032 shares of Common Stock).

Ownership of Five Percent or Less of a Class

Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following .

Ownership of More than Five Percent on Behalf

Item 6. Ownership of More than Five Percent on Behalf of Another Person. N/A

Identification and Classification of the Subsidiary

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. N/A

Identification and Classification of Members

Item 8. Identification and Classification of Members of the Group. N/A

Notice of Dissolution of Group. N/A

Item 9. Notice of Dissolution of Group. N/A

Certification

Item 10. Certification. (a) The following certification shall be included if the statement is filed pursuant to §240.13d-1(b): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. (b) The following certification shall be included if the statement is filed pursuant to §240.13d-1(c): By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. 4 CUSIP No. 09606H200 13G After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. 1/17/2024 Date /s/ Stephen Hart Signature Manager Name/Title 5

View Full Filing

View this SC 13G filing on SEC EDGAR