Trans American Aquaculture Secures $10 Million Equity Financing Agreement

Trans American Aquaculture, Inc. has entered into an Equity Financing Agreement (EFA) with GHS Investments, LLC, a deal that will enable the company to raise up to $10 million in shares of its common stock over the next 36 months. The agreement, filed with the U.S. Securities and Exchange Commission on August 5, 2025, grants the company the right to direct GHS to purchase shares of its common stock on any business day, provided that at least ten trading days have passed since the closing of the most recent purchase.

The purchase price of the shares will be determined by the lowest traded price of the company's common stock during the ten consecutive trading days preceding the date of the purchase notice. In the event the company uplists to a national exchange, the purchase price will be 90% of the lowest volume-weighted average price over the pricing period, subject to a floor of $0.0001. The agreement also includes a number of restrictions on the company's ability to make purchases under the EFA, including a cap of $5,000 on individual purchases and a total cap of 4.99% of the company's outstanding shares.

The net proceeds of the agreement will depend on the frequency and prices at which the company sells shares of stock to GHS. The company has stated that it will use the proceeds from the EFA for general corporate and working capital purposes, as well as for acquisitions or asset purchases that the board of directors deems to be in the best interests of the company.

Key Takeaways:

  • Trans American Aquaculture, Inc. has entered into an Equity Financing Agreement (EFA) with GHS Investments, LLC, which will enable the company to raise up to $10 million in shares of its common stock over the next 36 months.
  • The purchase price of the shares will be determined by the lowest traded price of the company's common stock during the ten consecutive trading days preceding the date of the purchase notice.
  • The agreement includes a number of restrictions on the company's ability to make purchases under the EFA, including a cap of $5,000 on individual purchases and a total cap of 4.99% of the company's outstanding shares.
  • The net proceeds of the agreement will depend on the frequency and prices at which the company sells shares of stock to GHS.
  • The company will use the proceeds from the EFA for general corporate and working capital purposes, as well as for acquisitions or asset purchases that the board of directors deems to be in the best interests of the company.

Statistics:

  • The company will be able to raise up to $10 million in shares of its common stock over the next 36 months.
  • The purchase price of the shares will be determined by the lowest traded price of the company's common stock during the ten consecutive trading days preceding the date of the purchase notice.
  • The agreement includes a cap of $5,000 on individual purchases and a total cap of 4.99% of the company's outstanding shares.
  • The company will use the proceeds from the EFA for general corporate and working capital purposes, as well as for acquisitions or asset purchases that the board of directors deems to be in the best interests of the company.

Sources:

  • Form 8-K (Current Report) filed by Trans American Aquaculture, Inc. with the U.S. Securities and Exchange Commission on August 5, 2025.