NaturalShrimp, Inc Announces Filing of Shelf Registration Statement
for the Sale of Up to $100 Million of its Securities
Dallas, Texas, March 8, 2021 NaturalShrimp, Inc., (OTCQB:SHMP), an
aquaculture company which has developed and patented the first
commercially operational Recirculating Aquaculture System (RAS) for
shrimp, announced today that it has filed a
primary shelf registration statement on Form S-3 to sell up to $100
million of its securities. Any potential offerings are subject to
the Form S-3 being declared effective by the Securities and
Exchange Commission (the “SEC”), market and other
conditions, and there can be no assurance as to whether or when any
offerings may be completed, or as to the actual size or terms of
the offerings. If one or more offerings are completed, all of the
securities in the offerings will be sold by NaturalShrimp,
Inc.
If
the SEC declares the Form S-3 effective then securities may be
offered only by means of a written prospectus, including a
prospectus supplement, forming a part of the effective registration
statement. An electronic prospectus supplement and the accompanying
prospectus relating to any offerings will be filed with the SEC and
will be available on the SEC’s website at
www.sec.gov.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy, nor there any sales of these
securities in any jurisdiction in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under
the securities laws of such jurisdiction.
Forward Looking Statements
This press release contains "forward-looking statements." The
statements contained in this press release that are not purely
historical are forward-looking statements. Forward-looking
statements give the Company's current expectations or forecasts of
future events. Such statements are subject to risks and
uncertainties that are often difficult to predict and beyond the
Company's control, and could cause the Company's results to differ
materially from those described. In some cases forward-looking
statements can be identified by terminology such as "may,"
"should," "potential," "continue," "expects," "anticipates,"
"intends," "plans," "believes," "estimates," and similar
expressions. These statements include statements regarding moving
forward with executing the Company's global growth strategy. The
statements are based upon current beliefs, expectations and
assumptions and are subject to a number of risks and uncertainties,
many of which are difficult to predict. The Company is providing
this information as of the date of this press release and does not
undertake any obligation to update any forward looking statements
contained in this press release as a result of new information,
future events or otherwise, except as required by law. We have
based these forward-looking statements largely on our current
expectations and projections about future events and financial
trends affecting the financial condition of our business.
Forward-looking statements should not be read as a guarantee of
future performance or results, and will not necessarily be accurate
indications of the times at, or by, which such performance or
results will be achieved. Important factors that could cause such
differences include, but are not limited to the Risk Factors and
other information set forth in the Company's Annual Report on Form
10-K filed on June 26, 2020, and in our other filings with the U.S.
Securities and Exchange Commission.
Contact:
Richard Brown
(775) 443-4740
SOURCE: Natural Shrimp