# NaturalShrimp Inc — capital_return/recapitalization [announced]
Source: SEC API (secapi.ai) · situation sit_f4d5b6edcfaa07e4e718 · retrieved 2026-08-11T15:49:18.444Z

## Overview
NaturalShrimp Inc. (now BlueFuture Aquatics, Inc.) is an aquaculture company developing recirculating aquaculture systems and water treatment technology for controlled aquatic protein production, including shrimp and seafood farming.

On June 25, 2026, NaturalShrimp Inc. (now BlueFuture Aquatics, Inc.) amended its March 17, 2026 Intellectual Property Acquisition and Management Transition Agreement with Hydrenesis, Inc. and CEO David Antelo. Rather than transferring IP ownership as originally contemplated, Hydrenesis granted the Company a perpetual, worldwide, exclusive, and sublicensable license to use and commercialize licensed technology in aquaculture and related fields. The Company agreed to issue Series P Preferred Stock representing 10% economic ownership (fully diluted, as-converted basis) to Mr. Antelo and Series P-2 Preferred Stock representing 15% economic ownership to Hydrenesis. Additional milestone-based preferred shares may be earned, potentially bringing combined ownership to 65% if all milestones are achieved. The amendment preserves the governance transition that occurred on March 17, 2026, with Mr. Antelo remaining CEO and sole director.

## Terms
- Counterparty: Hydrenesis, Inc. · Consideration: stock · Stake: 25%

## Key dates
- Announced 2026-07-22

## Timeline
- 2026-07-22 · 8-K/A (0001493152-26-034166): 8-K/A - NaturalShrimp Inc — *NaturalShrimp Inc. (now BlueFuture Aquatics, Inc.) is an aquaculture company developing recirculating aquaculture systems and water treatment technology for controlled aquatic protein production, including shrimp and seafood farming.* On June 25, 2026, NaturalShrimp Inc. (now BlueFuture Aquatics, Inc.) amended its March 17, 2026 Intellectual Property Acquisition and Management Transition Agreement with Hydrenesis, Inc. and CEO David Antelo. Rather than transferring IP ownership as originally contemplated, Hydrenesis granted the Company a perpetual, worldwide, exclusive, and sublicensable license to use and commercialize licensed technology in aquaculture and related fields. The Company agreed to issue Series P Preferred Stock representing 10% economic ownership (fully diluted, as-converted basis) to Mr. Antelo and Series P-2 Preferred Stock representing 15% economic ownership to Hydrenesis. Additional milestone-based preferred shares may be earned, potentially bringing combined ownership to 65% if all milestones are achieved. The amendment preserves the governance transition that occurred on March 17, 2026, with Mr. Antelo remaining CEO and sole director.
  https://www.sec.gov/Archives/edgar/data/1465470/0001493152-26-034166.txt

## Citations
- 0001493152-26-034166 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000149315226034166