NaturalShrimp Incorporated entered into a securities purchase agreement with returning investor GHS Investments, LLC for issuance of 110 series G convertible preferred shares at a price of $1,000 per share for gross proceeds of $110,000 on December 14, 2023. The investor also received 35 preferred shares as an additional equity incentive as part of the initial closing. Each preferred share shall be convertible, at any time and from time to time, at the option of the holder thereof, into that number of shares of common stock determined by dividing the stated value of such preferred share by the conversion price.