UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities and Exchange Act of 1934

Date of Report (Date of earliest event reported): ~~February~~September 239, 2024

NATURALSHRIMP INCORPORATED

(Exact name of Registrant as specified in its charter)

Nevada

000-54030

74-3262176

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

13601 Preston Rd., Suite E1092

Dallas, Texas 75240

(Address of principal executive offices, including zip code)

(866) 351-5907

(Registrant’s telephone number, including area code)

Check the appropriate box below if the 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:

☐	Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
N/A		N/A		N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.0103. ~~Entry~~Bankruptcy ~~into~~or ~~a Material Consulting Agreement~~Receivership.

On ~~February~~September 234, ~~2022~~2024, ~~NaturalShrimp~~Streeterville ~~Incorporated (the “Company”) entered into a consulting agreement (the Consulting Agreement”) with Redhawk Investment Group~~Capital, LLC ~~(“Redhawk” or “Consultant”)~~, a ~~business~~Utah ~~consulting~~limited liability company ~~that~~and ~~provides~~Bucktown ~~business advice~~Capital, ~~including~~LLC, ~~advice on obtaining~~ a ~~listing~~Utah onlimited aliability ~~national exchange such as the New York Exchange, NASDAQ or the CBOE~~ company (~~each~~collectively, a “~~National Exchange~~Streeterville”). ~~The~~filed ~~Consulting Agreement contemplates~~ a ~~working~~Verified ~~relationship~~Emergency ~~with~~Motion ~~the~~for ~~Company~~Appointment toof Receiver (i)the ~~make introductions to relevant~~“Motion”) ~~service~~under ~~providers~~Civil toCase ~~facilitate~~No. ~~a listing on a National Exchange and (ii) work with the Company~~240907138, ~~generally, and make itself available~~ in ~~assisting~~ the ~~Company~~District inCourt ~~preparing~~of ~~reports,~~Salt ~~summaries~~Lake County, ~~corporate profiles~~Utah, ~~suggested~~against ~~terms for recapitalization or restructuring of financial instruments~~NaturalShrimp, ~~due diligence packages~~Inc., ~~corporate~~a ~~presentations~~Nevada ~~and~~corporation ~~other materials to properly present the Company to individuals and entities that could be beneficial to the Company~~(“NaturalShrimp”).

The ~~Consulting~~Motion ~~Agreement~~alleges, ~~commenced~~among onother ~~February 23~~things, ~~2024~~that ~~and~~NaturalShrimp ~~will~~has ~~extend~~defaulted ~~for~~under athe ~~period~~terms of ~~eight~~its ~~(8)~~loan ~~months~~agreements ~~unless~~with ~~sooner terminated as set forth in the Consulting Agreement~~Streeterville. The ~~Company has agreed to pay to Consultant a retainer fee of one hundred eighty thousand dollars~~Motion ~~($180,000)~~sought orthe ~~two~~appointment ~~hundred thousand dollars ($200,000)~~ of ~~the~~a ~~Company’s~~Receiver ~~preferred shares, subject~~ to ~~certain limitations.~~immediately Atake ~~success~~control ~~fee is further payable calculated as the greater~~ of ~~(i) seven hundred twenty thousand dollars ($720.000) or restricted shares of the Company~~NaturalShrimp’s ~~common~~assets ~~stock priced at 80% of the closing price on the trading date immediately preceding the initial listing date on the National Exchange or (ii) a number of shares equal~~ to ~~five~~preserve ~~percent (5%) of the fully diluted common stock of the Company as of the listing date on a National Exchange~~same.

AAn ~~copy~~Order ofwas entered ex parte by the ~~Consulting~~Court ~~Agreement~~on isSeptember ~~attached hereto~~9, as2024 ~~Exhibit~~granting 10the relief requested by Streeterville.1 The Court duly appointed Amplio Turnaround and isRestructuring, ~~incorporated~~LLC ~~herein~~as bythe ~~reference~~Receiver. The ~~foregoing~~Court’s ~~summary~~Order offurther ~~the~~scheduled ~~terms~~a ofhearing ~~the~~to ~~Consulting~~be held on September ~~Agreement~~17, is2024, ~~qualified~~on a preliminary injunction to address issues raised in ~~its~~the ~~entirety~~Motion. byNaturalShrimp ~~such~~has ~~document~~secured counsel to represent it in the litigation.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

The following exhibits are filed herewith:

Exhibit Number		Description of Exhibit
10.1		Consulting Agreement with Redhawk Investment Group, LLC
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	NATURALSHRIMP INCORPORATED
Date: February 29, 2024	By:	/s/ Gerald Easterling
Date: September 13, 2024	By:	/s/ Gerald Easterling
	Name:	Gerald Easterling
	Title:	Chief Executive Officer

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