On March 17, 2026, NaturalShrimp entered into an Intellectual Property Acquisition and Management Transition Agreement with Hydrenesis, Inc. and David Antelo. Operations will transition toward commercialization of aquaculture and water treatment technologies with certain Hydrenesis IP transferred to NaturalShrimp. Approximately $1,034,112 owed to Hydrenesis will be converted into equity at Closing. New preferred stock series—Series L, Series P, and Series P-2—have been approved, with Certificates of Designation to be filed with the Nevada Secretary of State. Existing liabilities and legacy securities, including Series A and Series F Preferred Stock, will be restructured, amended, cancelled, or exchanged into Series L Preferred Stock. Unregistered sales of the new preferred securities will proceed under Section 4(a)(2) and/or Regulation D, subject to transfer restrictions. A change in control occurred via governance provisions granting control over board composition and executive authority, coupled with the recapitalization steps. Leadership changes include the resignation of the prior CEO, CFO, and COO/directors, and the appointment of David Antelo as Chief Executive Officer and sole director. The Board is expected to be expanded to three directors.