In June and November 2023, the Company entered two long-term convertible notes with board member Edmund Burke with principal amounts of $25,000 and $15,000, respectively.
The Company has licensed the Vertimass Process which is a patented one step process that converts ethanol into sustainable aviation fuel (SAF) and other renewable biofuels including bio-gasoline.
In September 2024, the Company was awarded a Small Business Innovation Research (SBIR) grant by the U.S. Department of Energy (DOE) in the amount of $1.15 million.
Blue Biofuels, Inc. Debt Obligations
Instrument
Description
Confidence
Evidence
BIOF-DEBT-8203
Warrants outstanding: 3421100
90%
xbrl warrant detail from xbrl 2025-12-31.
BIOF-DEBT-8204
Xbrl Convertible
90%
xbrl convertible detail from xbrl 2025-12-31.
BIOF-DEBT
Debt stack $2.2M
90%
Market cache reports total debt of $2.2M.
Blue Biofuels, Inc. Acquisitions
No acquisitions on recordNo completed or pending acquisitions found in our database for Blue Biofuels, Inc..
Blue Biofuels, Inc. Ownership
Holder
Name
Confidence
Evidence
BIOF-OWNER-ANCORA-ADVISORS-LLC
Ancora Advisors LLC
90%
13F overlay lists Ancora Advisors LLC as top holder; 2 tracked holders.
Blue Biofuels, Inc. Extended Supply Chain Network
No secondary connectionsNo correlated companies found through shared supply chain relationships.