UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01 Other Events
On November 27, 2023, Blue Star Foods Corp., (the “Company”) was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that it no longer complied with the minimum $2,500,000 stockholders’ equity requirement for continued listing under Nasdaq Listing Rule 5550(b)(1).
On December 4, 2023, the Company requested a hearing with the Hearings Panel (the “Panel”), which was held on March 5, 2024.
On March 22, 2024, the Panel notified the Company that it had granted the request of the Company to continue its listing on Nasdaq until May 15, 2024 subject to the following conditions: (i) on or before April 1, 2024, the Company will file its Form 10-K for the period ended December 31, 2023 demonstrating compliance with Listing Rule 5550(b)(1), and; (ii) on or before May 15, 2024, the Company will file its Form 10-Q for the period ended March 31, 2024 demonstrating continued compliance with Listing Rule 5550(b)(1) and evidence compliance with all applicable criteria for continued listing. The Panel noted this exception is based on the Company filing its Form 10-K and Form 10-Q on the dates listed above, without any extensions.
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.
| BLUE STAR FOODS CORP. | ||
| Date: March 28, 2024 | By: | /s/ John Keeler |
| John Keeler Executive Chairman and Chief Executive Officer | ||