Blue Star Foods Corp. (BSFC): Nasdaq/NYSE listing notice — Blue Star Foods receives Nasdaq delisting notice for bid price below $1.00

Blue Star Foods Corp.

Notice received November 17, 2022 for non-compliance with Nasdaq Listing Rule 5550(a)(2).
Common stock bid price closed below $1.00 for 30 consecutive business days.
Compliance period of 180 days, until May 16, 2023, to regain minimum bid price.
Company can regain compliance by closing at $1.00 or more for 10 consecutive business days.
If not cured, may qualify for 180-day extension or face delisting subject to appeal.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Blue Star Foods Corp. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

November 17, 2022, Blue Star Foods Corp. (the “Company”) received a notice letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upon the closing bid price of the Company’s common stock, par value $0.0001 per share (“Common Stock”), for the last 30 consecutive business days, the Company is not currently in compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Requi

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Blue Star Foods Corp. filing history →

Source: SEC EDGAR

accession 0001493152-22-033604

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