secwatch.observer — SEC 8-K summary
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Issuer:     Blue Star Foods Corp. (BSFC)
CIK:        0001730773
Form:       8-K
Filed at:   2023-05-22T23:59:59+00:00
Accession:  0001493152-23-018594
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Star Foods receives Nasdaq delisting notice; appeals and shareholders approve reverse split
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- Nasdaq notified Blue Star on May 17, 2023 it failed to meet minimum bid price requirement and is ineligible for a second 180-day cure period.
- Company requested a hearing before Nasdaq Hearings Panel on May 22, 2023, which stays any suspension or delisting pending final decision.
- Stockholders approved a reverse stock split on May 10, 2023 at a ratio from 1:2 to 1:50 to regain compliance with the bid price rule.
- If no appeal, common stock would be suspended at the open on May 26, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1730773/000149315223018594/0001493152-23-018594-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1730773/000149315223018594/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-018594

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