---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-019700"
form_type: "8-K"
ticker: "BSFC"
cik: "0001730773"
company_name: "Blue Star Foods Corp."
filed_at: "2023-05-31T23:59:59+00:00"
generated_at: "2026-06-14T10:38:27.316464+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Blue Star Foods receives Nasdaq delisting notice for failing minimum equity requirement

## Summary
- Stockholders' equity of $479,238 as of March 31, 2023, below Nasdaq's minimum requirement.
- Company also does not meet alternative compliance standards based on market value or net income.
- Requested a hearing before Nasdaq Hearings Panel on June 29, 2023, to present a plan to regain compliance.
- There is no assurance the plan will be accepted or that compliance can be regained.

## SEC filing metadata
- accession: 0001493152-23-019700
- form_type: 8-K
- ticker: BSFC
- cik: 0001730773
- company_name: Blue Star Foods Corp.
- filed_at: 2023-05-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1730773/000149315223019700/0001493152-23-019700-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1730773/000149315223019700/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-019700
- JSON: https://secwatch.observer/filing/0001493152-23-019700.json
- Plain text: https://secwatch.observer/filing/0001493152-23-019700.txt

## Key facts
- Listing & Compliance Notices
  Blue Star Foods Corp. received a nasdaq deficiency notice notice regarding stockholders equity (rules 5550(b)(1)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: stockholders equity
  - Rules: 5550(b)(1)
  source text: May 23, 2023, Blue Star Foods Corp. (the “Company”) received a written notification (the “Notice”) from the Listing Qualifications Staff of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that based on the Company’s stockholders’ equity of $479,238 as reported in the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2023 as filed with the Securities and Exchange Commission, the Company is no longer in compliance with the minimum stockholders’ equity requirement for continued inclusion on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(1) (the “Sto
  evidence_url: https://www.sec.gov/Archives/edgar/data/1730773/000149315223019700/0001493152-23-019700-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.