secwatch.observer — SEC 8-K summary
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Issuer:     Blue Star Foods Corp. (BSFC)
CIK:        0001730773
Form:       8-K
Filed at:   2023-06-20T23:59:59+00:00
Accession:  0001493152-23-021899
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 3.03, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Star Foods announces 1-for-20 reverse stock split effective June 21, 2023
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- Reverse stock split at 1-for-20 ratio approved by Board on June 1, 2023, effective June 21, 2023.
- Purpose is to increase share price to meet Nasdaq continued listing requirements.
- Approximately 52.7M pre-split shares converted to ~2.63M shares; no change in authorized shares.
- Fractional shares paid in cash; no dilutive effect on ownership percentages. Proportional adjustments to warrants and options.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1730773/000149315223021899/0001493152-23-021899-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1730773/000149315223021899/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-021899

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