Blue Star Foods Corp. (BSFC): Nasdaq/NYSE listing notice — Blue Star Foods receives Nasdaq delisting notice for bid price non-compliance

Blue Star Foods Corp.

Received Nasdaq notice on Sept 26, 2023 for failing to maintain minimum $1.00 bid price over 30 consecutive business days.
Has 180 calendar days, until March 24, 2024, to regain compliance by closing at $1.00+ for 10 consecutive business days.
If not cured, may be eligible for an additional 180-day period if other listing standards are met; otherwise delisting and appeal.
Stock continues trading on Nasdaq Capital Market with no immediate effect on listing status.

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 noncompliance notice notice regarding minimum bid price (rules 5550(a)(2)).

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

Exact text from the filing

September 26, 2023, 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 Requ

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Blue Star Foods Corp. filing history →

Source: SEC EDGAR

accession 0001493152-23-035048

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