regulatory
confidence high
sentiment negative
materiality 0.75
Blue Star Foods receives Nasdaq delisting notice; hearing set for March 28, 2024
Blue Star Foods Corp.
- Nasdaq notified company of non-compliance with minimum stockholders' equity rule ($482,294 reported).
- Company believes current equity meets standards after converting certain non-cash liabilities to equity.
- Requested hearing on Dec 4, 2023; hearing granted and scheduled for March 28, 2024.
- Hearing will stay suspension of securities and filing of Form 25-NSE pending decision.