secwatch.observer — SEC 8-K summary
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Issuer:     Blue Star Foods Corp. (BSFC)
CIK:        0001730773
Form:       8-K
Filed at:   2024-04-01T23:59:59+00:00
Accession:  0001493152-24-012439
Event type: regulatory
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Blue Star Foods faces Nasdaq delisting; plans appeal and reverse split
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- Received Nasdaq notice on March 26, 2024 for failing to regain minimum bid price compliance by March 25, 2024.
- Not eligible for second 180-day grace period due to not meeting $5M minimum stockholders' equity requirement.
- Will appeal to Nasdaq Hearings Panel by April 2, 2024; shares remain traded pending panel decision.
- Special meeting on April 30, 2024 to approve reverse stock split (1:2 to 1:50) to satisfy bid price rule.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1730773/000149315224012439/0001493152-24-012439-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1730773/000149315224012439/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-012439

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