regulatory
confidence high
sentiment negative
materiality 0.75
Blue Star Foods receives Nasdaq delisting notice for bid price non-compliance, requests hearing
Blue Star Foods Corp.
- Received Nasdaq delisting notice on Oct 16, 2024 for non-compliance with $1.00 minimum bid price requirement.
- Company is under Mandatory Panel Monitor until June 11, 2025, so not eligible for a compliance period.
- Requested a hearing on Oct 18, 2024 (deadline Oct 23) to stay suspension pending Panel's decision.
- Hearing fee of $20,000 required.