Blue Star Foods Regains Compliance with Nasdaq

Company Compliance - Blue Star Foods Corp. has demonstrated compliance with the bid price requirement in Listing Rule 5550(a)(2) and the minimum stockholders' equity requirement in Listing Rule 5550(b)(1) as confirmed by a letter from the Nasdaq Hearings Panel on June 11, 2024 [1] - The company will be subject to a Discretionary Panel Monitor for a period of one year, until June 11, 2025, to ensure continued compliance with listing requirements [3] Company Overview - Blue Star Foods Corp. is an integrated Environmental, Social, and Governance (ESG) sustainable seafood company focusing on Recirculatory Aquaculture Systems (RAS) [1][4] - The company processes, packages, and sells high-value seafood products and claims to utilize best-in-class technology for resource sustainability management and traceability [4] - Blue Star Foods operates the oldest continuously operating RAS full grow-out salmon farm in North America, based in Miami, Florida [4]