BSFC
Blue Star Foods Corp. Common StockBSFC
BSFC
Delisted
BSFC was delisted on the 19th of December, 2024.
About: Blue Star Foods Corp is an international seafood company based in Miami. It imports, packages, and sells refrigerated pasteurized crab meat, and other premium seafood products. The company derives revenue from importing blue and red swimming crab meat from Indonesia, Philippines and China and distributing it in the United States and Canada under several premium brand names such as Blue Star, Oceanica, Pacifika, Crab & Go, First Choice, Good Stuff and Coastal Pride Fresh and TOBC steelhead salmon and rainbow trout fingerlings produced under the brand name Little Cedar Falls.. The Company's products are sold in the United States and Canada.
Employees: 39
Financial journalist opinion
Neutral
GlobeNewsWire
4 months ago
Blue Star Foods Launches Asian Food Division
Expected to Drive Incremental and Meaningful Sales Growth Miami, FL, March 24, 2025 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (OTCQB: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced it recently added an Asian Food Division with a focus on high value sushi categories. Since February 1, 2025, the Company launched and commercialized under the Blue Star Brand, in order to take advantage of the increasing popularity of Japanese cuisine, health-conscious dining preferences, and the growing demand for authentic sushi experiences that are driving the market expansion.
Neutral
GlobeNewsWire
5 months ago
Blue Star Foods Strengthens Market Position with OTCQB Quotation
Miami, FL, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (OTCQB: BSFC ), a leading sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is pleased to announce its recent inclusion on the OTC Markets Group's OTCQB Venture Market. This strategic move underscores Blue Star Foods' commitment to enhancing its transparency and accessibility in the financial markets, further solidifying its position as a trusted industry leader in sustainable seafood production.
Neutral
GlobeNewsWire
7 months ago
Blue Star Foods Moves its Listing to OTC Markets under its current symbol BSFC
Will Commence Trading on OTC Markets on Friday, December 20 Miami, FL, Dec. 19, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced that it received formal notice from The Nasdaq Stock Market LLC that its securities will be delisted from Nasdaq. The Company has decided not to appeal its delisting determination, which was based on the Company's violation of Listing Rule 5550(a)(2), the “Minimum Bid Price Requirement” and will begin trading on OTC Markets on Friday, December 20.
Neutral
GlobeNewsWire
8 months ago
Blue Star Foods Announces Stock Buyback Program for Up to $1.5 Million
Miami, FL, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced a stock buyback program to repurchase up to $1.5 million of the Company's common stock.
Neutral
GlobeNewsWire
8 months ago
Blue Star Foods Signs Vendor Agreement with LowTide LLC, under Wicked Tuna Seafood & Toby Keith's Premium brands
Expected to Expand Footprint in Retail, Food Service and Hospitality Sectors Miami, FL, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company including Recirculatory Aquaculture Systems (RAS), is proud to announce that they have signed a Vendor Agreement with LowTide, LLC. This collaboration marks an exciting milestone as Blue Star Foods Corp expands its portfolio with the development and nationwide distribution of two prominent brand lines: Wicked Tuna Seafood and Toby Keith's Premium.
Neutral
GlobeNewsWire
9 months ago
Blue Star Foods Issues Shareholder Letter from CEO
Balance Sheet Improvement by 50% Reduction in Liabilities Year-Over-Year Miami, FL, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced that its Chairman and CEO John Keeler provided the following letter to shareholders. Blue Star Foods Corp remains committed to transparency and integrity.
Neutral
GlobeNewsWire
9 months ago
Blue Star Foods' Taste of BC Aquafarms Signs Fingerling Supply Agreement with Miracle Springs, Poised for Accelerated Growth
Major Milestone to Meet Increasing Market Demand Miami, FL, Oct. 10, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), today announced that its Taste of BC Aquafarms executed a significant agreement with Miracle Springs to supply a substantial quantity of fingerlings. This partnership represents a major milestone, enabling Taste of BC to accelerate its harvest growth and meet increasing market demand.
Neutral
GlobeNewsWire
11 months ago
Blue Star Foods Strengthens Balance Sheet by Paying Off $645,668 of Debts
Miami, FL, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), has taken a significant step towards enhancing its financial position by reducing $645,668 in liabilities after its recently August 14th filling of its 10-Q from the quarter ended June 30, 2024. This move is part of Blue Star's comprehensive strategy to improve its financial health, which is focused on reducing debt and increasing its shareholder equity.
Neutral
GlobeNewsWire
11 months ago
Blue Star Foods Submits Request for Withdrawal of Registration Statement on Form S-1
Miami, FL, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), requested that the Securities and Exchange Commission ("SEC") consent to the withdrawal of our Registration Statement on Form S-1 (No. 333-281270) originally filed on August 6, 2024, as we no longer intend to pursue our public offering at this time. We believe this is in the best interests of our shareholders and investors.
Neutral
GlobeNewsWire
11 months ago
Blue Star Foods Reports 14% Revenue Growth to $4.0 Million, Highlighted by 27% Increase in Gross Profit for the First Half 2024
Increase in Revenues Led to 24% Reduction in Operating Loss Quarterly Gross Margins Increased 1,170 Basis Points to 16.6% Miami, FL, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., (“Blue Star,” the “Company,” “we,” “our” or “us”) (NASDAQ: BSFC ), an integrated Environmental, Social, and Governance (“ESG”) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (“RAS”), announced unaudited financial and operational results for the three and six months ended June 30, 2024. Key Financial Highlights for the Three Months Ended June 30, 2024 Revenue increased 7% to $1.8 million Gross profit increased 264% to $0.3 million Gross margin increased 1,170 basis points to 16.6% Operating loss decreased 36% to $0.7 million Inventory and RAS biomass of $2.6 million Total assets of $8.1 million Key Financial Highlights for the Six Months Ended June 30, 2024 Revenue increased 14% to $2.3 million Gross profit increased 27% to $0.5 million Gross margin increased 120 basis points to 11.5% Operating loss decreased 24% to $1.5 million Business Highlights for the Three Months Ended June 30, 2024 Signed Agreement with to provide high-quality, nutritious meals for U.S. Military Land-based aquaculture license renewal thru 2033 covering white sturgeon, coho salmon, chinook salmon and rainbow trout Business Highlights Subsequent to the Three Months Ended June 30, 2024 Initiated roll-out and expected to expand to numerous military bases over the next few months Launched plans to improve its soft-shell crab operations by introducing cutting-edge technology that combines Artificial Intelligence (AI) with Ultraviolet (UV) light technology to revolutionize the industry's standard molting crab identification process Management Commentary John Keeler, Chairman and CEO of Blue Star, commented, “Our first half 2024 results demonstrate the increase in business opportunities and revenue traction we are witnessing.
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