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. John Keeler, Chairman and CEO of Blue Star Foods, commented, “this by no means has any reflection on our operations, nothing has changed and we have returned to revenue growth and our current cash position is in a very good place.” Keeler, continued, “in deciding to not appeal the Nasdaq delisting notice, we realized some positives by listing in OTC Markets: - Lowers our public company costs - No immediate plans for reverse split as no longer needed to comply with Nasdaq listing standards - We intend to apply to list our securities on the OTCQB as soon as practicable. About Blue Star Foods Corp. (NASDAQ: BSFC): Blue Star Foods Corp. is an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS) that processes, packages and sells high-value seafood products. The Company believes it utilizes best-in-class technology, in both resource sustainability management and traceability, and ecological packaging. The Company also owns and operates the oldest continuously operating Recirculating Aquaculture System (RAS) full grow-out salmon farm in North America. The company is based in Miami, Florida, and its corporate website is: https://bluestarfoods.com

Blue Star Foods Moves its Listing to OTC Markets under its current symbol BSFC

Blue Star Foods Corp. has announced its delisting from Nasdaq due to a violation of Listing Rule 5550(a)(2) and will transition to trading on OTC Markets, starting on December 20, 2024. Chairman and CEO John Keeler emphasized that this decision does not affect the company's operations or financial health, and the company plans to apply for listing on the OTCQB in the future.