Blue Star Foods Moves its Listing to OTC Markets under its current symbol BSFC
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 19 2024
0mins
Source: Newsfilter
Delisting from Nasdaq: Blue Star Foods Corp. announced it will be delisted from Nasdaq due to a violation of the Minimum Bid Price Requirement and will begin trading on OTC Markets starting December 20, 2024.
Company's Position: Despite the delisting, CEO John Keeler emphasized that the company's operations remain strong with revenue growth and a solid cash position, while also highlighting benefits of the OTC listing such as reduced public company costs.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
