Blue Star Foods Strengthens Market Position with OTCQB Quotation
19 February 2025 - 1:21AM
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.
The OTCQB Venture Market represents an
established public market with high financial reporting standards,
advanced corporate governance, and increased visibility to
investors. By meeting the rigorous requirements of a full OTCQB
listing, Blue Star Foods demonstrates its dedication to upholding
transparency, financial integrity, and investor confidence.
John Keeler, Chairman and CEO of Blue Star
Foods, commented, “Our quotation on the OTCQB Venture Market is a
significant milestone in Blue Star Foods' journey. It not only
enhances our ability to engage with the investor community but also
showcases our unwavering dedication to transparency,
sustainability, and shareholder value. Blue Star Foods is committed
to a high level of financial and corporate disclosure that is
required for this listing category, which demonstrates our
continued commitment to our shareholders. We believe that trading
on the OTCQB will improve the visibility of the Company, enhance
trading liquidity, and broaden our shareholder base as we move
forward with expanding our business. We will continue working
towards regaining a listing on a major national exchange in the
future.
Advantages of OTCQB Quotation:
1. Enhanced Transparency: Under the OTCQB
framework, Blue Star Foods is committed to providing comprehensive
financial reports, ensuring stakeholders have access to crucial
information that informs investment decisions. As part of this
market, the company is poised to uphold high standards of
regulatory compliance.
2. Increased Visibility: Being listed on the
OTCQB Venture Market elevates Blue Star Foods' profile, attracting
a broader spectrum of investors. The inclusion facilitates greater
market exposure and boosts the company's reputation in the
investment community, opening doors to new investment opportunities
and partnerships.
3. Credibility and Trust: The OTCQB quotation
attests to Blue Star Foods' strong operational capabilities and
robust corporate governance, reinforcing trust among its investors
and business partners. It affirms the company's commitment to
ethical business practices and sustainable operations.
4. Access to Capital Markets: Joining the OTCQB
Venture Market provides Blue Star Foods with heightened access to
capital, which is essential for driving sustainable growth and
funding expansion initiatives. This newfound access can fuel the
company's strategic objectives and bolster its competitive
positioning in the seafood industry.
About Blue Star Foods Corp. (OTCQB:
BSFC)
Blue Star Foods Corp. is a leading 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 Corp. is a sustainable seafood
company dedicated to providing high-quality, responsibly sourced
seafood products to global markets. With a focus on innovation and
environmental stewardship, Blue Star Foods aims to transform
seafood sustainability and contribute to healthier oceans and
ecosystems.
Forward-Looking Statements:
The foregoing material may contain
“forward-looking statements” within the meaning of Section 27A of
the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934, each as amended. Forward-looking statements
include all statements that do not relate solely to historical or
current facts, including without limitation statements regarding
the Company’s product development and business prospects, and can
be identified by the use of words such as “may,” “will,” “expect,”
“project,” “estimate,” “anticipate,” “plan,” “believe,”
“potential,” “should,” “continue” or the negative versions of those
words or other comparable words. Forward-looking statements are not
guarantees of future actions or performance. These forward-looking
statements are based on information currently available to the
Company and its current plans or expectations and are subject to a
number of risks and uncertainties that could significantly affect
current plans. Risks concerning the Company’s business are
described in detail in the Company’s Annual Report on Form 10-K for
the year ended December 31, 2023, and other periodic and current
reports filed with the Securities and Exchange Commission. The
Company is under no obligation to, and expressly disclaims any such
obligation to, update or alter its forward-looking statements,
whether as a result of new information, future events or
otherwise.
Investor
Contacts:investors@bluestarfoods.com
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