Increase in Revenues Leads to 44% Reduction in Losses Financial Results for the Three Months Ended March 31, 2024 Revenue increased 19% to $2.3 million Net loss decreased 44% to $1.1 million Adjusted EBITDA loss decreased 35% to $0.6 million Inventory and RAS biomass of $2.3 million Executed Transformational Master Service Agreement (MSA) with a the fully integrated seafood provider. Started Production of Soft-Shell Operations in South Carolina for the 2024 Season Under Existing License from the South Carol ...

Miami, FL, May 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), today announced that it will effect a 1-for-50 reverse stock split ("Reverse Stock Split") of its authorized and issued and outstanding shares of Class A common stock, par value $0.0001 per share ("Common Stock"). The Reverse Stock Spli ...

(Mark One) or Commission file number: 001-40991 (305) 836-6858 (Registrant's telephone number, including area code) FORM 10-Q For the quarterly period ended: March 31, 2024 For the transition period from ________________ to ________________ Delaware 82-4270040 (State or other jurisdiction of incorporation or organization) (IRS Employer Identification No.) N/A (Former name, former address and former fiscal year, if changed since last report) Title of each class Trading Symbol(s) Name of each exchange on whic ...

Miami, FL, April 17, 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 it has secured additional funding to help meet increased demand under its previously announced Master Service Agreement as well as increase the volume in its soft shell crab operations. On April 16, 2024 Blue Star ente ...

Initial Launch Expected to Roll Out to Numerous Military Bases Over the Next Few Months Miami, FL, April 10, 2024 (GLOBE NEWSWIRE) -- Blue Star Foods Corp., ("Blue Star," the "Company," "we," "our" or "us") (NASDAQ: BSFC), a leader in value-added meal solutions and an integrated Environmental, Social, and Governance (ESG) sustainable seafood company with a focus on Recirculatory Aquaculture Systems (RAS), is profoundly honored to announce the successful execution of a supply agreement to provide manufacturi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) For the fiscal year ended: December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-40991 | --- | --- | --- | |---------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------------------|------------------------------------------------- ...

Miami, FL, Feb. 21, 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), is pleased to announce its signing of a Master Service Agreement with a vertically integrated seafood value added provider. The fully integrated seafood provider adds value from, sourcing to preparing and distributing its gourmet meals ...

| --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------|-------|-------------|-------|--------------| | CASH FLOWS FROM OPERATING ACTIVITIES: | | 2023 | | 2022 | | | | | | | | Net Loss | $ | (3,848,950) | $ | (6,229,168) | | Adjustments to reconcile net loss to net cash (used in) operating activities: | | | | | | Stock based compensation | | 54,718 | | 299,173 | | Common stock issued for service | | 109,000 | | 388,554 | | Deprec ...

For the six months ended June 30, 2023, the Company recognized $37,130 of compensation expense for vested stock options issued to directors, contractors and employees during 2019 to 2022. The following table represents warrant activity for the six months ended June 30, 2023: On January 24, 2022, in connection with the issuance of the $5,750,000 promissory note to Lind pursuant to a securities purchase agreement, the Company issued Lind a five-year warrant to purchase 1,000,000 shares of common stock at an e ...

● The intensity of competition; ● Changes in the political and regulatory environment and in business and fiscal conditions in the United States and overseas; and ● The effect of COVID-19 on our operations and the capital markets. A description of these and other risks and uncertainties that could affect our business appears in the section captioned "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2022 which we filed with the Securities and Exchange Commission ("SEC") on Apri ...