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Blue Star Foods Strengthens Market Position with OTCQB Quotation

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Blue Star Foods Corp. (OTCQB: BSFC), a sustainable seafood company specializing in Recirculatory Aquaculture Systems (RAS), has announced its inclusion on the OTC Markets Group's OTCQB Venture Market. This strategic move aims to enhance the company's transparency and market accessibility.

The OTCQB listing requires companies to meet high financial reporting standards and corporate governance requirements. According to Chairman and CEO John Keeler, this milestone is expected to improve trading liquidity, broaden the shareholder base, and enhance investor engagement. The company has expressed its intention to work towards regaining a listing on a major national exchange in the future.

Key advantages of the OTCQB quotation include enhanced transparency through comprehensive financial reporting, increased market visibility, strengthened credibility, and improved access to capital markets for funding expansion initiatives.

Blue Star Foods Corp. (OTCQB: BSFC), un'azienda di prodotti ittici sostenibili specializzata in Sistemi di Acquacoltura Ricircolante (RAS), ha annunciato la sua inclusione nel Mercato OTCQB del Gruppo OTC Markets. Questa mossa strategica mira a migliorare la trasparenza e l'accessibilità del mercato dell'azienda.

La quotazione OTCQB richiede alle aziende di soddisfare elevati standard di reporting finanziario e requisiti di governance aziendale. Secondo il Presidente e CEO John Keeler, questo traguardo dovrebbe migliorare la liquidità delle transazioni, ampliare la base azionaria e aumentare l'engagement degli investitori. L'azienda ha espresso l'intenzione di lavorare per riconquistare una quotazione su un'importante borsa nazionale in futuro.

I principali vantaggi della quotazione OTCQB includono una maggiore trasparenza attraverso un reporting finanziario completo, una maggiore visibilità sul mercato, una credibilità rafforzata e un miglior accesso ai mercati dei capitali per finanziare iniziative di espansione.

Blue Star Foods Corp. (OTCQB: BSFC), una empresa de mariscos sostenible especializada en Sistemas de Acuicultura Recirculante (RAS), ha anunciado su inclusión en el Mercado OTCQB del Grupo OTC Markets. Este movimiento estratégico tiene como objetivo mejorar la transparencia y la accesibilidad del mercado de la empresa.

La cotización en OTCQB requiere que las empresas cumplan con altos estándares de informes financieros y requisitos de gobernanza corporativa. Según el presidente y CEO John Keeler, se espera que este hito mejore la liquidez de las transacciones, amplíe la base de accionistas y aumente la participación de los inversores. La empresa ha expresado su intención de trabajar para recuperar una cotización en una importante bolsa nacional en el futuro.

Las principales ventajas de la cotización en OTCQB incluyen una mayor transparencia a través de informes financieros exhaustivos, una mayor visibilidad en el mercado, una credibilidad fortalecida y un mejor acceso a los mercados de capital para financiar iniciativas de expansión.

블루 스타 푸드 주식회사 (OTCQB: BSFC), 순환 수조 시스템(RAS)을 전문으로 하는 지속 가능한 해산물 회사, OTC 마켓 그룹의 OTCQB 벤처 마켓에 포함되었다고 발표했습니다. 이 전략적 결정은 회사의 투명성과 시장 접근성을 향상시키기 위한 것입니다.

OTCQB 상장 요건은 기업이 높은 재무 보고 기준과 기업 거버넌스 요구 사항을 충족해야 합니다. 존 키러 회장 겸 CEO에 따르면, 이 이정표는 거래 유동성을 개선하고 주주 기반을 확대하며 투자자 참여를 강화할 것으로 예상됩니다. 회사는 향후 주요 국가 거래소에 상장될 수 있도록 노력할 의사를 밝혔습니다.

OTCQB 상장의 주요 이점은 포괄적인 재무 보고를 통한 투명성 향상, 시장 가시성 증가, 신뢰성 강화, 자본 시장에 대한 접근 개선을 포함하여 확장 이니셔티브에 자금을 지원할 수 있는 것입니다.

Blue Star Foods Corp. (OTCQB: BSFC), une entreprise de fruits de mer durables spécialisée dans les Systèmes d'Aquaculture Recirculatoire (RAS), a annoncé son inclusion sur le marché OTCQB du groupe OTC Markets. Ce mouvement stratégique vise à améliorer la transparence et l'accessibilité du marché de l'entreprise.

La cotation OTCQB exige que les entreprises respectent des normes élevées en matière de reporting financier et de gouvernance d'entreprise. Selon le président et PDG John Keeler, cette étape devrait améliorer la liquidité des échanges, élargir la base d'actionnaires et renforcer l'engagement des investisseurs. L'entreprise a exprimé son intention de travailler pour retrouver une cotation sur une grande bourse nationale à l'avenir.

Les principaux avantages de la cotation OTCQB incluent une transparence accrue grâce à un reporting financier complet, une visibilité accrue sur le marché, une crédibilité renforcée et un meilleur accès aux marchés de capitaux pour financer des initiatives d'expansion.

Blue Star Foods Corp. (OTCQB: BSFC), ein nachhaltiges Meeresfrüchteunternehmen, das sich auf Rekirulierende Aquakultursysteme (RAS) spezialisiert hat, hat seine Aufnahme in den OTCQB Venture Market der OTC Markets Group bekannt gegeben. Dieser strategische Schritt zielt darauf ab, die Transparenz und Marktzugänglichkeit des Unternehmens zu verbessern.

Die OTCQB-Listung erfordert, dass Unternehmen hohe Standards für die finanzielle Berichterstattung und die Unternehmensführung erfüllen. Laut dem Vorsitzenden und CEO John Keeler wird erwartet, dass dieser Meilenstein die Handelsliquidität verbessert, die Aktionärsbasis erweitert und das Engagement der Investoren erhöht. Das Unternehmen hat seine Absicht bekundet, in Zukunft eine Listung an einer wichtigen nationalen Börse zurückzugewinnen.

Die wichtigsten Vorteile der OTCQB-Notierung umfassen eine verbesserte Transparenz durch umfassende Finanzberichterstattung, erhöhte Marktvisibilität, gestärktes Vertrauen und verbesserten Zugang zu den Kapitalmärkten zur Finanzierung von Expansionsinitiativen.

Positive
  • Upgraded listing to OTCQB Venture Market, providing enhanced market visibility and potential for improved trading liquidity
  • Access to broader capital markets for potential funding opportunities
  • Demonstrates compliance with higher financial reporting and corporate governance standards
Negative
  • Company currently not listed on major national exchange, indicating previous delisting or downgrade

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.

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


FAQ

What does Blue Star Foods' (BSFC) OTCQB listing mean for investors?

The OTCQB listing provides investors with enhanced transparency, better financial reporting, improved trading liquidity, and stronger corporate governance standards, potentially leading to broader market exposure and increased shareholder value.

What are the key benefits of BSFC's OTCQB Venture Market quotation?

The key benefits include enhanced transparency through comprehensive financial reporting, increased market visibility, stronger credibility with investors, and improved access to capital markets for funding growth initiatives.

Will Blue Star Foods (BSFC) return to a major national exchange?

According to the company, they are working towards regaining a listing on a major national exchange in the future, though no specific timeline has been provided.

How does the OTCQB listing affect BSFC's trading liquidity?

The OTCQB listing is expected to improve trading liquidity and broaden the company's shareholder base through increased market visibility and accessibility to investors.

Blue Star Foods

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