8-K
Blue Star Foods Corp. (BSFC)
View as plain text
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 11, 2024
BLUE
STAR FOODS CORP.
(Exact name of registrant as specified in its charter)
| Delaware | 001-40991 | 82-4270040 |
|---|---|---|
| (State<br> or other jurisdiction<br><br> <br>of<br> incorporation) | (Commission<br><br> <br>File<br> Number) | (IRS<br> Employer<br><br> <br>Identification<br> No.) |
3000NW 109th Avenue
Miami,Florida 33172
(Address of principal executive offices)
Registrant’s telephone number, including area code: (305) 836-6858
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company under any of the following provisions:
| ☐ | Written<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement<br> communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title<br> of each class | Trading<br> Symbols | Name<br> of each exchange on which registered |
|---|---|---|
| Common Stock, $0.0001 | BSFC | The Nasdaq Stock Market LLC<br><br> <br>(Nasdaq Capital Market) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item8.01 Other Events.
As previously disclosed in our Current Report on Form 8-K filed on November 27, 2024, the board of directors of Blue Star Foods Corp., (the “Company”) approved and authorized a stock repurchase program (the “Repurchase Program”), pursuant to which the Company may purchase up to $1.5 million of its common stock, from time to time, in the open market.
In furtherance of the board’s authorization and as part of the Company’s over-all market strategy, the Company is presently evaluating brokerage firms or other banking institutions to act as a depository for the repurchased common stock. There is not fixed timeline for when this will occur and when the Repurchase Program will commence.
| BLUE STAR FOODS CORP. | ||
|---|---|---|
| Date:<br> December 11, 2024 | By: | /s/ John Keeler |
| John<br> Keeler, Executive Chairman and Chief Executive Officer |