Blue Star Foods submits request for withdrawal of registration statement

Blue Star Foods requested that the Securities and Exchange Commission consent to the withdrawal of our Registration Statement on Form S-1 originally filed on August 6, 2024, as we no longer intend to pursue our public offering at this time. We believe this is in the best interests of our shareholders and investors. The Registration Statement has not been declared effective by the SEC, and no securities have been sold in connection with the offering described in the Registration Statement. John Keeler, Chairman and CEO of Blue Star Foods, commented, “We do not believe our current market capitalization accurately reflects the true value of our Company. This decision was made after thorough analysis and careful consideration of our financial standing and market conditions. We are dedicated to reassessing our strategy to ensure that it aligns with our shareholder interests and the growth of our business. Shareholders’ continued support and belief in Blue Star Foods Corp. mean the world to us. We look forward to creating long-term value together.”