02:05 PM EDT, 06/12/2024 (MT Newswires) -- Blue Star Foods ( BSFC ) said Wednesday it was informed by Nasdaq that it has regained compliance with the stock exchange's minimum bid price and minimum stockholders' equity requirements for listing.

Despite regaining compliance, Blue Star will be subject to a one-year discretionary panel monitor until June 11, 2025, the company said.

Blue Star said it will have an option to request a new hearing if it fails to maintain compliance with any continued listing requirement during the one-year monitoring period.

Shares of the company were up 6.6% in recent trading.

Price: 2.84, Change: +0.18, Percent Change: +6.62