01:27 PM EDT, 05/15/2024 (MT Newswires) -- Blue Star Foods ( BSFC ) said Wednesday that it will implement a 1-for-50 reverse stock split to bring it into compliance with the $1.00 minimum bid price requirement to maintain its listing on Nasdaq.

The company said its shares will start trading on a split-adjusted basis Monday.

The shares were up about 16% in recent trading.

Price: 0.07, Change: +0.01, Percent Change: +16.70