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): January 11, 2021
BLUE STAR FOODS CORP.
(Exact name of registrant as specified in its charter)
| Delaware | 000-55903 | 82-4270040 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(IRS Employer Identification No.) |
3000 NW 109th Avenue
Miami, Florida 33172
(Address of principal executive offices)
(860) 633-5565
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement 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 of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| None | N/A | N/A |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company [X]
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. [ ]
| Item 7.01 | Regulation FD Disclosure. |
On January 11, 2021, Blue Star Foods Corp., a Delaware corporation (the “Company”), issued a press release announcing the publication of the Company’s first GRI Standard Sustainability Report for 2020. The press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
The information in this Item 7.01 of this Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing of ours under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference to this Form 8-K in such filing.
Cautionary Note Regarding Forward-Looking Statements
This filing includes “forward-looking statements.” All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Actual results could vary significantly from those expressed or implied in such statements and are subject to a number of risks and uncertainties. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company can give no assurance that such expectations will prove to be correct. The forward-looking statements involve risks and uncertainties that affect the Company’s operations, financial performance, and other factors as discussed in the Company’s filings with the Securities and Exchange Commission (“SEC”). Among the factors that could cause results to differ materially are those risks discussed in the periodic reports the Company files with the SEC, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2019. You are urged to carefully review and consider the cautionary statements and other disclosures made in those filings, specifically those under the heading “Risk Factors.” The Company does not undertake any duty to update any forward-looking statement except as required by law.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
Exhibit No. |
Description of Exhibit | |
| 99.1 | Press Release, dated January 11, 2021 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BLUE STAR FOODS CORP. | ||
| Dated: January 12, 2021 | By: | /s/ John Keeler |
| John Keeler | ||
| Executive Chairman and Chief Executive Officer | ||
Exhibit 99.1
Blue Star Foods Corp. Releases its First GRI Standard Sustainability Report 2020
Miami, Florida – January 11th, 2021 – Blue Star Foods Corp. (OTC:BSFC), (“Blue Star”), a sustainable seafood company, announces the publication of its first GRI Standard Sustainability Report for 2020, which it intends to publish on a bi-annual basis.
The report can be found in the following locations:
| ● | BSFC Website: https://www.bluestarfoods.com/wp-content/uploads/PDF/BSF-Sustainability-Report-2020.pdf |
| ● | GRI Sustainability disclosure website: https://database.globalreporting.org/reports/80985/ |
The 89-page report shows the company’s performance during the last 2 years against globally recognized, quantifiable and standardized ESG Key Performance Indicators and is the only report of its kind focused on the Blue Crabmeat category of the seafood industry. The report entails how Blue Star looks after the ocean waters from where crabs are harvested, how it manages waste, its relentless focus on its workers’ social and economic wellbeing and efforts to empower local artisanal fishing communities.
“Since the GRI Standards were launched in 2006, I have been a believer in the philosophy of why they were created - as a uniform, internationally recognized ESG audit standard that one must undertake in order to get properly accredited. We’ve been working for several years to complete this report and we’re very happy to finally release it to the public,” said John Keeler, who is the Chairman, Chief Executive Officer and the Chief Sustainability Officer of Blue Star Foods Corp.
He further added, “We think it’s important for our partners, and the consumers of our products to understand that we don’t just talk about being sustainable, we have put in the work to be transparent about how we get there as a company and to measure it against ESG global standards.”
About the GRI ‘s Sustainability Disclosure Database
The GRI database (www.globalreporting.org) was developed by the Global Sustainability Standards Board (GSSB) and aims to help companies around the world be more transparent in all areas of sustainability and to help organizations contribute to the UN Sustainable Development Goals (SDGs) (www.un.org/sustainabledevelopment/sustainable-development-goals). They follow an independent, multi-stakeholder process, and maintain the world’s most comprehensive sustainability reporting standards.
About Blue Star Foods Corp.
Blue Star Foods Corp. is a sustainable seafood company that processes, packages, and sells refrigerated pasteurized Blue Crab meat, and other premium seafood products. The Company believes it utilizes best-in-class technology, in both resource sustainability management and traceability, and ecological packaging. Its products are currently sold in the United States, Mexico, Canada, the Caribbean, the United Kingdom, France, the Middle East, Singapore, and Hong Kong. The company’s headquarters are in Miami, Florida (United States), and its corporate website is: http://www.bluestarfoods.com.
Contacts
Constantino Gutierrez | Newbridge Securities Corporation
cgutierrez@newbridgesecurities.com | Office: (480) 207-1824