Company: BSFC
Filing Date: 2025-06-23
Form Type: 10-K
Source: 0001641172-25-015976
Chunk: 468

Company: Blue Star Foods Corp.
Filing Date: 2025-06-23
Form: 10-K
Item: Item 1A
Chunk 468
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This
Annual Report contains certain statements relating to future events or the future financial performance of our Company. You are cautioned
that such statements are only predictions and involve risks and uncertainties, and that actual events or results may differ materially.
In evaluating such statements, you should specifically consider the various factors identified in this annual report, including the matters
set forth below, which could cause actual results to differ materially from those indicated by such forward-looking statements.

An
investment in our common stock involves a high degree of risk. You should carefully consider the following risk factors before deciding
to invest in our Company. If any of the following risks actually occur, our business, financial condition, results of operations and
prospects for growth would likely suffer.

Risks
Relating to Our Company and Business

Future
acquisitions may have an adverse effect on our ability to manage our business.

Selective
acquisitions currently form part of our strategy to further expand our business. If we are presented with appropriate opportunities,
we may acquire additional businesses, services or products that are complementary to our core business. Future acquisitions and the subsequent
integration of new companies into ours would require significant attention from management. Future acquisitions would also expose us
to potential risks, including risks associated with the assimilation of new operations, services and personnel, unforeseen or hidden
liabilities, the diversion of resources from our existing businesses and technologies, the inability to generate sufficient revenue to
offset the costs and expenses of acquisitions and potential loss of, or harm to, relationships with employees as a result of integration
of new businesses. The diversion of our management’s attention and any difficulties encountered in any integration process could
have a material adverse effect on our ability to manage our business.

11

The
value of crab meat is subject to fluctuation which may result in volatility of our results of operations and the value of an investment
in the Company.

Our
business is dependent upon the sale of a commodity which value is subject to fluctuation. Our net sales and operating results vary significantly
due to the volatility of the value of the crab meat that we sell which may result in the volatility of the market price of our Common
Stock.

A
material decline in the population and biomass of crab meat that we sell in the fisheries from which we obtain our crab meat would materially
and adversely affect our business.

The
population and biomass of crab meat are subject to natural fluctuations which are beyond our control and which may be exacerbated by
disease, reproductive problems or other biological issues and may be