Company: BSFC
Filing Date: 2025-06-23
Form Type: 10-K
Source: 0001641172-25-015976
Chunk: 331

Company: Blue Star Foods Corp.
Filing Date: 2025-06-23
Form: 10-K
Item: Item 1
Chunk 331
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 could result in substantial costs and divert our efforts from other aspects of
our business. Accordingly, our efforts to protect our intellectual property rights in such countries may be inadequate. In addition,
changes in the law and legal decisions by courts in the United States and foreign countries may affect our ability to obtain adequate
protection for our technology and the enforcement of intellectual property.

Third
parties may assert that our employees or consultants have wrongfully used or disclosed confidential information or misappropriated trade
secrets.

Although
we try to ensure that our employees and consultants do not use the proprietary information or know-how of others in their work for us,
we may be subject to claims that we or our employees, consultants or independent contractors have inadvertently or otherwise used or
disclosed intellectual property, including trade secrets or other proprietary information, of a former employer or other third parties.
Litigation may be necessary to defend against these claims. If we fail in defending any such claims, in addition to paying monetary damages,
we may lose valuable intellectual property rights or personnel. Even if we are successful in defending against such claims, litigation
could result in substantial costs and be a distraction to management and other employees.

Risks
Related to Regulatory Matters

Our
products and operations are subject to government regulation and oversight both in the United States and abroad, and our failure to comply
with applicable requirements could harm our business.

The
FDA and other government agencies regulate, among other things, with respect to our products and operations:

    ●
    design, development and
    manufacturing;

    ●
    testing, labeling, content
    and language of instructions for use and storage;

    ●
    product safety;

    ●
    marketing, sales and distribution;

    ●
    record keeping procedures;

    ●
    advertising and promotion;

    ●
    recalls and corrective
    actions; and

    ●
    product import and export.

The
regulations to which we are subject are complex and have tended to become more stringent over time. Regulatory changes could result in
restrictions on our ability to carry on or expand our operations, higher than anticipated costs or lower than anticipated sales.

21

The
failure to comply with applicable regulations could jeopardize our ability to sell our products and result in enforcement actions such
as:

    ●
    warning letters;

    ●
    fines;

    ●
    injunctions;

    ●
    civil penalties;

    ●
    termination of distribution;

    ●
    recalls or seizures of