Company: BSFC
Filing Date: 2025-10-07
Form Type: DEF 14C
Source: 0001493152-25-017240
Chunk: 3

Company: Blue Star Foods Corp.
Filing Date: 2025-10-07
Form: DEF 14C
Chunk 3
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 control 
 more difficult by issuing shares to persons aligned with management. The Board has not proposed the Authorized Share Increase in    
 response to any specific takeover threat and is not aware of any such pending efforts.                                              |

No Appraisal Rights

Stockholders are not entitled to appraisal or dissenters’ rights under Delaware law or our governing documents with respect to the Authorized Share Increase.

VOTE REQUIRED; ACTION BY WRITTEN CONSENT

Under Delaware law and our Certificate of Incorporation and Bylaws, the approval of the holders of a majority of the outstanding voting power is sufficient to adopt the Amendment. The Majority Stockholder(s), holding approximately 83.99%of the voting power as of the Record Date, approved the Amendment by Written Consent on September 19, 2025. Therefore, no meeting and no further action by other stockholders is required.

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth information as of the Record Date regarding the beneficial ownership of our common stock by (i) each person known to us to own beneficially more than 5% of our outstanding common stock, (ii) each of our directors and named executive officers, and (iii) all current directors and executive officers as a group. Unless otherwise indicated, each person has sole voting and investment power with respect to the shares beneficially

| Name and Address of Beneficial Owner                                |     | Number of    
 Shares       
 Beneficially 
 Owned        |           |    |     | Percentage of Beneficial Ownership |      |   |
| John Keeler                                                         |     |              | 1,498,489 | -1 |     |                                    |  7.6 | % |
| Jeffrey Guzy                                                        |     |              | 1,448,176 | -2 |     |                                    |  7.4 |   |
| Nubar Herian                                                        |     |              |   484,508 | -3 |     |                                    |  2.5 |   |
| Timothy McLellan                                                    |     |              |   965,684 | -3 |     |                                    |  4.9 |   |
| Trond Ringstad                                                      |     |              |   965,689 | -3 |     |                                    |  4.9 |   |
| All current directors and executive officers as a group (5 persons) |     |              | 5,362,796 |    |     |                                    | 27.3