Miami-based Blue Star Foods, owner of land-based steelhead farmer Taste of BC and Gault Seafood, a company using recirculating aquaculture system (RAS) technology to farm Atlantic blue crab, announced Thursday a public offering of an aggregate of more than 10.7 million shares of its common stock together with accompanying common stock warrants.

The company is looking to raise $5 million (€4.7 million) through the stock offering as part of an agreement to avoid being delisted by the Nasdaq stock exchange because its share price has been below the required $1.00