Miami-based seafood group Blue Star Foods is at risk of being de-listed from the Nasdaq stock market if it is unable to increase its share price.

The group received a letter from Nasdaq on Nov. 17 notifying it that because the closing bid price for its common stock has been below $1 (€1) per share for the past 30 consecutive business days, it no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Capital Market.