Borealis Foods Inc.

BRLS

NASDAQ

Consumer Defensive

Packaged Foods

Oakville, ON, CA147 employeesborealisfoods.ca

$1.42

+0.02(1.43%)

Mkt Cap $30M

$0.65

$6.06

52-Week Range

At a Glance

AI-generated

8-K

Borealis Foods Inc. entered a Forbearance Agreement with Frontwell Capital Partners acknowledging multiple defaults under its credit facility and appointed Jeffrey T. Varsalone as Chief Restructuring Officer amid restructuring efforts.

$30M

Market Cap

$28M

Revenue

-$18M

Net Income

Employees147

Fundamentals

How The Business Makes Money

Borealis Foods Inc. engages in the distribution of plant-based protein food products. The company's product includes Chef Woo, a high-protein meat alternative; and Ramen Express, vegetarian ramen noodles. Borealis Foods Inc. was incorporated in 2020 and is based in Oakville, Canada.

Industry Packaged Foods

Activity

What Changed Recently

Delisting

Mar 5, 2026

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On March 2, 2026, Borealis Foods Inc. (the “Company”) recei

Management Change

Jan 28, 2026

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On January 29,

Delisting

Jan 15, 2026

Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. On January 12, 2026, Borealis Foods Inc. (the “Company”) re

Financing

Feb 5, 2026

of Form 8-K. The letter further states that the Lender reserves all rights and remedies under the Credit Agreement and applicable law, that nothing therein cons

Management Change+4 More

Apr 1, 2026

above. There are no family relationships between Mr. Varsalone and any director or executive officer of the Company. Mr. Varsalone has no direct or indirect mat

Company Profile

CIK0001852973

ISINCA09973D1050

Address1540 Cornwall Rd, Oakville, ON, L6J 7W5, CA

SEC EDGAR