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Borealis Foods

BRLS

Market cap $28.8M

1.34 USD

+0.03

2.29%

At close Updated Sep 8, 4:00 PM EDT

Pre-market

After hours

1.29

-0.05

3.73%

1 day

2.29%

5 days

16.52%

1 month

50.93%

3 months

-11.26%

6 months

-18.79%

Year to date

-24.29%

1 year

-46.18%

5 years

-86.35%

10 years

-86.35%

About: Borealis Foods Inc is a food technology integrator with a mission to address food security challenges through the development and commercialization of tasty, affordable, and sustainable functional foods. Borealis has developed a range of high-quality, affordable, sustainable, and nutritious premium, ready-to-eat meals sold in the United States, Canada, Central America, South America, and Europe. Through the development and launch of its ready-made ramen, featuring 20 grams of complete plant-based protein per serving, Borealis is developing solutions to address food challenges.

Employees: 140

Consumer Staples Packaged Foods

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 0%

Neutral 80%

Negative 20%

Borealis Foods Inc. Receives Expected Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q for Fiscal Quarter Ended June 30, 2026

NEW YORK, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Borealis Foods Inc. (Nasdaq: BRLS) (the “Company”) today announced that on August 26, 2026, the Company received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to the Company's failure to timely file its Quarterly Report on Form 10-Q for the fiscal quarter ended June 30, 2026 (the “Q2-2026 Form 10-Q”) with the Securities and Exchange Commission (the “SEC”). The Notice has no immediate effect on the listing or trading of the Company's Common Shares or Warrants on the Nasdaq Capital Market.

Borealis Foods Inc. Receives Expected Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q for Fiscal Quarter Ended June 30, 2026

Borealis Foods' U.S. School Foodservice Revenue Grows 110% Year Over Year Amid National Expansion

NEW YORK, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Borealis Foods Inc. (Nasdaq: BRLS), a food technology and manufacturing company, today announced continued national expansion in the U.S. K–12 foodservice market, with revenue from the channel increasing 110% compared with the prior-year period. Since entering the school foodservice channel, Borealis Foods has expanded its presence to more than 20,000 schools representing approximately 2,500 school districts.

Borealis Foods' U.S. School Foodservice Revenue Grows 110% Year Over Year Amid National Expansion

Borealis Foods Expands Access to Protein-Rich Chef Woo Noodles Through Costco

Borealis Foods launches Chef Woo High-Protein Noodles at Costco amid rising weight loss demand for convenient, nutrient-dense foods and complete protein.

Borealis Foods Expands Access to Protein-Rich Chef Woo Noodles Through Costco

Borealis Foods CEO Highlights Manufacturing Partnerships with Leading Global Food Companies as New Product Rollout Expands in U.S. and Canada

NEW YORK, July 10, 2026 (GLOBE NEWSWIRE) -- Borealis Foods Inc. (Nasdaq: BRLS, BRLSW) (“Borealis” or the “Company”), a food science and manufacturing company known for its Chef Woo, Chef Ramsay, Ramen Express, and Woodles brands, today provided an update on business progress, including continued demand for its protein-rich products, expanding manufacturing partnerships, and recent actions to strengthen its operations.. “Demand for our products continues to be healthy across the board, especially in our higher-margin, protein-rich products,” said Reza Soltanzadeh, Chief Executive Officer of Borealis Foods.

Borealis Foods CEO Highlights Manufacturing Partnerships with Leading Global Food Companies as New Product Rollout Expands in U.S. and Canada

Zacks Investment Research

Zacks Initiates Coverage of Borealis Foods With Underperform Recommendation

Discover why Zacks rates Borealis Foods as "Underperform", being the first on Wall Street to initiate coverage on the stock. Explore BRLS' struggles with weak finances, high leverage and ongoing profitability challenges.

Zacks Initiates Coverage of Borealis Foods With Underperform Recommendation

Borealis Foods Announces $17.0 Million Refinancing Transaction with Oxus Capital to Repay Frontwell Facility and Support Operations

TORONTO, April 28, 2026 (GLOBE NEWSWIRE) -- Borealis Foods Inc. (Nasdaq: BRLS) (“Borealis” or the “Company”), a food science company focused on nutritious, convenient food solutions, today announced that its subsidiaries entered into a $17.0 million term loan facility with Oxus Capital PTE Ltd. (“Oxus”), a significant shareholder of the Company, to repay in full the Company's existing obligations to Frontwell Capital Partners Inc. (“Frontwell”), improve near-term financial flexibility, and support operations.

Borealis Foods Announces $17.0 Million Refinancing Transaction with Oxus Capital to Repay Frontwell Facility and Support Operations

Borealis Foods Inc. Receives Expected Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K for Fiscal 2025

TORONTO, April 23, 2026 (GLOBE NEWSWIRE) -- Borealis Foods Inc. (Nasdaq: BRLS) (the “Company”) today announced that on April 17, 2026, the Company received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is not in compliance with Nasdaq Listing Rule 5250(c)(1) due to the Company's failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “2025 Form 10-K”) with the Securities and Exchange Commission (the “SEC”). The Notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market.

Borealis Foods Inc. Receives Expected Notification of Deficiency from Nasdaq Related to Delayed Filing of Annual Report on Form 10-K for Fiscal 2025

Borealis Foods Receives National Recognition and Reports Strong Q2 Results

NEW YORK , Sept. 8, 2025 /PRNewswire/ - Borealis Foods Inc. (Nasdaq: BRLS), a leading food science innovator, proudly announces that its Chef Woo® high-protein ramen has earned top honors from two of the food industry's most respected tastemakers.

Borealis Foods Receives National Recognition and Reports Strong Q2 Results

Borealis Foods' CEO Reza Soltanzadeh Issues Letter to Shareholders

Domestic Manufacturing Assets Attracting Significant Interest from Global Food Companies, Distributors and Retailers NEW YORK , May 27, 2025 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") (Nasdaq: BRLS), a food-tech innovator, and creator of the popular high-protein Chef Woo ramen, Ramen Express and Woodles brand of noodles, today announced that CEO Reza Soltanzadeh has issued a letter to shareholders discussing the Company's strategic developments and recent financial results. Dear Fellow Shareholders: Looking back over 2024 and the first few months of 2025, we have a number of significant achievements that set the stage for exciting developments to come.

Borealis Foods' CEO Reza Soltanzadeh Issues Letter to Shareholders

Borealis Foods to exclusively produce a leading global Ramen brand for Major Multinational Food Company in its US factory

Borealis Foods' wholly-owned consumer packaged goods company, Palmetto Gourmet Foods, takes on production of exclusive line of ramen noodles for a food conglomerate. NEW YORK , Nov. 13, 2024 /PRNewswire/ - Borealis Foods Inc. ("Borealis" or the "Company") (Nasdaq: BRLS), a food-tech innovator, and creator of the popular high-protein Chef Woo ramen, Ramen Express and Woodles brand of noodles, announced a partnership that will significantly expand production at its wholly owned Palmetto Gourmet Foods facility.

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