Borealis Foods INC 8-K filings

Borealis Foods Inc. received a notice from Nasdaq indicating it no longer meets the minimum Market Value of Listed Securities requirement, triggering a 180-day compliance period.

Borealis Foods Inc. announced it received a deficiency notice from Nasdaq for failing to file its Q1 2026 quarterly report, impacting its continued listing status.

Borealis Foods Inc. announces board changes, including the resignation of Shiv Khemka and the appointment of two new directors, Zaure Algaziyeva and Pavel Mynzhanov, linked to a credit agreement.

Borealis Foods has entered into a new $17 million credit agreement with Oxus Capital to refinance existing debt and established a framework to convert $33.3 million of indebtedness into equity.

Borealis Foods Inc. announced a $17.0 million refinancing transaction with Oxus Capital PTE Ltd. to repay existing obligations and improve financial flexibility.

Borealis Foods Inc. received a deficiency notice from Nasdaq due to a delayed 2025 annual report filing, with a plan to regain compliance by October 2026.

Borealis Foods Inc. has received a notice of default from its lender after failing to meet a critical milestone for debt repayment.

Borealis Foods Inc. received an extension from Nasdaq until May 31, 2026, to hold its annual shareholder meeting and regain compliance with listing rules.

Borealis Foods Inc. has entered into a commitment letter for a proposed senior secured credit facility to refinance existing debt and enhance liquidity.

Borealis Foods Inc. received notice from its lender, Frontwell Capital, regarding multiple events of default, leading to potential increased financial obligations and a demand for a $5 million equity raise or refinancing.

Borealis Foods Inc. announced the immediate appointment of Mr. Amin Ajami as a new independent director to its Board and three key committees.

Borealis Foods Inc. filed an amendment to its current report, clarifying details of its auditor change and highlighting a 'going concern' emphasis in previous audit reports.

Borealis Foods Inc. received a Nasdaq notice for failing to hold its annual shareholder meeting and appointed a new independent accounting firm.

Borealis Foods Inc. has received notice from its lender regarding multiple ongoing events of default, leading to an increased interest rate on outstanding obligations and potential restrictions on future revolving loans.

Borealis Foods Inc. received a notice of multiple Events of Default from its lender, Frontwell Capital Partners Inc., leading to cash dominion and restricted future borrowing.

Borealis Foods Inc. reports strong second-quarter 2025 financial results with 36% revenue growth and national culinary recognition for its Chef Woo ramen brand.

Borealis Foods Inc. received a Nasdaq notice for failing to meet audit committee composition requirements following a director's resignation.

Borealis Foods Inc. secured a $980,000 loan from its Chairman, bearing 10% interest, while also accruing $125,000 in unpaid CEO salary.

Borealis Foods Inc. announced substantial gross margin improvement and a 37% reduction in SG&A expenses in Q1 2025, driven by a strategic pivot to higher-margin products and key institutional partnerships.

Borealis Foods Inc. obtained $2.785 million in promissory notes from its CEO and Chairman, bearing a 10% annual interest rate and due on demand.

Borealis Foods Inc. has extended the maturity dates of two promissory notes and announced the resignation of a board member.

Borealis Foods saw a significant improvement in its third quarter results, highlighted by a substantial increase in gross margin and net sales.

Borealis Foods announced continued gross margin expansion in the second quarter of 2024 and expects a stronger second half of the year, driven by strategic initiatives and seasonal demand.

Borealis Foods announced continued gross margin expansion in the second quarter of 2024 and expects a stronger second half of the year, driven by strategic initiatives and seasonal demand.

Borealis Foods Inc. has formalized the employment of Reza Soltanzadeh as CEO with a new agreement effective July 8, 2024, outlining his compensation and responsibilities.

Borealis Foods has authorized a stock buyback program to repurchase up to $3 million of its common shares, signaling management's belief that the current share price undervalues the company.

Borealis Foods CEO outlines recent progress in product mix, R&D, marketing, and sales initiatives in a letter to shareholders.

Borealis Foods announced a successful 2023 with significant revenue growth, expanded distribution, and a $50 million funding injection, while also outlining ambitious expansion plans for 2024.

Borealis Foods Inc. has finalized its business combination with Oxus Acquisition Corp., resulting in a newly formed public entity and the filing of an amended 8-K report to include audited financials and business updates.

Borealis Foods Inc., a food tech company focused on nutritious food solutions, has completed its business combination and will begin trading on Nasdaq under the ticker BRLS.