Borealis Foods (BRLS): 10% owner reported a transaction in 961 units

961

Derivative units · @ $0.058

Traded

Mar 23, 2026

Filed

Apr 9, 2026

The story around this disclosure

Every dated public record OQRO holds about the company from 60 days before to 120 days after, oldest first. It shows what was going on; none of it is a stated reason for the trade.

1. Jan 29, 2026Company filing · Form 8-K · Executive changeChanged a top executive or board member“On January 29, 2026, the Board of Directors (the “Board”) of Borealis Foods Inc. (the “Company”) appointed Mr. Amin Ajami to serve as a director of the Company, effective immediately, to fill a vacancy on the Board resulting from the resignation of Mr. Kanat Mynzhanov in February 2025.”
2. Feb 2, 2026Company filing · Form 8-K · Debt accelerated, Other newsHad a debt or obligation accelerated, and reported other company news“On February 2, 2026, Borealis Foods Inc. (the “Company”) received a letter from counsel to Frontwell Capital Partners Inc. (the “Lender”) regarding the Credit Agreement, dated as of August 10, 2023 (as the same has been amended, supplemented or otherwise modified, from time to time, prior to the date hereof, the “Credit Agreement”), by and among the Company, Palmetto Gourmet Foods, Inc., PGF Real Estate I, Inc., PGF…”
3. Mar 2, 2026Company filing · Form 8-K · Listing noticeReceived a notice from its stock exchange“On March 2, 2026, Borealis Foods Inc. (the “Company”) received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that Nasdaq has reviewed and accepted the Company’s plan to regain compliance with Nasdaq Listing Rule 5620(a), which requires listed companies to hold an annual meeting of shareholders within twelve months of the end of their fiscal year.”

What came next

1. Mar 27, 2026Company filing · Form 8-K · Material agreement, Debt acceleratedHad a debt or obligation accelerated, and changed a top executive or board member (and 2 more items)“Appointment of Chief Restructuring Officer In connection with the Forbearance Agreement described under Item 1.01 above, on March 30, 2026, the Board of Directors of the Company appointed Jeffrey T. Varsalone as Chief Restructuring Officer of the Company and each of the other Loan Parties, effective as of such date.”
2. Apr 13, 2026Company filing · Form 8-K · Debt acceleratedHad a debt or obligation accelerated“On March 27, 2026, the Loan Parties entered into a Forbearance and Amendment Agreement (the “ Forbearance Agreement ”) with the Lender in connection with previously disclosed Events of Default under the Credit Agreement.”
3. Apr 17, 2026Company filing · Form 8-K · Listing notice, Reg FDReceived a notice from its stock exchange, and shared information with investors“In connection with the Company’s delayed Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “ 2025 Form 10-K ”), the Company received, on April 17, 2026, a notice (the “ Notice ”) from The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that, because the Company has not yet filed the 2025 Form 10-K, the Company no longer complies with Nasdaq Listing Rule 5250(c)(1) (the “ Listing…”
4. Apr 27, 2026Company filing · Form 8-K · Material agreement, Agreement endedChanged a top executive or board member, and signed an important agreement (and 4 more items)“On April 27, 2026, in connection with the repayment and termination of the Frontwell Agreements described in Item 1.02 above, the engagement of Jeffrey T. Varsalone as Chief Restructuring Officer of the Company and its subsidiaries was terminated, effective immediately.”
5. May 11, 2026Company filing · Form 8-K · Executive changeChanged a top executive or board member“On May 11, 2026, Mr. Shiv Khemka resigned from the Board of Directors (the “Board”) of the Company and from his positions as a member of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of the Board.”
6. May 21, 2026Company filing · Form 8-K · Listing notice, Reg FDReceived a notice from its stock exchange, and shared information with investors“In connection with the Company's delayed Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2026 (the “ Q12026 Form 10-Q ”), the Company received, on May 21, 2026, a notice (the “ Notice ”) from The Nasdaq Stock Market LLC (“ Nasdaq ”) notifying the Company that, because the Company has not yet filed the Q12026 Form 10-Q, the Company no longer complies with Nasdaq Listing Rule 5250(c)(1) (the “…”
7. May 29, 2026Company filing · Form 8-K · Material agreement, New debtSigned an important agreement, and took on new debt or obligations (and 1 more item)
8. Jul 2, 2026Company filing · Form 8-K · Listing noticeReceived a notice from its stock exchange“On July 2, 2026, Borealis Foods Inc. (the “Company”) received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based on the Company's Market Value of Listed Securities (“MVLS”) for the last 30 consecutive business days, the Company no longer satisfies the minimum MVLS requirement of $35,000,000 for continued listing on The Nasdaq Capital Market under Nasdaq Listing Rule 5550(b)(2)…”

How to read SEC Form 4

Form 4 is the filing that officers, directors and owners of more than 10% of a US-listed company must send to the SEC within two business days after they buy, sell or otherwise change their holding of the company's stock.

Full guide: What is an SEC Form 4?

What else is on file for Borealis Foods

OQRO holds no insider, Congress, fund or contract record for Borealis Foods dated in the last 90 days.

These are records OQRO holds, counted by their date, not a measure of how much trading took place. Routine paperwork such as option exercises and tax withholding is left out. Everything for the company is on its BRLS page.

How this filing works

• SEC Form 4
• Open-market purchase
• Rule 10b5-1 trading plans