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Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell.
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Jan 12, 2026
Reporting period
Not applicable
Filed with the SEC
May 29, 2026
DirectorOther
Context
Classification
other
Code J — not an open-market trade
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001213900-26-062832
Filed / recorded
May 29, 2026, 8:15 PM UTC
Added to OQRO
Oct 8, 2026, 8:28 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
Borealis Foods Inc.
Issuer CIK
1852973
Ticker
BRLS
Reporting person
Barthelemy Helg
Relationship
Director
Security
Class A Common Shares
Table
Non-derivative (Table I)
Transaction date
Jan 12, 2026
Transaction code
J
Shares / units
500,000
Acquired / disposed
Disposed (D)
Shares owned after
2,718,056
Ownership form
Direct
Amendment
No
Footnotes from the filing
On December 5, 2025, the Reporting Person entered into a Pledge and Escrow Agreement with EarlyBirdCapital, Inc. ("EBC") and Continental Stock Transfer & Trust Company pursuant to which the Reporting Person agreed to pledge 500,000 Class A Common Shares (the "Shares") of Borealis Foods Inc. (the "Company") to secure indebtedness of the company owed to EBC. Upon the Company's default under the promissory note described in footnote 2, the Shares were transferred to EBC on January 12, 2026 in partial satisfaction of such indebtedness.
The Reporting Person pledged 500,000 Class A Common Shares of the Company to secure payment of indebtedness of the Company in the principal amount of $1,980,000 under that certain promissory note, dated February 7, 2024, as amended on April 15, 2025, June 30, 2025, and December 5, 2025.
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.
Had 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…”