M&A
confidence high
sentiment neutral
materiality 0.65
Oxus files S-4 for Borealis combination; Borealis 2022 rev $27.5M, +93% YoY
Borealis Foods Inc.
- Borealis 2022 gross revenue $27.5M vs $14.3M in 2021; Q1 2023 revenue $8.7M.
- Borealis developed world's first plant-based high-protein ramen with 20g protein.
- Business combination expected to close late Q4 2023.
- Oxus CEO Kanat Mynzhanov says Borealis positioned to fight world hunger.