---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-050198"
form_type: "8-K"
ticker: "BRLS"
cik: "0001852973"
company_name: "Borealis Foods Inc."
filed_at: "2024-06-06T23:59:59+00:00"
generated_at: "2026-06-01T06:01:15.326850+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Borealis Foods authorizes $3.0M stock buyback program through May 2025

## Summary
- Board authorized up to $3.0M in common share repurchases; program expires May 30, 2025.
- CEO says current valuation does not reflect business strength; buyback aims to enhance shareholder value.
- Repurchases may be made in open market, block trades, or via Rule 10b5-1 plans at management's discretion.
- Funding from cash on hand and operations; no obligation to purchase any specific amount.
- Program may be suspended, terminated, or modified at any time without prior notice.

## SEC filing metadata
- accession: 0001213900-24-050198
- form_type: 8-K
- ticker: BRLS
- cik: 0001852973
- company_name: Borealis Foods Inc.
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852973/000121390024050198/0001213900-24-050198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852973/000121390024050198/ea0207421-8k_borealis.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-050198
- JSON: https://secwatch.observer/filing/0001213900-24-050198.json
- Plain text: https://secwatch.observer/filing/0001213900-24-050198.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.