---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-060523"
form_type: "8-K"
ticker: "BRLS"
cik: "0001852973"
company_name: "Borealis Foods Inc."
filed_at: "2024-07-10T23:59:59+00:00"
generated_at: "2026-05-31T22:14:31.750483+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Borealis Foods enters into CEO employment agreement with Reza Soltanzadeh

## Summary
- Base salary of $500,000 per year, effective July 8, 2024.
- Eligible for annual discretionary bonus and equity awards up to 1% of outstanding common shares.
- Non-competition and non-solicitation covenants for 12 months after termination.
- Severance includes 12 months' base salary if terminated without cause.
- Agreement recognizes prior service since August 2019.

## SEC filing metadata
- accession: 0001213900-24-060523
- form_type: 8-K
- ticker: BRLS
- cik: 0001852973
- company_name: Borealis Foods Inc.
- filed_at: 2024-07-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852973/000121390024060523/0001213900-24-060523-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852973/000121390024060523/ea0209225-8k_borealis.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-060523
- JSON: https://secwatch.observer/filing/0001213900-24-060523.json
- Plain text: https://secwatch.observer/filing/0001213900-24-060523.txt

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