Borealis Foods receives Nasdaq notice for audit committee non-compliance; cure period until Feb 1, 2026

Borealis Foods Inc.

Nasdaq notified Borealis of non-compliance with Listing Rule 5605(c)(2)(A) for audit committee composition.
Audit Committee had only 2 independent directors after Kanat Mynzhanov resigned from the board.
Company has cure period until the earlier of next annual shareholders' meeting or February 1, 2026.
Notice has no immediate effect on listing of common shares or warrants on Nasdaq.

item 3.01item 9.01

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