regulatory
confidence high
sentiment negative
materiality 0.65
Borealis Foods Inc. (BRLS): Nasdaq/NYSE listing notice — Borealis Foods receives Nasdaq deficiency notice for delayed Q1 2026 10-Q; supplements prior 2025 10-K notice
Borealis Foods Inc.
- Nasdaq notified Borealis on May 21, 2026 of non-compliance with Listing Rule 5250(c)(1) for failure to timely file Q1 2026 Form 10-Q.
- This supplements an April 17, 2026 notice regarding the delayed 2025 Form 10-K (the initial delinquent filing).
- Company must submit a compliance plan by June 16, 2026; if accepted, Nasdaq may grant until October 12, 2026 to regain compliance.
- Borealis expects to file Q1 2026 Form 10-Q no later than early June 2026, which together with the 2025 10-K is believed to cure the deficiency.
- The notice has no immediate effect on the listing or trading of BRLS common shares or warrants on the Nasdaq Capital Market.