Borealis Foods gets Nasdaq deficiency notice for delayed Q2 10-Q

Borealis Foods Inc.

Received Nasdaq notice Aug 26, 2026 for non-compliance with Listing Rule 5250(c)(1) due to delayed Q2-2026 Form 10-Q.
Must submit compliance plan by Oct 26, 2026; possible extension to Feb 16, 2027 if plan accepted.
Delay caused by review with auditors of accounting treatment for Conversion Agreement, subject to shareholder approval.
Notice has no immediate effect on listing or trading of BRLS common shares or warrants on Nasdaq Capital Market.
Company intends to file Q2-2026 Form 10-Q promptly after review completion.

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