false 0001852973 A6 0001852973 2026-04-27 2026-04-27 0001852973 BRLS:CommonSharesMember 2026-04-27 2026-04-27 0001852973 BRLS:WarrantsMember 2026-04-27 2026-04-27 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

April 27, 2026

Date of Report (date of earliest event reported)

 

BOREALIS FOODS INC.

(Exact name of registrant as specified in its charter)

 

Ontario   001-40778   98-1638988
(State or other jurisdiction of
incorporation or organization)
  (Commission File Number)   (I.R.S. Employer
Identification Number)

 

1540 Cornwall Rd., Suite 104
Oakville, ON L6J 7W5

(Address of principal executive offices and zip code)

 

(905) 278-2200

(Registrant's telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol   Name of each exchange on which registered
Common Shares   BRLS   Nasdaq Capital Market
Warrants   BRLSW   Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

Item 7.01. Regulation FD Disclosure.

 

On April 27, 2026, Borealis Foods Inc. (the “Company”) issued a press release announcing the entry into a credit agreement with Oxus Capital PTE Ltd. (“Oxus”), the repayment in full of all outstanding obligations under the Company's existing credit agreement with Frontwell Capital Partners Inc., and the entry into a conversion agreement with Oxus, Reza Soltanzadeh, and Barthelemy Helg relating to the potential conversion of certain existing indebtedness into common shares of the Company. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

 

The Company expects to file a separate Current Report on Form 8-K containing additional details regarding the transactions described in the press release, including under Items 1.01, 1.02, 2.03, 3.02, 5.02, and 8.01.

The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. 

 

Item 9.01 Financial Statements and Exhibits

 

(d): The following exhibits are being filed herewith:

 

Exhibit No.   Description
99.1   Press Release dated April 28, 2026 (furnished herewith)
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 28 day of April 2026.

 

  BOREALIS FOODS INC.
     
  By:   /s/  Pouneh Rahimi
Date: April 28, 2026   Pouneh V. Rahimi
    Chief Legal Officer