BRLS
Borealis Foods Inc.
NASDAQ · Consumer Defensive · Packaged Foods · CA
$1.31
+8.26%Price chart
Aug 6Aug 11Aug 14Aug 19Aug 24Aug 27Sep 1Sep 4
ValuationView details →
P/E (Fwd)
—
EV/EBITDA
−5.2x
Market Cap
$28.12M
MomentumView details →
1D Return
+8.26%
YTD Return
−42.50%
RSI (14)
50.9
ValuationView details →
P/E (Fwd)
—
EV/EBITDA
−5.2x
Market Cap
$28.12M
RSI (14)
50.9
MomentumView details →
1D Return
+8.26%
YTD Return
−42.50%
SummaryUpdated Mar 1, 2026
Borealis Foods Inc. (NASDAQ:BRLS) is a Canadian packaged food company founded in 2020 and based in Oakville, Ontario. The company went public in October 2021 through an initial public offering. Borealis operates in the plant-based protein food market, focusing on the distribution and development of meat alternative products and vegetarian food options. The company has experienced significant financial challenges since its inception, with substantial losses and cash flow difficulties characterizing its early years of operation.
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Borealis Foods Inc. received a delinquency notice from NASDAQ on August 26, 2026, for failing to timely file its Q2 2026 Form 10-Q, in violation of Listing Rule 5250(c)(1), and intends to file the report promptly after completing a review with its auditors regarding the accounting treatment of its Conversion Agreement.3d agoBorealis Foods Inc. issued a $3,000,000 convertible promissory note to Oxus Capital Pte Ltd. in a private placement, with common shares issuable upon conversion at $1.45 per share.93d ago