Borealis Foods Inc. (BRLS) AI Dilution Summary
Updated Oct 4, 2026
Cash was $479,857 at 2026-03-31 against estimated monthly burn of $40,957. The most recent capital raised was a $3,000,000 unregistered convertible note private placement closed 2026-05-29. Earlier, on 2026-04-27, a term loan raised $16,625,000 net and funded a $16,200,000 repayment of the FrontWell facility the same day.