Borealis Foods Inc. (BRLS) Form 8-K — Jul 8, 2026
Borealis Foods Inc. received a notice from Nasdaq indicating it no longer satisfies the minimum Market Value of Listed Securities requirement of $35 million for continued listing on the Nasdaq Capital Market. The company also fails to meet alternative continued listing standards based on stockholders' equity and net income from continuing operations. The company has been granted a compliance period of 180 calendar days, or until December 29, 2026, to regain compliance with the market value rule.
Key figures
- Cure Period Days
- 180
- Mvls Requirement
- $35,000,000
- Compliance Deadline
- December 29, 2026
Price after filing
Close on the filing date to close N calendar days later (from $1.05). Historical, not a forecast.
AI analysis
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