Borealis Foods risks Nasdaq delisting after falling below $35 million market value threshold

• Borealis Foods received a Nasdaq notice on July 2, 2026 for failing the $35 million minimum market value of listed securities requirement.
• Nasdaq also flagged non-compliance with alternative continued listing standards tied to stockholders’ equity or net income from continuing operations.
• The notice does not immediately affect trading on the Nasdaq Capital Market, but delisting would also end the Nasdaq listing for the company’s warrants.
• The company has until Dec. 29, 2026 to regain compliance by maintaining MVLS of at least $35 million for at least 10 consecutive business days.
• Failure to cure could trigger a delisting determination, with the option to appeal to a Nasdaq hearings panel.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Borealis Foods Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-076374), on July 08, 2026, and is solely responsible for the information contained therein.