Borealis Foods Inc. (BRLS)
Company
Borealis Foods Inc. (BRLS)
SPAC: Oxus Acquisition Corp. (OXUS)
Feb 08, 2024
Food
Merger / DESPAC
SPAC/IPOIPOSep 2021SPAC/IPOIPOSep 2021- LOILOILOILOI
- AgreementDealFeb 2023AgreementDealFeb 2023
- Merger voteVoteFeb 2024Merger voteVoteFeb 2024
- MergerMergerFeb 2024MergerMergerFeb 2024
Merger · Feb 2024
SPAC/IPO details
A unit bundles the listed securities. Its components may become separately tradable after a period specified in the prospectus, even before a business combination. Units still outstanding at the business combination are generally separated into their components. Check the relevant SEC filings for the timing and procedure.
Only whole warrants can be exercised; fractional warrants per unit require multiple units to make a whole warrant. Warrants commonly allow holders to buy shares after a business combination at a set exercise price, often USD 11.50. They often last up to five years but may be redeemed earlier. Exercise date, price and term can differ; consult the relevant SEC filings.
Borealis Foods (NASDAQ: BRLS) is a pioneering, integrated food science and manufacturing company with a mission to disrupt and elevate the ready-to-eat meal and dry soup categories by offering premium and super-premium, nutritious products. Known for popular ramen noodle brands like the high protein Chef Woo®, Ramen Express®, and Woodles®, Borealis Foods brings innovative fusion flavors from diverse culinary traditions, creating delicious and nutritious meal options for consumers. With U.S.-based production facilities, the company’s portfolio reflects a commitment to quality, innovation, and sustainability.
An essential aspect of Borealis Foods’ success is its strategic partnerships with prominent national and international food producers, retailers, and distributors. Serving as an innovation partner to global food leaders, Borealis Foods leverages these collaborations to expand its offerings, enhance technological capabilities, and deliver food products that embody its values of healthy nutrition and innovation.
For more information on Borealis Foods, please visit https://borealisfoods.com/.
Former names
| Name | Until |
|---|---|
| Oxus Acquisition Corp. | Feb 7, 2024 |
Chart/Sentiment
Financials
Borealis Foods Inc. (BRLS)
| Period end | Revenue |
|---|---|
2025-12-3110-K/A | 31.5 m USD |
2024-12-3110-K | 29.1 m USD |
2023-12-3110-K | 31.4 m USD |
Source: SEC Company Facts · USD. Some values may be calculated; please verify them against the official SEC filings.
Oxus Acquisition Corp. (OXUS)
Historical SPAC data
| Period end | Trust Assets |
|---|---|
2023-12-3110-K | 21.9 m USD |
2022-12-3110-K | 178.5 m USD |
2021-12-3110-K | 176.0 m USD |
Source: SEC Company Facts · USD. Some values may be calculated; please verify them against the official SEC filings.
- Trust assetsFunds held in trust for redemptions or the merger.
- 21.9 m USD2023-12-31
- Change in trust assetsPercentage change from the previous reported trust value.
- -87.7 %since 2022-12-31 · 2023-12-31
- Trust change since first reportPercentage change from the first reported trust value.
- -87.5 %First trust value 2021-12-31 · 176.0 m USD · 2023-12-31
Source: SEC Company Facts. Please verify calculated values against official filings.