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Borealis Foods (Nasdaq: BRLS) details 2026 director and auditor vote outcomes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Borealis Foods Inc. reported the results of its 2026 annual shareholder meeting. Shareholders representing 12,845,650 shares, or 59.8% of outstanding common stock as of the record date, were present, establishing a quorum.

All eight director nominees, including Barthelemy Helg, Reza Soltanzadeh and Ertharin Cousin, were elected with roughly 12.67 million votes cast in favor for each and minimal withheld votes, alongside broker non-votes. Shareholders also approved the appointment of Carr, Riggs & Ingram LLC as the independent registered public accounting firm for the year ending December 31, 2026, with 12,834,728 votes for and 10,922 withheld.

Positive

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Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Shares represented at meeting 12,845,650 shares 2026 annual meeting attendance, 59.8% of outstanding
Quorum percentage 59.8% Portion of outstanding shares represented at 2026 meeting
Votes for Barthelemy Helg 12,673,744 votes Director election, 2026 annual meeting
Votes for Reza Soltanzadeh 12,671,438 votes Director election, 2026 annual meeting
Votes for Ertharin Cousin 12,673,631 votes Director election, 2026 annual meeting
Auditor ratification votes for 12,834,728 votes Carr, Riggs & Ingram LLC for 2026 audit
Auditor ratification votes withheld 10,922 votes Carr, Riggs & Ingram LLC for 2026 audit
Broker non-votes per director 170,078 shares Broker non-votes for each director nominee
quorum financial
"were represented in person through virtual attendance or by proxy at the Annual Meeting constituting a quorum"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
broker non-vote financial
"The votes were cast as follows NAME | FOR | WITHHELD | BROKER NON-VOTE"
independent registered public accounting firm financial
"Ratify the appointment of Carr, Riggs & Ingram LLC as independent registered public accounting firm for the year ending December 31, 2026."
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
annual meeting of shareholders financial
"held its 2026 annual meeting of shareholders (the “Annual Meeting”)."
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
emerging growth company financial
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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Learn about SEC filing dates
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

June 29, 2026

Date of Report (date of earliest event reported)

 

BOREALIS FOODS INC.

(Exact name of registrant as specified in its charter)

 

Ontario   001-40778   98-1638988
(State or other jurisdiction of
incorporation or organization)
  (Commission File Number)   (I.R.S. Employer
Identification Number)

 

1540 Cornwall Rd., Suite 104
Oakville, ON L6J 7W5

(Address of principal executive offices and zip code)

 

(905) 278-2200

(Registrant's telephone number, including area code)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol   Name of each exchange on which registered
Common Shares   BRLS   Nasdaq Capital Market
Warrants   BRLSW   Nasdaq Capital Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

Item 5.07. Submission of Matters to a Vote of Security Holders

 

On June 29, 2026, Borealis Foods Inc. (the “Company”) held its 2026 annual meeting of shareholders (the “Annual Meeting”). A total of 12,845,650 shares, or 59.8% of the Company’s outstanding shares of common stock as of the record date for the Annual Meeting, were represented in person through virtual attendance or by proxy at the Annual Meeting constituting a quorum.

 

Proposal 1 – Election of Directors

 

The Company’s shareholders elected each of the persons listed below to serve as director until the next annual meeting in 2027 or until his or her earlier resignation, death, or removal. The votes were cast as follows:

 

NAME FOR WITHHELD BROKER  NON-VOTE
Barthelemy Helg 12,673,744 1,828 170,078
Reza Soltanzadeh 12,671,438 4,134 170,078
Ertharin Cousin 12,673,631 1,941 170,078
Steven Oyer 12,673,694 1,878 170,078
Shukhrat Ibragimov 12,673,055 2,517 170,078
Amin Ajami 12,673,579 1,993 170,078
Pavel Mynzhanov 12,673,990 1,582 170,078
Zaure Algaziyeva 12,672,993 2,579 170,078


Proposal 2 – Ratify the appointment of Carr, Riggs & Ingram LLC as independent registered public accounting firm for the year ending December 31, 2026.

 

FOR WITHHELD
12,834,728 10,922

 

Item 9.01 Financial Statements and Exhibits

 

(d): The following exhibits are being filed herewith:

 

Exhibit No.   Description
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 30th day of June 2026.

 

  BOREALIS FOODS INC.
     
  By: /s/ Pouneh Rahimi
Date: June 30, 2026   Pouneh V. Rahimi
    Chief Legal Officer

 

 

 

FAQ

What did Borealis Foods (BRLS) report in its latest 8-K?

Borealis Foods reported the results of its 2026 annual shareholder meeting. Investors learned which directors were elected, how many shares were represented for quorum, and that Carr, Riggs & Ingram LLC was ratified as auditor for 2026.

How many Borealis Foods shares were represented at the 2026 annual meeting?

A total of 12,845,650 Borealis Foods shares were represented at the 2026 annual meeting. This equaled 59.8% of the company’s outstanding common stock as of the record date, which was sufficient to constitute a quorum for conducting business.

Which directors were elected at Borealis Foods’ 2026 shareholder meeting?

Shareholders elected eight directors: Barthelemy Helg, Reza Soltanzadeh, Ertharin Cousin, Steven Oyer, Shukhrat Ibragimov, Amin Ajami, Pavel Mynzhanov, and Zaure Algaziyeva. Each received approximately 12.67 million votes for, with only a few thousand votes withheld plus broker non-votes.

Was the auditor ratified at the Borealis Foods 2026 annual meeting?

Yes, shareholders ratified Carr, Riggs & Ingram LLC as Borealis Foods’ independent registered public accounting firm for 2026. The proposal received 12,834,728 votes for and 10,922 votes withheld, indicating strong support for retaining the audit firm.

What does broker non-vote mean in the Borealis Foods director elections?

Broker non-vote refers to shares held in street name where brokers did not have authority to vote on the proposal. In Borealis Foods’ 2026 director elections, 170,078 shares for each nominee were classified as broker non-votes and did not affect the for-or-withheld tallies.

What is the significance of the 59.8% quorum for Borealis Foods (BRLS)?

The 59.8% quorum shows that more than half of Borealis Foods’ outstanding shares were represented. This level of participation satisfied the company’s requirements to conduct official business, including electing directors and ratifying the independent registered public accounting firm.

Filing Exhibits & Attachments

4 documents