Borealis Foods insider buys 407K warrants
Borealis Foods Inc. ten percent owner Sergii Diachenko reported a series of open-market purchases of company warrants.
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Form Type
4
Rhea-AI Filing Summary
Borealis Foods Inc. ten percent owner Sergii Diachenko reported a series of open-market purchases of company warrants. Across 30 transactions between March 5 and October 8, 2024, he bought a total of 407,218 warrants at prices between $0.0498 and $0.1411 per warrant. Each warrant is exercisable for one share of common stock at a $11.50 exercise price and expires on February 9, 2029. Following the most recent purchase, Diachenko directly holds 2,600,004 warrants.
Insider Trade Summary
Net Buyer: 407,218 shares
Net Buy
30 txns
Insider
Diachenko Sergii
Role
10% Owner
Bought
407,218 shs ($29K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Warrants | 43,945 | $0.0807 | $4K |
| Purchase | Warrants | 2,327 | $0.07 | $162.89 |
| Purchase | Warrants | 3,900 | $0.0621 | $242.19 |
| Purchase | Warrants | 2,700 | $0.0699 | $188.73 |
| Purchase | Warrants | 15,914 | $0.0714 | $1K |
| Purchase | Warrants | 2,100 | $0.0648 | $136.08 |
| Purchase | Warrants | 46,350 | $0.0607 | $3K |
| Purchase | Warrants | 2,278 | $0.0501 | $114.13 |
| Purchase | Warrants | 44,960 | $0.0501 | $2K |
| Purchase | Warrants | 1,940 | $0.0601 | $116.59 |
| Purchase | Warrants | 54,240 | $0.0498 | $3K |
| Purchase | Warrants | 16,550 | $0.0725 | $1K |
| Purchase | Warrants | 20,000 | $0.0799 | $2K |
| Purchase | Warrants | 1,360 | $0.0783 | $106.49 |
| Purchase | Warrants | 840 | $0.07 | $58.80 |
| Purchase | Warrants | 20,000 | $0.0701 | $1K |
| Purchase | Warrants | 100 | $0.07 | $7.00 |
| Purchase | Warrants | 500 | $0.0697 | $34.85 |
| Purchase | Warrants | 25,000 | $0.0629 | $2K |
| Purchase | Warrants | 7,100 | $0.0592 | $420.32 |
| Purchase | Warrants | 3,340 | $0.0897 | $299.60 |
| Purchase | Warrants | 27,000 | $0.10 | $3K |
| Purchase | Warrants | 50,000 | $0.0998 | $5K |
| Purchase | Warrants | 3,673 | $0.0951 | $349.30 |
| Purchase | Warrants | 2,300 | $0.0951 | $218.73 |
| Purchase | Warrants | 2,870 | $0.0951 | $272.94 |
| Purchase | Warrants | 1,717 | $0.0951 | $163.29 |
| Purchase | Warrants | 100 | $0.0815 | $8.15 |
| Purchase | Warrants | 4,000 | $0.1411 | $564.40 |
| Purchase | Warrants | 114 | $0.141 | $16.07 |
Holdings After Transaction:
Warrants — 2,600,004 contracts (Direct)
Key Figures
Total warrants purchased: 407,218 warrants
Post-transaction warrant holdings: 2,600,004 warrants
Purchase price range: $0.0498–$0.1411 per warrant
+3 more
6 metrics
Total warrants purchased
407,218 warrants
Net open-market purchases across 30 transactions in 2024
Post-transaction warrant holdings
2,600,004 warrants
Directly owned by Sergii Diachenko after October 8, 2024 trade
Purchase price range
$0.0498–$0.1411 per warrant
Per-warrant prices for reported open-market purchases
Warrant exercise price
$11.50 per share
Conversion or exercise price into Borealis common stock
Warrant expiration date
February 9, 2029
Common expiration date for all reported warrants
Number of buy transactions
30 transactions
All coded as open-market purchases of warrants
Key Terms
open-market purchase, Warrants, conversion or exercise price, underlying security, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Warrants financial
""security_title": "Warrants""
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
conversion or exercise price financial
""conversion_or_exercise_price": "11.5000""
underlying security financial
""underlying_security_title": "Common Stock""
ten percent owner financial
""is_ten_percent_owner": 1"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Borealis Foods (BRLS) report in this Form 4?
The filing shows ten percent owner Sergii Diachenko made 30 open-market purchases of Borealis Foods warrants in 2024, acquiring a total of 407,218 warrants. These transactions span from March 5 through October 8, 2024.
How many Borealis Foods warrants does Sergii Diachenko hold after these purchases?
After the reported transactions, Sergii Diachenko directly holds 2,600,004 Borealis Foods warrants. This figure reflects his position following the latest purchase on October 8, 2024, as disclosed in the Form 4 filing.
At what prices did the Borealis Foods (BRLS) warrants trade in the insider purchases?
The open-market warrant purchases occurred at prices between $0.0498 and $0.1411 per warrant. Each reported transaction includes a specific purchase price, showing how the warrant trading levels varied over the March to October 2024 period.
What are the terms of the Borealis Foods warrants bought by Sergii Diachenko?
Each purchased warrant is exercisable into one share of common stock at a $11.50 exercise price. The warrants share the same exercise date of March 4, 2024 and a common expiration date of February 9, 2029.
Is Sergii Diachenko considered a major holder of Borealis Foods (BRLS)?
Yes. The Form 4 identifies Sergii Diachenko as a ten percent owner of Borealis Foods Inc. His reported holdings include 2,600,004 warrants, all listed as held with direct ownership after the latest October 2024 transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
