Every Form 4 that Borealis Foods Inc. Warrant (BRLSW) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow BRLSW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BRLSW filings page.
Borealis Foods Inc. director Helg Barthelemy reported an internal share transfer tied to company debt. He had previously pledged 500,000 Class A Common Shares under a Pledge and Escrow Agreement to secure Borealis Foods’ indebtedness to EarlyBirdCapital, Inc. in the principal amount of $1,980,000 under a promissory note. After the company defaulted on this note, those 500,000 shares were transferred to EarlyBirdCapital on January 12, 2026 in partial satisfaction of the debt, a non-market restructuring transaction. Following the transfer, Barthelemy directly holds 2,718,056 Class A Common Shares.
Borealis Foods Inc. director and Chief Executive Officer Reza Soltanzadeh, through entity Zagros Alpine Capital ULC, reported an internal restructuring involving 500,000 Class A Common Shares. These shares had been pledged under a Pledge and Escrow Agreement to secure company indebtedness and were transferred to EarlyBirdCapital, Inc. after the company defaulted on a $1,980,000 promissory note. Following this transfer, Zagros Alpine Capital ULC is shown as indirectly holding 3,032,505 Class A Common Shares, while a separate entity, Z Ventures Inc., is shown as indirectly holding 127,947 Class A Common Shares. Mr. Soltanzadeh and his spouse may be deemed to share beneficial ownership and joint voting and dispositive power over shares held by both entities.
Borealis Foods Inc. insider Oxus Capital PTE. LTD. reported an amended Form 4 reflecting an internal share transfer and an additional reporting person. On October 9, 2024, Oxus Capital transferred 50,000 Class A Common Shares of Borealis Foods to Kanat Mynzhanov for no consideration under an incentive agreement.
Following this transaction, Oxus Capital’s reported direct holdings were 5,302,477 Class A Common Shares. The amendment also adds Kenges Rakishev as a reporting person, reflecting his indirect beneficial ownership as a controlling shareholder of Oxus Capital. He disclaims beneficial ownership except to the extent of his pecuniary interest.
Borealis Foods Inc. insider Oxus Capital PTE. LTD. reported several ownership changes tied to the February 7, 2024 business combination among Oxus Acquisition Corp., Borealis Foods and 1000397116 Ontario Inc. Oxus Capital forfeited 750,000 Class B ordinary shares for no consideration under a Sponsor Support Agreement.
At closing, all remaining Class B ordinary shares of Oxus were automatically converted into an equal number of Class A common shares, and Borealis convertible notes held by Oxus Capital converted into 2,189,977 Class A common shares. Oxus Capital also transferred Class A shares to Kanat Mynzhanov and Askar Mametov under prior incentive agreements.
This amendment adds Kenges Rakishev, a controlling shareholder of Oxus, as an additional reporting person to reflect his indirect beneficial ownership. It does not report new transactions, and Mr. Rakishev disclaims beneficial ownership except to the extent of his pecuniary interest.
Borealis Foods Inc. reported that major shareholder Oxus Capital PTE. LTD. acquired a conversion right tied to existing debt. Under an April 27, 2026 Conversion Agreement, if the company does not complete one or more equity financings raising at least $70,000,000 at $9.00 per share on or before July 1, 2026, approximately $11.1 million of indebtedness owed to Oxus Capital will automatically convert into Borealis common shares.
The conversion price will equal the volume weighted average closing price of Borealis common shares over the 20 trading days before the deadline, so the exact number of shares is not yet known. The conversion right was granted in connection with pre-existing indebtedness, with no separate consideration paid. The Form 4 is filed jointly by Oxus Capital and its controlling shareholder Kenges Rakishev, who may be deemed to beneficially own these securities but disclaims beneficial ownership except to the extent of his pecuniary interest.
Borealis Foods Inc. ten percent owner Sergii Diachenko bought additional derivative exposure through open-market warrant purchases. Across five trades dated March 5, 18, 20 and 23, he acquired a total of 55,336 warrants at prices around $0.058 per warrant.
Each warrant is exercisable for one share of common stock at a conversion price of $11.50 and expires on February 9, 2029. Following these transactions, his directly held warrant position reported in this filing stands at 3,072,471 warrants.
Borealis Foods Inc. ten percent owner Sergii Diachenko reported multiple open-market purchases of warrants linked to the company’s common stock. Across 30 derivative transactions, he bought 417,131 warrants at per-warrant prices such as $0.0579 and $0.1248.
Each warrant is exercisable for one share of common stock at a conversion price of $11.50 and carries an expiration date of February 9, 2029. Following the most recent purchase on March 3, 2026, Diachenko directly holds 3,017,135 warrants.