Borealis Foods Received Notice of Noncompliance

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2026.01.16 21:23
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Borealis Foods received a notice from Nasdaq on January 12, 2026, indicating noncompliance with Listing Rule 5620(a) due to not holding an annual meeting within 12 months of the fiscal year-end. The company has until February 26, 2026, to submit a compliance plan and may have until June 29, 2026, to hold the meeting if the plan is accepted. The notice does not immediately affect the Nasdaq listing, and Borealis Foods aims to regain compliance.