Borealis Foods Announces $17.0 Million Refinancing Transaction with Oxus Capital to Repay Frontwell Facility and Support OperationsTORONTO, April 28, 2026 (GLOBE NEWSWIRE) -- Borealis Foods Inc. (Nasdaq: BRLS) (“Borealis” or the “Company”), a food science company focused on nutritious, convenient food solutions, today announced that its subsidiaries entered into a $17.0 million term loan facility with Oxus Capital PTE Ltd. (“Oxus”), a significant shareholder of the Company, to repay in full the Company’s existing obligations to Frontwell Capital Partners Inc. (“Frontwell”), improve near-term financial flexibility, and support operations.
Borealis Foods, a Rapidly Growing, Mission-Driven Food Tech Company, to Ring Nasdaq Closing Bell
Borealis Foods Inc. ("Borealis" or the "Company"), (Nasdaq: BRLS) a food tech company focused on developing high-quality, nutritious food solutions at affordable prices, today announced that CEO Reza Soltanzadeh, joined by co-founder Barthelemy Helg and other members of senior management and the Board of Directors, will ring the closing bell of the Nasdaq Stock Market today in celebration of the recent listing of BRLS shares on the Nasdaq exchange.
