Borealis Foods Inc.
Close on Oct 19, 2026
- Market cap
- $22.71M
- P/E (TTM)
- –
- Dividend yield
- –
About Borealis Foods
Food and Kindred Products, SIC 2000
Borealis Foods Inc. is a food science and manufacturing company specializing in high-protein, plant-based instant meals. The company develops and produces ramen noodles containing complete plant-based protein with all nine essential amino acids. Its core product lines include Chef Woo, Chef Ramsay, Ramen Express, and Woodles, which provide shelf-stable meal options designed to cater to various dietary preferences, such as vegan, vegetarian, kosher, and halal diets. Borealis Foods sells its products to mainstream consumers, school meal programs, and institutional clients through traditional supermarket retailers, mass merchandisers, club stores, limited assortment grocers, and e-commerce platforms.
The company operates an over 200,000-square-foot production and distribution facility in Saluda, South Carolina, through its wholly-owned subsidiary Palmetto Gourmet Foods. Its food products reach approximately 30,000 points of distribution primarily across the United States, Canada, Mexico, and Latin America. Borealis Foods maintains its principal executive offices in Oakville, Ontario, Canada.
Summary of the business section of Borealis Foods's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Borealis Foods Inc.
- Founded
- 2019
- Headquarters
- Oakville, A6
- Address
- 1540 Cornwall Rd. #104 L6J 7W5
- Phone
- 1 905-278-2200
- Employees
- 140, Dec 31, 2025
- Industry
- Food and Kindred Products
- Incorporated in
- E9
- Fiscal year ends
- December 31
- Auditor
- Carr, Riggs & Ingram, L.L.C., Palm Beach Gardens, FL
Stock & identifiers
- Ticker
- BRLS
- Other tickers
- BRLSW
- Exchange
- Nasdaq
- IPO date
- Sep 7, 2021
- Shares outstanding
- 21M, Sep 30, 2026
- Public float
- $31.12M, May 28, 2026
- Filer category
- Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company
- SEC CIK
- 1852973
- CUSIP
- 09973D105
- ISIN
- US09973D1054
- EIN
- 00-0000000
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Reza Soltanzadeh | Chief Executive Officer, Director | 3,160,452 |
| Pavel Mynzhanov | Director | 930 |
| Zaure Algaziyeva | Director | – |
| Barthelemy Helg | Director | 2,718,056 |
| Amin Ajami | Director | 110,169 |
| Ertharin Cousin | Director | 20,000 |
| Steven M. Oyer | Director | 22,000 |
| Shiv Vikram Khemka | Director | 70,000 |
| Kanat Mynzhanov | Director | 260,000 |
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 140 full-time employees, including 117 in manufacturing operations (including 36 agency employees), one in research and development, nine in sales and marketing, two in human resources, five in finance, two in legal and four in administration.”
Corporate history
Events identified from SEC filings