Borealis Foods Inc.

Borealis Foods has launched its Chef Woo High-Protein Noodles at Costco, generating strong early member demand. Each serving provides 20 grams of complete protein with all nine essential amino acids. Founder and CEO Reza Soltanzadeh said the company intends to expand its reach nationally to meet consumer demand, noting that recent retailer demand forecasts are encouraging. The launch comes as industry research indicates that increased use of GLP-1 medications for weight loss has led consumers to place greater emphasis on protein-rich, nutrient-dense foods.

Borealis Foods CEO Reza Soltanzadeh highlighted the company's manufacturing partnerships with leading global food companies as it rolls out new products in the U.S. and Canada. Soltanzadeh said demand for its protein-rich products remains healthy and that the partnerships will help maximize utilization of its production capacity. For the first quarter ended March 31, 2026, Borealis reported net revenue growth of 8.0% year-over-year, a 29.3% improvement in loss from operations, and a 91% improvement in net cash used in operating activities. The company also refinanced its primary secured debt, extending the maturity to April 2031. Borealis received a Nasdaq notice regarding the minimum Market Value of Listed Securities requirement but has until December 29, 2026, to regain compliance.