Borealis Foods Inc. announced that on August 26, 2026, it received a notice from Nasdaq for non-compliance with Listing Rule 5250(c)(1) due to the delayed filing of its quarterly report for the fiscal quarter ended June 30, 2026. The notice has no immediate effect on the listing or trading of its shares or warrants. The company has until October 26, 2026, to submit a compliance plan, and if accepted, Nasdaq may grant an extension until February 16, 2027. The delay stems from a review with auditors regarding the accounting treatment of its previously disclosed Conversion Agreement, which requires shareholder approval. Borealis intends to file the report promptly after completing the review.
Borealis Foods Inc.Received Nasdaq deficiency notice for delayed 10-Q filing, risking delisting if not resolved.
Walmart Inc.