{
 "as_of": "2026-11-08",
 "cmr": "us-cm-kg/NASDAQ/BRLS",
 "fence": "The page is the record's research on the issuer — no analyst, no rating, no view.",
 "markdown": "The page is the record's research on the issuer — no analyst, no rating, no view.\n\n# Borealis Foods Inc. (NASDAQ: BRLS) — research page\n\nAs of 2026-11-08 · us-cm-kg · record version 1\n\n## Identity and listing\n\nThe issuer is Borealis Foods Inc., listed on NASDAQ under the ticker BRLS, with ISIN US09973D1054. The LEI is not on the record: no GLEIF record with the exact legal name in jurisdiction US-E9 is held. The security type is Corporate, the sector is 2000 Food and Kindred Products, and the jurisdiction is Cayman Islands. The segment is not on the record. The listing status is listed, not halted.\n\n## The disclosure read\n\nThe record holds 47 filings across 35 filing days in the window 2025-11-08 to 2026-11-08. The filings are 12 directors' dealings, 8 corporate news, 7 halt or suspension, 7 regulatory filings, 6 results, 3 director changes, 2 AGM or EGM, and 2 ad hoc. The median gap between filing days is 6.5 days, against a NASDAQ median of 6.0 days across 4359 issuers and a sector median of 7 days across 25 issuers. The latest filing is dated 2026-11-04, four days before the record date, and is a halt or suspension filing. Its latency is 4 days, against a NASDAQ median of 5.0 days and a sector median of 6 days. The NASDAQ median filing count is 52 and the sector median is 54; the issuer's count is 47.\n\n## Auditor\n\nThe auditor of record is Carr, Riggs & Ingram, L.L.C., located in Palm Beach Gardens, FL. The auditor changed on 2026-01-16 and again on 2026-01-20.\n\n## Events and halts\n\nThe record holds no listing, delisting or name change lines. The domicile change is not on the record, because EDGAR states no dated change of state of incorporation on a filing line. The segment move is not on the record, because the exchanges' tier transfers are not EDGAR filings. The halt flag reads listed, not halted.\n\n## Orderability\n\nThe outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.\n\n## Coverage\n\nNo research houses were found on the issuer's investor-relations page as read. The count is 0.\n\n## Open research\n\nNo openly published research notes were found. The count is 0.\n\n## Licensed\n\nLicensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.\n\n## As-of depth\n\nThe issuer's years sealed are 2021, 2022, 2023, 2024, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12. The vintage is sealed.\n\n## Sources\n\n8 source pages are named on this page; every value above carries its own source page and read date in the numbers.\n\n- https://www.sec.gov/files/company_tickers_exchange.json (identity.exchange)\n- https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data (identity.isin)\n- https://data.sec.gov/submissions/CIK0001852973.json (identity.jurisdiction)\n- https://mcp.us-cm-kg.ai/events/NASDAQ/BRLS (the disclosure lines)\n- https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts (the halt flag)\n- https://www.sec.gov/Archives/edgar/data/1852973/000121390026063777/ea0286118-10k_borealis.htm (the auditor)\n- https://mcp.us-cm-kg.ai/book/aio.json (the orderability chapter)\n- https://mcp.us-cm-kg.ai/record/NASDAQ/BRLS (the record)\n",
 "market": "US",
 "node": "us-cm-kg",
 "numbers": {
  "as_of_depth": {
   "issuer_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "live_record_began": "2026-09-12",
   "node_history_from": "2021-01-04",
   "node_years_sealed": [
    "2021",
    "2022",
    "2023",
    "2024",
    "2025",
    "2026"
   ],
   "record_version": 1,
   "sealed": true
  },
  "auditor": {
   "auditor": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1852973/000121390026063777/ea0286118-10k_borealis.htm",
    "state": "sourced",
    "value": "Carr, Riggs & Ingram, L.L.C."
   },
   "auditor_firm_id": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1852973/000121390026063777/ea0286118-10k_borealis.htm",
    "state": "sourced",
    "value": "52"
   },
   "auditor_location": {
    "read_by": "EDGAR 10-K cover page iXBRL tag (dei:AuditorName, dei:AuditorLocation, dei:AuditorFirmId, dei:DocumentPeriodEndDate)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/Archives/edgar/data/1852973/000121390026063777/ea0286118-10k_borealis.htm",
    "state": "sourced",
    "value": "Palm Beach Gardens, FL"
   },
   "changes": [
    {
     "date": "2026-01-16",
     "source": "https://www.sec.gov/Archives/edgar/data/1852973/000121390026005154/ea0273122-8k_borealis.htm",
     "title": "8-K — CURRENT REPORT (items 3.01,4.01,9.01)"
    },
    {
     "date": "2026-01-20",
     "source": "https://www.sec.gov/Archives/edgar/data/1852973/000121390026005661/ea0273402-8ka1_borealis.htm",
     "title": "8-K/A — AMENDMENT NO. 1 TO FORM 8-K (items 4.01,9.01)"
    }
   ]
  },
  "cmr": "us-cm-kg/NASDAQ/BRLS",
  "coverage": {
   "count": 0,
   "houses": [],
   "pages_checked": [],
   "read_by": "Perplexity sonar (search) · page read by this rail",
   "read_date": "2026-11-11",
   "since": null,
   "state": "none_found"
  },
  "disclosure": {
   "against": {
    "exchange": {
     "issuers": 4359,
     "median_cadence_gap_days": 6,
     "median_filings": 52,
     "median_latency_days": 5,
     "name": "NASDAQ"
    },
    "sector": {
     "issuers": 25,
     "median_cadence_gap_days": 7,
     "median_filings": 54,
     "median_latency_days": 6,
     "name": "2000 Food and Kindred Products"
    }
   },
   "by_type": {
    "ad_hoc": 2,
    "agm_egm": 2,
    "corporate_news": 8,
    "director_change": 3,
    "directors_dealings": 12,
    "halt_suspension": 7,
    "regulatory_filing": 7,
    "results": 6
   },
   "cadence_median_gap_days": 6.5,
   "filing_days": 35,
   "filings": 47,
   "latency_days": 4,
   "latest": [
    {
     "category": "8-K",
     "date": "2026-11-04",
     "source": "https://www.sec.gov/Archives/edgar/data/1852973/000121390026115943/ea0310842-8k_borealis.htm",
     "title": "8-K — CURRENT REPORT (items 3.01,5.02,8.01,9.01)",
     "type": "halt_suspension"
    },
    {
     "category": "10-K/A",
     "date": "2026-09-30",
     "source": "https://www.sec.gov/Archives/edgar/data/1852973/000121390026105243/ea0307132-10ka2_borealis.htm",
     "title": "10-K/A — AMENDMENT NO. 2 TO FORM 10-K",
     "type": "results"
    },
    {
     "category": "8-K",
     "date": "2026-09-01",
     "source": "https://www.sec.gov/Archives/edgar/data/1852973/000121390026096216/ea0304273-8k_borealis.htm",
     "title": "8-K — CURRENT REPORT (items 3.01,7.01,9.01)",
     "type": "halt_suspension"
    },
    {
     "category": "8-K",
     "date": "2026-08-26",
     "source": "https://www.sec.gov/Archives/edgar/data/1852973/000121390026093739/ea0303368-8k_borealis.htm",
     "title": "8-K — CURRENT REPORT (items 2.02,7.01,9.01)",
     "type": "results"
    },
    {
     "category": "NT 10-Q",
     "date": "2026-08-14",
     "source": "https://www.sec.gov/Archives/edgar/data/1852973/000121390026090086/ea0302093-nt10q_borealis.htm",
     "title": "NT 10-Q — NOTIFICATION OF LATE FILING",
     "type": "regulatory_filing"
    }
   ],
   "latest_filing_date": "2026-11-04",
   "read": "the node's event lines (list_events_since), as get_filings serves them",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/BRLS",
   "window": {
    "from": "2025-11-08",
    "to": "2026-11-08"
   }
  },
  "identity": {
   "exchange": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "NASDAQ"
   },
   "isin": {
    "read_by": "SEC Fails-to-Deliver data (CUSIP for the symbol) · ISIN = US + CUSIP + ISO 6166 check digit",
    "read_date": "2026-10-14",
    "read_date_basis": "last_seen",
    "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data",
    "state": "sourced",
    "value": "US09973D1054"
   },
   "jurisdiction": {
    "read_by": "EDGAR submissions API (issuer header as filed) (stateOfIncorporation)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001852973.json",
    "state": "sourced",
    "value": "Cayman Islands"
   },
   "lei": {
    "market": "US",
    "reason": "no GLEIF record with the exact legal name in jurisdiction US-E9",
    "state": "not_on_record"
   },
   "name": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001852973.json",
    "state": "sourced",
    "value": "Borealis Foods Inc."
   },
   "sector": {
    "read_by": "EDGAR submissions API (issuer header as filed) (SIC code as assigned by the SEC)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001852973.json",
    "state": "sourced",
    "value": "2000 Food and Kindred Products"
   },
   "security_type": {
    "read_by": "EDGAR submissions API (issuer header as filed)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://data.sec.gov/submissions/CIK0001852973.json",
    "state": "sourced",
    "value": "Corporate"
   },
   "segment": {
    "market": "US",
    "state": "not_on_record"
   },
   "ticker": {
    "read_by": "EDGAR company_tickers_exchange.json (SEC list of exchange-listed filers)",
    "read_date": "2026-11-08",
    "read_date_basis": "the record version as_of",
    "source": "https://www.sec.gov/files/company_tickers_exchange.json",
    "state": "sourced",
    "value": "BRLS"
   },
   "website": {
    "market": "US",
    "state": "not_on_record"
   }
  },
  "licensed": {
   "columns": [
    "licensor",
    "entitlement",
    "title",
    "date",
    "source"
   ],
   "rows": [],
   "rule": "A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded."
  },
  "lifecycle": {
   "delisting": [],
   "domicile_change": {
    "market": "US",
    "reason": "EDGAR states no dated change of state of incorporation on a filing line",
    "state": "not_on_record"
   },
   "listing": [],
   "name_change": [],
   "segment_move": {
    "market": "US",
    "reason": "the exchanges' tier transfers are not EDGAR filings",
    "state": "not_on_record"
   }
  },
  "market": "US",
  "node": "us-cm-kg",
  "numbers_hash": "sha256:6bf4509f6edae575c1f3dcee6a352970dafd9df47fbf6d3212d68917741de7f1",
  "open_research": {
   "read_date": "2026-11-11",
   "rows": [],
   "state": "none_found"
  },
  "orderability": {
   "chapter_as_of": "2026-11-04",
   "client_categories": [],
   "determinable": false,
   "read": {
    "chapter": "https://mcp.us-cm-kg.ai/book/aio.json",
    "door": "https://mcp.us-cm-kg.ai/mcp",
    "tool": "get_orderability"
   },
   "reason": "the chapter's orderability section carries no client_categories: the outcome cannot name its client category",
   "rule_version": "acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1",
   "section": "us.aio.v8"
  },
  "record": {
   "as_of": "2026-11-08",
   "url": "https://mcp.us-cm-kg.ai/record/NASDAQ/BRLS",
   "version": 1
  },
  "schema": "research-numbers v0.1 (USR-01, 2026-11-11)",
  "status": {
   "read_date": "2026-11-08",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts",
   "value": "listed, not halted"
  }
 },
 "numbers_hash": "sha256:6bf4509f6edae575c1f3dcee6a352970dafd9df47fbf6d3212d68917741de7f1",
 "path": "/us/NASDAQ/BRLS",
 "schema": "research-page v0.1 (USR-02, 2026-11-11)",
 "sections": [
  {
   "id": "identity",
   "text": "The issuer is Borealis Foods Inc., listed on NASDAQ under the ticker BRLS, with ISIN US09973D1054. The LEI is not on the record: no GLEIF record with the exact legal name in jurisdiction US-E9 is held. The security type is Corporate, the sector is 2000 Food and Kindred Products, and the jurisdiction is Cayman Islands. The segment is not on the record. The listing status is listed, not halted.",
   "title": "Identity and listing"
  },
  {
   "id": "disclosure",
   "text": "The record holds 47 filings across 35 filing days in the window 2025-11-08 to 2026-11-08. The filings are 12 directors' dealings, 8 corporate news, 7 halt or suspension, 7 regulatory filings, 6 results, 3 director changes, 2 AGM or EGM, and 2 ad hoc. The median gap between filing days is 6.5 days, against a NASDAQ median of 6.0 days across 4359 issuers and a sector median of 7 days across 25 issuers. The latest filing is dated 2026-11-04, four days before the record date, and is a halt or suspension filing. Its latency is 4 days, against a NASDAQ median of 5.0 days and a sector median of 6 days. The NASDAQ median filing count is 52 and the sector median is 54; the issuer's count is 47.",
   "title": "The disclosure read"
  },
  {
   "id": "auditor",
   "text": "The auditor of record is Carr, Riggs & Ingram, L.L.C., located in Palm Beach Gardens, FL. The auditor changed on 2026-01-16 and again on 2026-01-20.",
   "title": "Auditor"
  },
  {
   "id": "events",
   "text": "The record holds no listing, delisting or name change lines. The domicile change is not on the record, because EDGAR states no dated change of state of incorporation on a filing line. The segment move is not on the record, because the exchanges' tier transfers are not EDGAR filings. The halt flag reads listed, not halted.",
   "title": "Events and halts"
  },
  {
   "id": "orderability",
   "text": "The outcome is not determinable. The chapter's orderability section carries no client categories, so the outcome cannot name its client category. The rule version is acm-68000/us/reasonable-basis-suitability-finra-rule-2111/r1, and the chapter is as of 2026-11-04.",
   "title": "Orderability"
  },
  {
   "id": "coverage",
   "text": "No research houses were found on the issuer's investor-relations page as read. The count is 0.",
   "title": "Coverage"
  },
  {
   "id": "open_research",
   "text": "No openly published research notes were found. The count is 0.",
   "title": "Open research"
  },
  {
   "id": "licensed",
   "text": "Licensed research: none loaded. A licensed row is served only to an agent whose firm holds that licence (licensor, entitlement). No licensed row is loaded.",
   "title": "Licensed"
  },
  {
   "id": "depth",
   "text": "The issuer's years sealed are 2021, 2022, 2023, 2024, 2025 and 2026. The market's earliest sealed date is 2021-01-04. The live record began on 2026-09-12. The vintage is sealed.",
   "title": "As-of depth"
  },
  {
   "id": "sources",
   "text": "8 source pages are named on this page; every value above carries its own source page and read date in the numbers.",
   "title": "Sources"
  }
 ],
 "sources": [
  {
   "for": "identity.exchange",
   "source": "https://www.sec.gov/files/company_tickers_exchange.json"
  },
  {
   "for": "identity.isin",
   "source": "https://www.sec.gov/data-research/sec-markets-data/fails-deliver-data"
  },
  {
   "for": "identity.jurisdiction",
   "source": "https://data.sec.gov/submissions/CIK0001852973.json"
  },
  {
   "for": "the disclosure lines",
   "source": "https://mcp.us-cm-kg.ai/events/NASDAQ/BRLS"
  },
  {
   "for": "the halt flag",
   "source": "https://www.nasdaqtrader.com/rss.aspx?feed=tradehalts"
  },
  {
   "for": "the auditor",
   "source": "https://www.sec.gov/Archives/edgar/data/1852973/000121390026063777/ea0286118-10k_borealis.htm"
  },
  {
   "for": "the orderability chapter",
   "source": "https://mcp.us-cm-kg.ai/book/aio.json"
  },
  {
   "for": "the record",
   "source": "https://mcp.us-cm-kg.ai/record/NASDAQ/BRLS"
  }
 ],
 "title": "Borealis Foods Inc. (BRLS) — research page",
 "writer": {
  "by": "Claude through the platform account, Haiku class; one pass; checked against the numbers",
  "engine": "claude-haiku-5-5"
 }
}