Zaure Algaziyeva was appointed Director of Borealis Foods Inc. As of November 6, 2026, Borealis Foods Inc. has reported 2 leadership change filings to the SEC under Item 5.02 of Form 8-K, from April 2, 2026 to May 14, 2026, naming 1 appointment (Form 8-K, May 14, 2026).
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Borealis Foods Inc. reported changes in 2 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-04-02 to 2026-05-14. They name 1 person. Every row below is cited to the filing it comes from, and this page adds each new change as Borealis Foods Inc. files it.
Also on the record for Borealis Foods Inc.
| Date | Record | Figure | Our page | Source |
|---|---|---|---|---|
| July 10, 2026 | Stake report, Schedule 13G/A, by Alta Partners LLC | 7.5% of the class | 5%+ stakes | Source |
| May 29, 2026 | Stake report, Schedule 13D/A, by Oxus Capital PTE. LTD. | 39.09% of the class | 5%+ stakes | Source |
| February 27, 2026 | Stake report, Schedule 13G, by Alta Partners LLC | 6.3% of the class | 5%+ stakes | Source |
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More on Borealis Foods Inc. and the records around it.
Borealis Foods Inc. elsewhere on the record
- 5%+ stake filings Jul 2026
- Who owns it
Companies that share a holder
- Alta Partners LLC also filed stake reports on 26 other companies: Robin Energy Ltd. (Oct 2026), Huachen AI Parking Management Technology Holding Co., Ltd (Oct 2026), C3is Inc. (Oct 2026)
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Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-05-14 | In | Director | 8-K, 2026-05-14 | ||
| 2026-04-02 | Reported | not named in the filing | 8-K, 2026-04-02 |
Who leads Borealis Foods Inc., as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Director: Zaure Algaziyeva, appointed (filed 2026-05-14).
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Find candidates like Director at Borealis Foods Inc.Every change, in the filing's words
Appointed: Zaure Algaziyeva, Director
Also on May 11, 2026, the Board appointed Zaure Algaziyeva and Pavel Mynzhanov to serve as directors of the Company until the next annual meeting of shareholders or until their respective successors are duly elected or appointed.
- - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On May 11, 2026, Mr. Shiv Khemka resigned from the Board of Directors (the "Board") of the Company and from his positions as a member of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of the Board.
- Mr. Khemka's resignation was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies or practices.
- In connection with the appointments described below, the Board also increased the size of the Board from seven to eight directors.
- The Board has determined that Ms. Algaziyeva qualifies as an independent director under the applicable rules of The Nasdaq Stock Market LLC.
- Ms. Algaziyeva was also appointed to serve as a member of each of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee of the Board.
- Mr. Mynzhanov is a Director of Oxus Capital PTE Ltd., the Company's lender and a significant shareholder, and does not qualify as an independent director under the applicable rules of The Nasdaq Stock Market LLC.
Reported
The Forbearance Period will terminate automatically upon the occurrence of a Forbearance Default, which includes among other things, any breach of the Forbearance Agreement, any new Event of Default, the failure to satisfy any milestone and certain other events specified in the Forbearance Agreement.
- below); (ii) by April 9, 2026, the delivery to the Lender of a refinancing plan in form and substance satisfactory to the Lender, sufficient to fully repay all Obligations under the Loan Documents (the "Refinancing Plan"); and (iii) other operational, reporting, and compliance milestones set forth in the Forbearance Agreement.
- Failure to timely satisfy any milestone constitutes an immediate Forbearance Default.
- The Forbearance Agreement prohibits the Loan Parties from making any payments on certain unsecured notes in the aggregate principal amount of approximately $26.7 million (the "Blocked Notes") issued from time to time by certain Loan Parties to certain shareholders and their affiliates.
- The holders of the Blocked Notes include (a) Barthelemy Helg, the Company's Chairman of the Board and co-founder, (b) Z Ventures Inc. and Zagros Alpine Capital, entities controlled by Reza Soltanzadeh, the Company's Chief Executive Officer and co-founder, and (c) Oxus Capital PTE LTD., the Company's former SPAC sponsor and a significant shareholder.
- The issuance of the Blocked Notes is among the Specified Defaults under the Forbearance Agreement.
- In connection with the Forbearance Agreement, the Loan Parties provided the Lender with a general release of all claims arising on or before the effective date of the Forbearance Agreement.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.
