Borealis Foods Inc. has 3 Schedule 13D or 13G filings on record since 2026-02-27. 2 holders' latest filing reports 5% or more of class a ordinary shares, $0.0001 par value. Each figure below is the holder's own, as filed, with the filing linked.
Holders
| Holder | Percent | Shares | Latest | Event date |
|---|---|---|---|---|
| Oxus Capital PTE. LTD. | 39.09% | 13,772,119 | SCHEDULE 13D/A, 2026-05-29 | 2026-04-27 |
| Alta Partners LLC | 7.5% | 1,743,558 | SCHEDULE 13G/A, 2026-07-10 | 2026-06-30 |
Purpose of Transaction (Item 4)
Oxus Capital PTE. LTD.
Item 4 of the Original Schedule 13D is hereby amended and supplemented as follows: Credit Agreement On April 27, 2026, Oxus Capital entered into the Credit Agreement with the Borrowers and the Guarantors. The Credit Agreement provides for a credit facility in the aggregate principal amount of up to $17 million and is intended to provide working capital support to the Borrowers. The Credit Agreement contains customary covenants and events of default. Conversion Agreement On April 27, 2026, Oxus Capital, together with Z Ventures and Zargos (together with Oxus Capital, the "Shareholders"), entered into the Conversion Agreement with the Company and the Guarantors. Pursuant to the Conversion Agreement, on or before July 1, 2026 (the "Equity Raise Deadline"), if the Company has not consummated one or more equity financings resulting in gross proceeds of at least $70,000,000 at a per share price of $9.00 per share (the "Required Equity Financing"), then, automatically and without further action by the parties, the entire amount of the Indebtedness owed to each Shareholder will convert into shares of the Company (the "Automatic Conversion"). The obligations arising under the Credit Agreement are expressly excluded from the Indebtedness subject to the Automatic Conversion. The conversion price is equal to Fair Market Value (as defined in the Conversion Agreement). The exact number of Common Shares issuable upon the Automatic Conversion cannot be determined as of the date of this …The first part of Item 4 of the SCHEDULE 13D/A filed 2026-05-29; the filing has the rest
Timeline
| Filed | Holder | Percent | Filing |
|---|---|---|---|
| 2026-02-27 | Alta Partners LLC | 6.3% | SCHEDULE 13G |
| 2026-05-29 | Oxus Capital PTE. LTD. | 39.09% | SCHEDULE 13D/A |
| 2026-07-10 | Alta Partners LLC | 7.5% | SCHEDULE 13G/A |
Tools for this story
Each opens in a new tab, filled in for Borealis Foods Inc.. With no account yet, you sign up free and land on the result.
Where this comes from
Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.
Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.