TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Borealis Foods ( (BRLS) ) has provided an announcement.
On August 29, 2025, Borealis Foods Inc. received a notice from Nasdaq indicating non-compliance with the audit committee composition requirement due to the resignation of a board member. The company plans to address this by appointing a new independent director to the audit committee to meet the Nasdaq rules, with a cure period provided until the next annual shareholders’ meeting or February 1, 2026. This notice does not affect the company’s current listing on Nasdaq.
Spark’s Take on BRLS Stock
According to Spark, TipRanks’ AI Analyst, BRLS is a Underperform.
Borealis Foods’ overall stock score is significantly impacted by its weak financial performance, which poses major risks due to declining revenues and operational inefficiencies. Technical analysis reinforces a bearish outlook with negative trends. The valuation is unattractive with a negative P/E ratio and no dividends. These factors collectively underscore the challenges facing BRLS, warranting a cautious approach.
To see Spark’s full report on BRLS stock, click here.
More about Borealis Foods
Average Trading Volume: 49,726
Technical Sentiment Signal: Sell
Current Market Cap: $60.08M
For detailed information about BRLS stock, go to TipRanks’ Stock Analysis page.