Borealis Foods IncNASDAQ BRLS Stock Report

Borealis Foods, Inc. is a food technology company with a mission to address global food security challenges through its research and development of tasty nutritious and functional food products that are both affordable and sustainable. The company is headquartered in Oakville, Ontario and currently employs 176 full-time employees. The company went IPO on 2021-10-06. Through its wholly owned subsidiary, Palmetto Gourmet Foods (PGF), the Company has created meals that are organic, vegan, vegetarian, Halal, Kosher, plant-based, egg free and dairy free, non-GMO, free of added monosodium glutamate (MSG) and tert-butylhydroquinone (TBHQ) free. Its initial product line is ramen noodles. Its subsidiary, PGF, uses the Company's technology to make Chef Woo ramen, a plant-based ramen meal on the market. In addition to Chef Woo, PGF also produces a range of other plant-based ramen products, including Ramen Express, its lower-cost premium ramen. Its products are available across several channels of mass merchandiser, club stores, and others. The firm's products are available at approximately 20,000 points of distribution primarily in the United States, Canada, Mexico, and Europe.