Form 4 Filing for Borealis Foods Inc. - Director Transaction

This Form 4 filing details a transaction by Helg Barthelemy, a director of Borealis Foods Inc. On January 12, 2026, Barthelemy transferred 500,000 Class A Common Shares to EarlyBirdCapital, Inc. This transfer was in partial satisfaction of company indebtedness owed to EarlyBirdCapital, Inc., as per a Pledge and Escrow Agreement entered into on December 5, 2025. The shares were pledged to secure a company debt of $1,980,000. Following this transaction, Barthelemy owns 2,718,056 shares.