Sergii Diachenko's Acquisition of Borealis Foods Warrants Exceeding 10% Ownership

This Form 4 filing discloses that Sergii Diachenko has acquired a significant position in Borealis Foods Inc. warrants, making him a beneficial owner of more than 10% of the outstanding class of warrants. Between March 5-23, 2026, Diachenko purchased 55,336 warrants at prices ranging from $0.0579 to $0.058 per warrant, bringing his total holdings to 3,072,471 warrants. These warrants are exercisable into common stock at $11.50 per share and expire on February 9, 2029. The filing indicates Diachenko is a 10% owner but not a director or officer of the company. In his remarks, Diachenko states he intends to closely monitor the company's restructuring process and evaluate all options regarding his investment, suggesting active engagement with his substantial warrant position.