Borealis Foods Amends Report to Restate Auditor Statement
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Borealis Foods Inc. has amended its Form 8-K to clarify its auditor's statement. The company confirmed that its auditor's reports for 2023 and 2024 did not contain adverse opinions but noted substantial doubt about its ability to continue as a going concern due to significant debt maturing within the next year and a negative cash flow position.
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