NEW YORK – Feb. 13, 2024 – Global law firm Greenberg Traurig, LLP advised Oxus Acquisition Corp. (NASDAQ: OXUS), a publicly traded special purpose acquisition company, on the closing of its previously announced business combination with Borealis Foods Inc., a food tech company partnered with chef and restaurateur Gordon Ramsay that focuses on developing high-quality, nutritious food solutions at affordable prices. The business combination and all other proposals presented were approved at an extraordinary general meeting of Oxus shareholders held Feb. 2.
In connection with the completion of the business combination, the combined company’s common shares and warrants began trading on the Nasdaq under the ticker symbols “BRLS” and “BRLSW,” respectively, Feb. 8. Borealis’ CEO and Co-Founder Reza Soltanzadeh and Chairman and Co-Founder Barthelemy Helg will continue to lead the combined company.
The multioffice Greenberg Traurig team was led by Michael D. Helsel (Shareholder, New York, Corporate), Yuta N. Delarck (Shareholder, New York, Corporate), Divya Seth (Associate, New York, Corporate), and Yoojin Lee (Associate, New York, Corporate).
Other team members included Jason Kislin (Shareholder, New Jersey, Litigation), Stephen M. Pepper (Shareholder, New York, Corporate), Rebecca Tracy Rotem (Practice Group Attorney, Washington, D.C., Corporate), Jason T. Simon (Shareholder, Northern Virginia, Corporate), Yangyang Jia (Associate, Northern Virginia-New York, Corporate), Taylor Park (Associate, New York, Corporate), Mindy B. Leathe (Shareholder, Miami, Tax), David M. Greenberg (Shareholder, New York, Intellectual Property & Technology), Sandy Chiu (Of Counsel, New York, Intellectual Property & Technology), Keshia M. Tiemann (Shareholder, Atlanta, Labor & Employment), Megan Eckel (Associate, Atlanta, Labor & Employment), Robert D. Simon (Shareholder, Northern Virginia, Tax), Frank Cordero (Shareholder, Miami, Tax) and Jack Surminsky (Law Clerk/JD, New York, Corporate).