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Greenberg Traurig Advises Oxus Acquisition Corp. on Closing of Business Combination with Borealis Foods Inc.

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). 

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2750 attorneys in 47 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 6.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: