BRLS

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 26

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,547,132

Underlying: Common Stock · 15,914 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 25

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,531,218

Underlying: Common Stock · 2,100 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 24

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,529,118

Underlying: Common Stock · 46,350 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 23

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,482,768

Underlying: Common Stock · 2,278 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 22

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,480,490

Underlying: Common Stock · 44,960 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 21

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,435,530

Underlying: Common Stock · 1,940 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 20

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,433,590

Underlying: Common Stock · 54,240 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 19

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,379,350

Underlying: Common Stock · 16,550 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 18

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,362,800

Underlying: Common Stock · 1,360 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 17

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,361,440

Underlying: Common Stock · 20,000 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 16

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,341,440

Underlying: Common Stock · 840 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 15

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,340,600

Underlying: Common Stock · 100 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 14

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,340,500

Underlying: Common Stock · 20,000 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 13

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,320,500

Underlying: Common Stock · 500 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 12

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,320,000

Underlying: Common Stock · 7,100 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 11

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,312,900

Underlying: Common Stock · 25,000 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 10

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,287,900

Underlying: Common Stock · 3,340 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 9

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,284,560

Underlying: Common Stock · 27,000 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 8

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,257,560

Underlying: Common Stock · 3,673 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 7

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,253,887

Underlying: Common Stock · 50,000 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 6

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,203,887

Underlying: Common Stock · 2,870 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 5

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,201,017

Underlying: Common Stock · 2,300 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 4

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,198,717

Underlying: Common Stock · 1,717 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 3

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,197,000

Underlying: Common Stock · 100 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 2

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,196,900

Underlying: Common Stock · 114 shares

Expires 2029-02-09

SEC source: 0001085146-26-000334 · ownership.xml · derivative · entry 1

Diachenko Sergii · CIK 0002127451 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,196,786

Underlying: Common Stock · 4,000 shares

Expires 2029-02-09

SEC source: 0001213900-24-018475 · ownership.xml · nonDerivative · entry 1

OYER STEVEN M · CIK 0001242298 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,000

F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $9.85 to $10.00, inclusive. The reporting person undertakes to provide Borealis Foods Inc., any security holder of Borealis Foods Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the ranges set forth in this Form 4.

SEC source: 0001213900-24-013543 · ownership.xml · nonDerivative · entry 1

OYER STEVEN M · CIK 0001242298 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,000

F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $8.00 to $9.62, inclusive. The reporting person undertakes to provide Borealis Foods Inc., any security holder of Borealis Foods Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each price within the ranges set forth in this Form 4.

SEC source: 0001213900-24-012169 · ownership.xml · nonDerivative · entry 1

Mynzhanov Kanat · CIK 0001881258 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 200,000

F1 · kind: Represents securities transferred to the Reporting Person for no consideration from Oxus Capital PTE. LTD. upon consummation of the business combination by and among Oxus Acquisition Corp., Borealis Foods Inc. and 1000397116 Ontario Inc., pursuant to an incentive agreement between the Reporting Person and Oxus Capital PTE. LTD., dated as of September 22, 2023. The Reporting Person owns a membership interest in Oxus Capital PTE. LTD., which directly owns shares of the Issuer's Class A common shares and, as a result thereof, the Reporting Person also holds an indirect pecuniary interest in certain of the securities held by the Issuer.

F1 · price: Represents securities transferred to the Reporting Person for no consideration from Oxus Capital PTE. LTD. upon consummation of the business combination by and among Oxus Acquisition Corp., Borealis Foods Inc. and 1000397116 Ontario Inc., pursuant to an incentive agreement between the Reporting Person and Oxus Capital PTE. LTD., dated as of September 22, 2023. The Reporting Person owns a membership interest in Oxus Capital PTE. LTD., which directly owns shares of the Issuer's Class A common shares and, as a result thereof, the Reporting Person also holds an indirect pecuniary interest in certain of the securities held by the Issuer.

SEC source: 0001213900-24-012166 · ownership.xml · derivative · entry 6

Oxus Capital PTE. LTD. · CIK 0001881259 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Shares · 1,912,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Upon the Closing, all Class B ordinary shares of Oxus were automatically converted into Class A common shares of the Issuer on a one-for-one basis.

F2 · price: Upon the Closing, all Class B ordinary shares of Oxus were automatically converted into Class A common shares of the Issuer on a one-for-one basis.

F2 · derivative.exercise_date: Upon the Closing, all Class B ordinary shares of Oxus were automatically converted into Class A common shares of the Issuer on a one-for-one basis.

F2 · derivative.expiration_date: Upon the Closing, all Class B ordinary shares of Oxus were automatically converted into Class A common shares of the Issuer on a one-for-one basis.

SEC source: 0001213900-24-012166 · ownership.xml · derivative · entry 5

Oxus Capital PTE. LTD. · CIK 0001881259 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,912,500

Underlying: Class A Common Shares · 750,000 shares

Expires not disclosed

F1 · derivative.exercise_price: In connection with the business combination (the "Business Combination") by and among Oxus Acquisition Corp. ("Oxus"), Borealis Foods Inc. ("Borealis") and 1000397116 Ontario Inc. on February 7, 2024 (the "Closing"), immediately prior to the Closing, the Reporting Person forfeited 750,000 Class B ordinary shares of Oxus for no consideration pursuant the Sponsor Support Agreement, dated February 23, 2023, by and among the Reporting Person, Oxus and Borealis.

F1 · price: In connection with the business combination (the "Business Combination") by and among Oxus Acquisition Corp. ("Oxus"), Borealis Foods Inc. ("Borealis") and 1000397116 Ontario Inc. on February 7, 2024 (the "Closing"), immediately prior to the Closing, the Reporting Person forfeited 750,000 Class B ordinary shares of Oxus for no consideration pursuant the Sponsor Support Agreement, dated February 23, 2023, by and among the Reporting Person, Oxus and Borealis.

F1 · derivative.exercise_date: In connection with the business combination (the "Business Combination") by and among Oxus Acquisition Corp. ("Oxus"), Borealis Foods Inc. ("Borealis") and 1000397116 Ontario Inc. on February 7, 2024 (the "Closing"), immediately prior to the Closing, the Reporting Person forfeited 750,000 Class B ordinary shares of Oxus for no consideration pursuant the Sponsor Support Agreement, dated February 23, 2023, by and among the Reporting Person, Oxus and Borealis.

F1 · derivative.expiration_date: In connection with the business combination (the "Business Combination") by and among Oxus Acquisition Corp. ("Oxus"), Borealis Foods Inc. ("Borealis") and 1000397116 Ontario Inc. on February 7, 2024 (the "Closing"), immediately prior to the Closing, the Reporting Person forfeited 750,000 Class B ordinary shares of Oxus for no consideration pursuant the Sponsor Support Agreement, dated February 23, 2023, by and among the Reporting Person, Oxus and Borealis.

SEC source: 0001213900-24-012166 · ownership.xml · nonDerivative · entry 4

Oxus Capital PTE. LTD. · CIK 0001881259 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,352,477

F5 · kind: Represents securities transferred from the Reporting Person to Askar Mametov upon consummation of the Business Combination, pursuant to an incentive agreement, dated as of September 22, 2023, by and between Askar Mametov and the Reporting Person.

F5 · price: Represents securities transferred from the Reporting Person to Askar Mametov upon consummation of the Business Combination, pursuant to an incentive agreement, dated as of September 22, 2023, by and between Askar Mametov and the Reporting Person.

SEC source: 0001213900-24-012166 · ownership.xml · nonDerivative · entry 3

Oxus Capital PTE. LTD. · CIK 0001881259 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,402,477

F4 · kind: Represents securities transferred from the Reporting Person to Kanat Mynzhanov upon consummation of the Business Combination, pursuant to an incentive agreement, dated as of September 22, 2023, by and between Kanat Mynzhanov and the Reporting Person. Kanat Mynzhanov owns a membership interest in the Reporting Person, which directly owns shares of the Issuer's Class A Common Shares.

F4 · price: Represents securities transferred from the Reporting Person to Kanat Mynzhanov upon consummation of the Business Combination, pursuant to an incentive agreement, dated as of September 22, 2023, by and between Kanat Mynzhanov and the Reporting Person. Kanat Mynzhanov owns a membership interest in the Reporting Person, which directly owns shares of the Issuer's Class A Common Shares.

SEC source: 0001213900-24-012166 · ownership.xml · nonDerivative · entry 2

Oxus Capital PTE. LTD. · CIK 0001881259 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,602,477

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · kind: At the Closing, the convertible notes issued by Borealis to the Reporting Person pursuant to the Note Purchase Agreement between Borealis and the Reporting Person dated as of October 21, 2022 and the Note Purchase Agreement between Borealis and the Reporting Person dated as of November 14, 2022, automatically converted into 2,189,977 Class A common shares of the Issuer.

F3 · price: At the Closing, the convertible notes issued by Borealis to the Reporting Person pursuant to the Note Purchase Agreement between Borealis and the Reporting Person dated as of October 21, 2022 and the Note Purchase Agreement between Borealis and the Reporting Person dated as of November 14, 2022, automatically converted into 2,189,977 Class A common shares of the Issuer.

SEC source: 0001213900-24-012166 · ownership.xml · nonDerivative · entry 1

Oxus Capital PTE. LTD. · CIK 0001881259 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,412,500

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · kind: Upon the Closing, all Class B ordinary shares of Oxus were automatically converted into Class A common shares of the Issuer on a one-for-one basis.

F2 · price: Upon the Closing, all Class B ordinary shares of Oxus were automatically converted into Class A common shares of the Issuer on a one-for-one basis.

SEC source: 0001213900-26-062394 · ownership.xml · derivative · entry 6

Oxus Capital PTE. LTD. · CIK 0001881259 · 10% owner

Rakishev Kenges · CIK 0001548375 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class A Common Shares · 1,912,500 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Upon the Closing, all Class B ordinary shares of Oxus were automatically converted into Class A common shares of the Issuer on a one-for-one basis.

F2 · price: Upon the Closing, all Class B ordinary shares of Oxus were automatically converted into Class A common shares of the Issuer on a one-for-one basis.

F2 · derivative.exercise_date: Upon the Closing, all Class B ordinary shares of Oxus were automatically converted into Class A common shares of the Issuer on a one-for-one basis.

F2 · derivative.expiration_date: Upon the Closing, all Class B ordinary shares of Oxus were automatically converted into Class A common shares of the Issuer on a one-for-one basis.

F6 · ownership.direct: This amendment is being filed to add Kenges Rakishev, who is a controlling shareholder of Oxus, as a reporting person and to reflect his indirect beneficial ownership of the securities previously reported herein. This amendment does not report any new transaction or otherwise modify the transactions previously reported, except to reflect Mr. Rakishev as an additional reporting person. Mr. Rakishev disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.

SEC source: 0001213900-26-062394 · ownership.xml · derivative · entry 5

Oxus Capital PTE. LTD. · CIK 0001881259 · 10% owner

Rakishev Kenges · CIK 0001548375 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,912,500

Underlying: Class A Common Shares · 750,000 shares

Expires not disclosed

F1 · derivative.exercise_price: In connection with the business combination (the "Business Combination") by and among Oxus Acquisition Corp. ("Oxus"), Borealis Foods Inc. ("Borealis") and 1000397116 Ontario Inc. on February 7, 2024 (the "Closing"), immediately prior to the Closing, Oxus Capital PTE. LTD. ("Oxus Capital") forfeited 750,000 Class B ordinary shares of Oxus for no consideration pursuant the Sponsor Support Agreement, dated February 23, 2023, by and among Oxus Capital, Oxus and Borealis.

F1 · price: In connection with the business combination (the "Business Combination") by and among Oxus Acquisition Corp. ("Oxus"), Borealis Foods Inc. ("Borealis") and 1000397116 Ontario Inc. on February 7, 2024 (the "Closing"), immediately prior to the Closing, Oxus Capital PTE. LTD. ("Oxus Capital") forfeited 750,000 Class B ordinary shares of Oxus for no consideration pursuant the Sponsor Support Agreement, dated February 23, 2023, by and among Oxus Capital, Oxus and Borealis.

F1 · derivative.exercise_date: In connection with the business combination (the "Business Combination") by and among Oxus Acquisition Corp. ("Oxus"), Borealis Foods Inc. ("Borealis") and 1000397116 Ontario Inc. on February 7, 2024 (the "Closing"), immediately prior to the Closing, Oxus Capital PTE. LTD. ("Oxus Capital") forfeited 750,000 Class B ordinary shares of Oxus for no consideration pursuant the Sponsor Support Agreement, dated February 23, 2023, by and among Oxus Capital, Oxus and Borealis.

F1 · derivative.expiration_date: In connection with the business combination (the "Business Combination") by and among Oxus Acquisition Corp. ("Oxus"), Borealis Foods Inc. ("Borealis") and 1000397116 Ontario Inc. on February 7, 2024 (the "Closing"), immediately prior to the Closing, Oxus Capital PTE. LTD. ("Oxus Capital") forfeited 750,000 Class B ordinary shares of Oxus for no consideration pursuant the Sponsor Support Agreement, dated February 23, 2023, by and among Oxus Capital, Oxus and Borealis.

F6 · ownership.direct: This amendment is being filed to add Kenges Rakishev, who is a controlling shareholder of Oxus, as a reporting person and to reflect his indirect beneficial ownership of the securities previously reported herein. This amendment does not report any new transaction or otherwise modify the transactions previously reported, except to reflect Mr. Rakishev as an additional reporting person. Mr. Rakishev disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.

SEC source: 0001213900-26-062394 · ownership.xml · nonDerivative · entry 4

Oxus Capital PTE. LTD. · CIK 0001881259 · 10% owner

Rakishev Kenges · CIK 0001548375 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,352,477

F5 · kind: Represents securities transferred from Oxus Capital to Askar Mametov upon consummation of the Business Combination, pursuant to an incentive agreement, dated as of September 22, 2023, by and between Askar Mametov and Oxus Capital.

F5 · price: Represents securities transferred from Oxus Capital to Askar Mametov upon consummation of the Business Combination, pursuant to an incentive agreement, dated as of September 22, 2023, by and between Askar Mametov and Oxus Capital.

F6 · ownership.direct: This amendment is being filed to add Kenges Rakishev, who is a controlling shareholder of Oxus, as a reporting person and to reflect his indirect beneficial ownership of the securities previously reported herein. This amendment does not report any new transaction or otherwise modify the transactions previously reported, except to reflect Mr. Rakishev as an additional reporting person. Mr. Rakishev disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.

SEC source: 0001213900-26-062394 · ownership.xml · nonDerivative · entry 3

Oxus Capital PTE. LTD. · CIK 0001881259 · 10% owner

Rakishev Kenges · CIK 0001548375 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,402,477

F4 · kind: Represents securities transferred from Oxus Capital to Kanat Mynzhanov upon consummation of the Business Combination, pursuant to an incentive agreement, dated as of September 22, 2023, by and between Kanat Mynzhanov and Oxus Capital. Kanat Mynzhanov owns a membership interest in Oxus Capital, which directly owns shares of the Issuer's Class A Common Shares.

F4 · price: Represents securities transferred from Oxus Capital to Kanat Mynzhanov upon consummation of the Business Combination, pursuant to an incentive agreement, dated as of September 22, 2023, by and between Kanat Mynzhanov and Oxus Capital. Kanat Mynzhanov owns a membership interest in Oxus Capital, which directly owns shares of the Issuer's Class A Common Shares.

F6 · ownership.direct: This amendment is being filed to add Kenges Rakishev, who is a controlling shareholder of Oxus, as a reporting person and to reflect his indirect beneficial ownership of the securities previously reported herein. This amendment does not report any new transaction or otherwise modify the transactions previously reported, except to reflect Mr. Rakishev as an additional reporting person. Mr. Rakishev disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.

SEC source: 0001213900-26-062394 · ownership.xml · nonDerivative · entry 2

Oxus Capital PTE. LTD. · CIK 0001881259 · 10% owner

Rakishev Kenges · CIK 0001548375 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 5,602,477

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F3 · kind: At the Closing, the convertible notes issued by Borealis to Oxus Capital pursuant to the Note Purchase Agreement between Borealis and Oxus Capital dated as of October 21, 2022 and the Note Purchase Agreement between Borealis and Oxus Capital dated as of November 14, 2022, automatically converted into 2,189,977 Class A common shares of the Issuer.

F3 · price: At the Closing, the convertible notes issued by Borealis to Oxus Capital pursuant to the Note Purchase Agreement between Borealis and Oxus Capital dated as of October 21, 2022 and the Note Purchase Agreement between Borealis and Oxus Capital dated as of November 14, 2022, automatically converted into 2,189,977 Class A common shares of the Issuer.

F6 · ownership.direct: This amendment is being filed to add Kenges Rakishev, who is a controlling shareholder of Oxus, as a reporting person and to reflect his indirect beneficial ownership of the securities previously reported herein. This amendment does not report any new transaction or otherwise modify the transactions previously reported, except to reflect Mr. Rakishev as an additional reporting person. Mr. Rakishev disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.

SEC source: 0001213900-26-062394 · ownership.xml · nonDerivative · entry 1

Oxus Capital PTE. LTD. · CIK 0001881259 · 10% owner

Rakishev Kenges · CIK 0001548375 · 10% owner

Joint disclosure: these amounts are not allocated separately to each reporting owner.

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,412,500

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · kind: Upon the Closing, all Class B ordinary shares of Oxus were automatically converted into Class A common shares of the Issuer on a one-for-one basis.

F2 · price: Upon the Closing, all Class B ordinary shares of Oxus were automatically converted into Class A common shares of the Issuer on a one-for-one basis.

F6 · ownership.direct: This amendment is being filed to add Kenges Rakishev, who is a controlling shareholder of Oxus, as a reporting person and to reflect his indirect beneficial ownership of the securities previously reported herein. This amendment does not report any new transaction or otherwise modify the transactions previously reported, except to reflect Mr. Rakishev as an additional reporting person. Mr. Rakishev disclaims beneficial ownership of the securities reported herein except to the extent of his pecuniary interest therein.

SEC source: 0001493152-23-012229 · ownership.xml · nonDerivative · entry 1

BOOTHBAY FUND MANAGEMENT, LLC · CIK 0001549230 · 10% owner

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 235,331

F1 · date: Oxus Acquisition Corp.'s (the "Issuer") Form 8-K filed with the SEC on April 12, 2023 reported that the Issuer's sponsor exercised its right to convert 1,500,000 Class B ordinary shares into 1,500,000 Class A ordinary shares on April 5, 2023. Following the conversion there were 3,749,468 Class A ordinary shares of the Issuer issued and outstanding.

F1 · kind: Oxus Acquisition Corp.'s (the "Issuer") Form 8-K filed with the SEC on April 12, 2023 reported that the Issuer's sponsor exercised its right to convert 1,500,000 Class B ordinary shares into 1,500,000 Class A ordinary shares on April 5, 2023. Following the conversion there were 3,749,468 Class A ordinary shares of the Issuer issued and outstanding.

F1 · acquired: Oxus Acquisition Corp.'s (the "Issuer") Form 8-K filed with the SEC on April 12, 2023 reported that the Issuer's sponsor exercised its right to convert 1,500,000 Class B ordinary shares into 1,500,000 Class A ordinary shares on April 5, 2023. Following the conversion there were 3,749,468 Class A ordinary shares of the Issuer issued and outstanding.

F2 · balance_after: The Class A ordinary shares are held by one or more private funds (the "Funds"), which are managed by Boothbay Fund Management, LLC, a Delaware limited liability company (the "Adviser"). Ari Glass is the Managing Member of the Adviser. Certain subadvisors ("Subadvisors") have been delegated the authority to act on behalf of the Funds, including the exclusive authority to vote and/or direct the disposition of certain Shares held by the Fund, and such Shares may be reported in regulatory filings made by such Subadvisors. As of April 12, 2023, the Funds hold an aggregate of 235,331 Class A ordinary shares. This report is being made to the extent that, for the purposes of Reg. Section 240.13d-3, the reporting person herein are deemed to beneficially own an aggregate of 235,331 Shares, or 6.27% of the 3,749,468 Class A ordinary Shares that were issued and outstanding as of April 12, 2023, as disclosed in the Issuer's Form 8-K, as filed with the SEC on April 12, 2023.

F2 · ownership.nature: The Class A ordinary shares are held by one or more private funds (the "Funds"), which are managed by Boothbay Fund Management, LLC, a Delaware limited liability company (the "Adviser"). Ari Glass is the Managing Member of the Adviser. Certain subadvisors ("Subadvisors") have been delegated the authority to act on behalf of the Funds, including the exclusive authority to vote and/or direct the disposition of certain Shares held by the Fund, and such Shares may be reported in regulatory filings made by such Subadvisors. As of April 12, 2023, the Funds hold an aggregate of 235,331 Class A ordinary shares. This report is being made to the extent that, for the purposes of Reg. Section 240.13d-3, the reporting person herein are deemed to beneficially own an aggregate of 235,331 Shares, or 6.27% of the 3,749,468 Class A ordinary Shares that were issued and outstanding as of April 12, 2023, as disclosed in the Issuer's Form 8-K, as filed with the SEC on April 12, 2023.

F3 · ownership.nature: This report shall not be deemed an admission that the Adviser, the Funds or any other person is the beneficial owner of the securities reported herein for purposes of Section 13 of the Securities Exchange Act of 1934, as amended, or for any other purpose. The reporting person herein, the Funds, and Ari Glass disclaims beneficial ownership of the Class A ordinary shares reported herein except to the extent of the reporting person's pecuniary interest therein.