Regina, Saskatchewan--(Newsfile Corp. - April 28, 2025) - Above Food Ingredients Inc. (NASDAQ:ABVE) ("Above Food" and the "Company") today released its financial results for the six-month period ended July 31, 2024, thereby bringing it back into compliance with Listing Rule 5250(c)(2) of the Nasdaq regulatory listing requirements. The Company notes that the six-month financial results filed today with the SEC primarily reflect operations of businesses that have since been discontinued and are not representative of the Company's business model moving forward. Revenue for the six months ended July 31, 2024 was US$65.2 million (CAD$90.0 million), with a net loss of US$25.9 million (CAD $35.8 m
Regina, Saskatchewan--(Newsfile Corp. - April 25, 2025) - Above Food Ingredients Inc. (NASDAQ:ABVE) ("Above Food" and the "Company") today announced that it will be filing its interim balance sheet and income statement for the period ended July 31, 2024, prior to market opening on Monday, April 28, 2025, thereby bringing it back into compliance with Listing Rule 5250(c)(2) of the Nasdaq regulatory listing requirements prior to the hearing scheduled for May 22, 2025. In accordance with U.S. GAAP, the Company's results for the period ended July 31, 2024, include the discontinued operations that were disposed of in March 2025 as part of Above Food's strategic pivot towards the Agri-Tech and Fin
Regina, Saskatchewan--(Newsfile Corp. - March 26, 2025) - Above Food Ingredients Inc. (NASDAQ:ABVE) ("Above Food" or the "Company"), a leader in sustainable, vertically integrated food systems, today announced that it received a staff determination notice on February 25, 2025, from the Listing Qualifications Staff of The Nasdaq Stock Market LLC notifying the Company that due to its delay in filing its form 6-K for the period ended July 31, 2024, the Company was not in compliance with Nasdaq Listing Rule 5250(c)(2), which requires that the Company submit on a Form 6-K an interim balance sheet and income statement as of the end of its second quarter, no later than six months following the end
Regina, Saskatchewan--(Newsfile Corp. - March 25, 2025) - Above Food Ingredients Inc. (NASDAQ:ABVE) ("the Company") has announced the successful signing of a $9 million private placement of convertible notes with institutional investors. Of this amount, $7 million is expected to fund on or about March 27, 2025, subject to customary closing conditions, and the funding of the remaining $2 million, from Origin Capital, backed by Broadline Capital together with two of the United State's most prestigious and renowned technology research universities, will be subject to the Company's entering into definitive documents for a reverse merger transaction with Palm Global Technologies Ltd. ("Palm Globa
Regina, Saskatchewan--(Newsfile Corp. - March 20, 2025) - Above Food Ingredients Inc. (NASDAQ:ABVE) ("the Company") announces today that as part of its strategic pivot towards the Agri-Tech and Fin-Tech sectors it has consented to the application filed by the Royal Bank of Canada to wind up the Company's Purely Canada Food Corp. subsidiaries ("PCFC"), which was filed on March 3, 2025 at the Court of King's Bench in Saskatchewan. Consequently, the Court on March 19, 2025, ordered that PCFC be placed into receivership.Since the summer of 2024, the Company has targeted new areas within the agricultural sector to significantly enhance its margins. The acquisition of Montana-based Stricks Ag in A
Acquisition expands Above Food's pet food business to approximately US$110M of combined company revenues on a proforma basis Strengthens customer base, further bolstering Above Food's current roster of global leading pet food manufacturing customers Positions Above Food to capitalize on the US$26 billion global plant-based pet food market, projected to grow at a 9% compound annual growth rate ("CAGR") through 2032 REGINA, Saskatchewan, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Above Food Ingredients Inc. (NASDAQ:ABVE, ABVEW))) ("Above Food" or the "Company"), an innovative food company leveraging its vertically integrated supply chain to deliver differentiated ingredients and consumer pro
REGINA, Saskatchewan, Aug. 20, 2024 (GLOBE NEWSWIRE) -- Above Food Ingredients Inc. (NASDAQ:ABVE, ABVEW))) ("Above Food" or the "Company"), an innovative food company leveraging its vertically integrated supply chain to deliver differentiated ingredients and consumer products, is pleased to announce that its subsidiary, Discovery Seed Labs, a company with unmatched expertise in seed testing, in collaboration with BASF Canada Inc. ("BASF"), has successfully developed a quantitative molecular assay to detect Group 11 resistance in anthracnose disease affecting lentil crops. This innovative test comes at a crucial time for lentil growers, particularly in Saskatchewan, where recent research b
Acquisition creates substantial commercial synergies with Above Food's Saskatoon-based Ingredient Center, providing for additional opportunities to improve utilization and expand marginsExpands asset base with two additional ingredient processing and storage facilities in MontanaStrengthens Above Food's position in high-growth markets such as the US$26 billion plant-based pet food market, which accounted for approximately 40% (US$65M) of the acquired assets' fiscal 2023 revenueEnhances leadership in the US$15 billion global chickpea market, capitalizing on growing demand for plant-based proteins, to include that of the pet food market REGINA, Saskatchewan, Aug. 15, 2024 (GLOBE NEWSWIRE) -
REGINA, Saskatchewan, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Above Food Ingredients Inc. (NASDAQ:ABVE, ABVE.W))) ("Above Food" or the "Company"), an innovative food company leveraging its vertically integrated supply chain to deliver differentiated ingredients and consumer products, is pleased to announce it will be participating in the 44th Annual Canaccord Genuity Growth Conference taking place at the InterContinental Hotel in Boston, Massachusetts on August 13th and August 14th, 2024. During the conference, management will discuss details related to its recent strategic acquisition of The Redwood Group, LLC's Specialty Crop Foods Ingredients Division. This accretive transaction of a scaled
Accretive transaction of a scaled and profitable operator that generated US$164 million of unaudited revenue in FY 2023.The Redwood Group, LLC is a leading supplier of pulses, pulse ingredients, and specialty crops to high-growth customer segments in both the human and pet food markets.Acquisition expands Above Food's physical footprint internationally, adding its first United States-based sourcing, manufacturing and distribution facilities, augmenting its capabilities across its entire ‘Seed-to-Fork' value chain. REGINA, Saskatchewan and MISSION, Kan. and CHESTER, Mont., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Above Food Ingredients Inc. (NASDAQ:ABVE, ABVE.W))) ("Above Food" or the "Company"),
Accretive transaction of a scaled and profitable operator that generated US$164 million of unaudited revenue in FY 2023.The Redwood Group, LLC is a leading supplier of pulses, pulse ingredients, and specialty crops to high-growth customer segments in both the human and pet food markets.Acquisition expands Above Food's physical footprint internationally, adding its first United States-based sourcing, manufacturing and distribution facilities, augmenting its capabilities across its entire ‘Seed-to-Fork' value chain. REGINA, Saskatchewan and MISSION, Kan. and CHESTER, Mont., Aug. 09, 2024 (GLOBE NEWSWIRE) -- Above Food Ingredients Inc. (NASDAQ:ABVE, ABVE.W))) ("Above Food" or the "Company"),
6-K - Above Food Ingredients Inc. (0001979484) (Filer)
D - Above Food Ingredients Inc. (0001979484) (Filer)
6-K - Above Food Ingredients Inc. (0001979484) (Filer)
6-K - Above Food Ingredients Inc. (0001979484) (Filer)
6-K - Above Food Ingredients Inc. (0001979484) (Filer)
6-K - Above Food Ingredients Inc. (0001979484) (Filer)
6-K - Above Food Ingredients Inc. (0001979484) (Filer)
6-K - Above Food Ingredients Inc. (0001979484) (Filer)
6-K - Above Food Ingredients Inc. (0001979484) (Filer)
6-K - Above Food Ingredients Inc. (0001979484) (Filer)
Combination of strategic transactions expected to provide approximately US$16.7 million of incremental capital to fund future growth and to improve net leverage Management will host a conference call and webcast today at 4:30 p.m. ET REGINA, Saskatchewan, July 25, 2024 (GLOBE NEWSWIRE) -- Above Food Ingredients Inc. (NASDAQ:ABVE, ABVE.W))) ("Above Food" or the "Company"), an innovative food company leveraging its vertically integrated supply chain to deliver differentiated ingredients and consumer products, today announced a business update following its recently completed business combination transaction and Nasdaq listing. Management Commentary "At Abo
REGINA, Saskatchewan, July 19, 2024 (GLOBE NEWSWIRE) -- Above Food Corp. ("Above Food" or the "Company") (NASDAQ:ABVE, ABVE.W))), an innovative food company leveraging its vertically integrated supply chain to deliver differentiated ingredients and consumer products, today announced it will hold a conference call to discuss business updates on Thursday, July 25, 2024 at 4:30 p.m. ET. Speaking on the call will be Lionel Kambeitz, Co-Founder, CEO and Executive Chairman, Jason Zhao, CFO, and Martin Williams, Co-Founder and Vice President. Investors interested in participating in the live call can dial (877) 407-9208 from the U.S. International callers can dial (201) 493-6784. A telephone rep