Above Food Ingredients Inc. (NASDAQ:ABVE) is one of the best performing micro cap stocks in 2025. On December 12, Above Food Ingredients Inc. (NASDAQ:ABVE) raised its profit guidance for FY2026 to over $40 million from the prior $30 million. The company cited improved operations from restructuring that positions it for sustainable growth. Management also used this opportunity to update on its delayed FY2025 audit. Above Food Ingredients (ABVE) Raises FY2026 Profit Outlook Above $40M Copyright: nicoletaio ...

Regina, Saskatchewan--(Newsfile Corp. - January 7, 2026) - Above Food Ingredients Inc. (NASDAQ: ABVE) ("Above Food" or the "Company") is pleased to confirm that it expects to report its audited financial results for the fiscal year ended January 31, 2025 before the end of January 2026, thereby satisfying all applicable Nasdaq reporting requirements and paving the way for the next phase of the Company's transformative merger with Palm Global. This timing follows the Company's update of December 12, 2025 and ...

Core Viewpoint - Pomerantz LLP is investigating claims on behalf of investors of Above Foods Ingredients Inc. regarding potential securities fraud or unlawful business practices by the company and its officers or directors [1]. Group 1: Company Developments - On December 2, 2025, Above Food disclosed that its auditor had resigned in July at the company's request [3]. - Following the auditor's resignation announcement, Above Food's stock price fell by $0.23 per share, or 7.67%, closing at $1.69 per share on December 19, 2025 [3]. Group 2: Legal Context - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of fighting for victims of securities fraud and corporate misconduct [4].

LOS ANGELES, Dec. 23, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Above Food Ingredients, Inc., (“Above Food" or the "Company") (NASDAQ: ABVE) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.  Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or join the case via https://portnoylaw.com/above-food-ingredients-in ...

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Above Food Ingredients Inc. ("Above Food†or the "Company†) (NASDAQ: ABVE) investors concerning the Company's possible violations of the federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON ABOVE FOOD INGREDIENTS INC. (ABVE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS. Wha. ...

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Above Food Ingredients Inc. ("Above Food†or the "Company†) (NASDAQ: ABVE) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON ABOVE FOOD INGREDIENTS INC. (ABVE), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On December 2, 2025, Above Food disclosed that. ...

Core Insights - Above Food Ingredients Inc. is progressing well with its audit for the fiscal year ending January 31, 2025, despite some delays due to illness-related challenges within the audit team [1][2] - The company has raised its profit guidance for fiscal 2026 to over $40 million, up from a previous expectation of $30 million, indicating strong financial performance [3] Audit Progress - The audit is expected to be completed shortly after the new year, with the company applying for a 180-day extension from Nasdaq due to the delays [2] - The strong working relationship with auditors has been emphasized, highlighting their sector expertise [1] Financial Performance - Above Food anticipates a significant increase in profit for fiscal 2026, projecting over $40 million, which reflects a 33.33% increase from the earlier forecast of $30 million [3]

Core Insights - Above Food Ingredients Inc. is undergoing significant corporate changes, including an ongoing audit, restructuring, and a merger with Palm Global, aimed at enhancing shareholder value and operational efficiency [1][5]. Audit Progress - The company has appointed a new auditor with expertise in digital asset tokenization, and the audit is on track for completion with a targeted Form 20F filing by December 12, 2025 [2]. Restructuring Achievements - A comprehensive restructuring program has been implemented, resulting in the elimination of all corporate debt and positioning the company to deliver over $30 million in profit for the fiscal year ending January 31, 2026 [3][7][6]. Merger Integration - The operational relationship with Palm Global has strengthened, with senior executive teams collaborating effectively, which has accelerated the merger process [4][8]. Future Outlook - The company anticipates releasing further announcements regarding key milestones and next steps in the merger process, expressing optimism about long-term value creation for shareholders [5][6].

Core Insights - Above Food Ingredients Inc. has announced a strategic partnership with Palm Global Technologies and its subsidiary Palm Promax Investments LLC, focusing on the adoption of a gold- and mineral-backed stablecoin in Burkina Faso [1][4] - The government of Burkina Faso has pledged up to $8 trillion in gold and mineral assets to support this initiative, marking a significant shift in the country's financial landscape [2][5] Group 1: Partnership and Joint Venture - The partnership was formally announced at the UAE 2030 National Vision event, highlighting the collaboration's strategic importance [3][4] - This joint venture aims to leverage advanced tokenization technologies to mobilize Burkina Faso's mineral wealth, promoting economic growth and innovation [5][6] Group 2: Economic Impact and Development Initiatives - The initiative will enable the transparent quantification and monetization of Burkina Faso's natural resources, positioning the nation as a leader in sovereign digital finance [5][6] - Key sectors targeted for development include mining, infrastructure, agriculture, healthcare, and education, which are expected to benefit from this partnership [8][9] Group 3: Vision and Future Prospects - Burkina Faso's leadership views this agreement as a pivotal moment for the nation, allowing it to take control of its economic destiny through resource tokenization [7][13] - The initiative is seen as the first step in a broader movement among African nations to adopt asset-backed digital currencies, enhancing trade and macroeconomic stability [11][12]

Core Viewpoint - Above Food Ingredients Inc. is progressing with its proposed merger with Palm Global Technologies Limited, with nearly 90% of Palm Global shareholders expressing support for the transaction [1][4][5] Group 1: Merger Details - The merger with Palm Global is expected to unlock long-term shareholder value, with integration efforts already yielding results in trade discussions projected to generate multi-billion-dollar revenues [6] - Palm Global has received unanimous support from nearly 90% of its shareholders for the merger, as confirmed by Chairman Peter Knez [4][5] - The audit by CBIZ CPA is anticipated to be completed within four to six weeks, ahead of the 180-day timeline set by Nasdaq [2][3] Group 2: Financial Implications - Palm Global's 30% stake in Palm Promax Investments is expected to add over $100 billion in net assets to its balance sheet, indicating substantial high-margin revenue potential [9] - The partnership with Promax United positions Palm Global as a leader in stablecoin issuance and central bank digital currency frameworks, with 15 African nations committed to adopting its stablecoin [8] Group 3: Strategic Vision - The merger is seen as a catalyst for value creation, with a focus on the tokenization of real-world assets, which is expected to redefine global finance [10][11] - The company is enhancing its governance by adding influential figures to its board, which is expected to advance its objectives in key markets [12]