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 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].