Above Food Receives Nasdaq Delisting Notice and Moves to OTC Market
Above Food Ingredients Inc. has received a Nasdaq delisting determination due to failure to file audited financial statements and Form 20-F by the extension deadline. Trading of the company's securities will be suspended on Nasdaq effective June 2, 2026, and will move to the OTC market under symbols ABVEF (common shares) and ABVEWF (warrants). The company is working to file its overdue financial statements and is considering appealing the delisting decision to the Nasdaq Listing and Hearing Review Council. This delisting may materially impact trading liquidity and share prices, making it more difficult for shareholders to buy or sell securities. The company continues to pursue its planned merger with Palm Global while addressing these compliance issues.