ABVE
Above Food Ingredients Inc. Common StockABVE
ABVE
About: Above Food Ingredients Inc is a differentiated, regenerative ingredient company. Its products are made with real nutritious, flavorful ingredients and delivered with transparency. Its vision is to create a healthier world one seed, one field, and one bite at a time. With a robust chain of custody of plant proteins, enabled by scaled operations and infrastructure in primary agriculture and processing, and proprietary seed development capabilities that leverage the power of artificial intelligence driven genomics. The company delivers nutritious foods to businesses and consumers with traceability and sustainability. Above Food's consumer products and brands are available in grocers across Canada and the United States.
0
Funds holding %
of 7,407 funds
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Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
8% more capital invested
Capital invested by funds: $35.1K [Q3] → $37.9K (+$2.81K) [Q4]
0.04% more ownership
Funds ownership: 0.22% [Q3] → 0.26% (+0.04%) [Q4]
0% more funds holding
Funds holding: 6 [Q3] → 6 (+0) [Q4]
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Research analyst outlook
We haven’t received any recent analyst ratings for ABVE.
Financial journalist opinion
Based on 3 articles about ABVE published over the past 30 days
Neutral
Newsfile Corp
3 weeks ago
Reporting Requirements
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 of the Company's second quarter. The filing of this 6-K was delayed in order to accommodate the positive impacts the recently announced strategic restructuring and successful fundraise is expected to have on the financial reporting and outlook of the Company.
Neutral
Newsfile Corp
3 weeks ago
Private Placement to Accelerate Growth and Enhance Profitability
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.
Neutral
Newsfile Corp
4 weeks ago
Above Food Group Announces Strategic Restructuring to Accelerate Focus on Agri-Tech and Fin-Tech Sectors
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.
Neutral
Newsfile Corp
1 month ago
Above Food Ingredients Inc. Provides Update on Subsidiary Purely Canada Foods Corp.
Regina, Saskatchewan--(Newsfile Corp. - March 2, 2025) - Above Food Ingredients Inc. (NASDAQ: ABVE) ("AFII" or the "Company"), a differentiated, regenerative ingredient company, announces that the Royal Bank of Canada ("RBC") submitted an application for receivership for Purely Canada Food Corp. ("PCFC"), a subsidiary of Above Food Ingredients Inc. and four affiliated guarantor subsidiaries. PCFC has been operating in a limited capacity over the past six months as the entity has been working with the Canadian Grain Commission to meet relicensing requirements.
Neutral
Newsfile Corp
2 months ago
Above Food Signs LOI to Acquire the Palm Global Group, Unlocking New Frontiers in Agri-Tech, FinTech and Sustainability
Regina, Saskatchewan--(Newsfile Corp. - February 6, 2025) - Above Food Ingredients Inc. (NASDAQ: ABVE) (NASDAQ: ABVE.W), a leader in sustainable, vertically integrated food systems ("Above Food"), has signed a Letter of Intent (LOI) to acquire Palm Global Technologies Ltd. ("Palm Global"), www.palmglobal.ai, a next-generation innovator in technology, sustainability, and global food markets.
Neutral
Newsfile Corp
6 months ago
Above Food Announces Participation at the Centurion One Capital 2nd Annual Bahamas Summit 2024
Regina, Saskatchewan--(Newsfile Corp. - October 16, 2024) - Above Food (NASDAQ: ABVE), an innovative food ingredient company leveraging its vertically integrated supply chain to deliver differentiated ingredients and consumer products, is pleased to announce it will be presenting at the Centurion One Capital 2nd Annual Bahamas Summit, which will be taking place at the exclusive Rosewood Baha Mar Hotel from Tuesday, October 22nd to Wednesday, October 23rd, 2024, in Nassau, Bahamas. Martin Williams, Co-Founder, is scheduled to present on Wednesday, October 23rd at 13:20 EDT.
Neutral
GlobeNewsWire
7 months ago
Above Food Strengthens its Pet Food Ingredient Platform with Recent Montana-Based Asset Acquisition
Acquisition expands Above Food's pet food business to approximately US$110M of combined company revenues on a proforma basis
Neutral
GlobeNewsWire
8 months ago
Above Food's Recent Montana-Based Asset Acquisition Expands Access to High-Growth Pet Food Market and Strengthens Chickpea Market Presence
REGINA, Saskatchewan, Aug. 15, 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, today announced its plans to expand its market share across high-growth sectors, strengthen its North American footprint, and optimize production capabilities in connection with its recent announcement to acquire The Redwood Group, LLC (“TRG”) a Montana-based specialty crop food ingredient division (the “Assets”). The acquisition, which was initially announced on August 9, 2024, was completed for consideration of US$34 million plus working capital, subject to final closing adjustments.
Neutral
GlobeNewsWire
8 months ago
Above Food Announces Strategic Acquisition of The Redwood Group, LLC's Specialty Crop Food Ingredients Division, Representing Significant U.S. Expansion
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”), an innovative food company leveraging its vertically integrated supply chain to deliver differentiated ingredients and consumer products, announces that it has entered into a definitive purchase agreement to acquire the Montana-based Specialty Crop Food Ingredient Division (“Assets”) of The Redwood Group, LLC (“TRG”), for consideration of US$34,000,000 plus working capital, subject to final closing adjustments. Upon the terms and subject to the conditions set forth in the purchase agreement, the consideration payable by the Company in exchange for the Assets will consist of US$8,100,000 in cash and 5,600,000 newly issued common shares of Above Food, subject to final closing adjustments and customary closing conditions.
Neutral
GlobeNewsWire
9 months ago
Above Food Sets Business Update Conference Call for July 25, 2024
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.
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