Business
Above Food Ingredients Inc. Meets Compliance Requirements
Above Food Ingredients Inc. (NASDAQ: ABVE) ("the Company"), acknowledges receipt of a formal notification from The Nasdaq Stock Market LLC regarding non-compliance with Listing Rule 5450(b)(3)(C), regarding minimum market value of publicly held shares (PR market value). The company is very pleased that this condition has been met as of May 27, 2025.
About this update from Above Food Ingredients Inc.
[{"type":"text","content":"REGINA, SK, June 6, 2025 /PRNewswire/ - Above Food Ingredients Inc. (NASDAQ: ABVE) ("the Company"), acknowledges receipt of a formal notification from The Nasdaq Stock Market LLC regarding non-compliance with Listing Rule 5450(b)(3)(C), regarding minimum market value of publicly held shares (PR market value). The company is very pleased that this condition has been met as of May 27, 2025.","length":401,"tagName":"p"},{"type":"image","alt":"Above Food Ingredients logo (CNW Group/Above Food Ingredients Inc.)","displaySize":"","headline":null,"caption":"Above Food Ingredients logo (CNW Group/Above Food Ingredients Inc.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":204,"url":"https://media.zenfs.com/en/prnewswire.com/5706787295f5cd1f71e83a96dcde7684"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/j7g.tsnU2CPyia2VXk3HQQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM2MDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/5706787295f5cd1f71e83a96dcde7684","width":400,"height":204}},"href":"https://mma.prnewswire.com/media/2705313/Above_Food_Ingredients_Inc__Above_Food_Ingredients_Inc__Meets_Co.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Furthermore, the Company is very pleased that, as of May 27, 2025, it has met Listing Rules 5810(c)(3)(A) and 5450(a)(1) requirements as well, and the Company is awaiting confirmation from the NASDAQ for Compliance Determination.","length":229,"tagName":"p"},{"type":"text","content":"As of Spring 2025, the Company has made great strides with the restructuring of the operations and its pursuit of maximising shareholder value. Meeting compliance with the NASDAQ listing requirements is another milestone achieved in allowing the company to continue executing on its strategic plan. The Company will continue to inform shareholders of its advancements over the next coming weeks.","length":401,"tagName":"p"},{"type":"text","content":"About Above Food Ingredients Inc.","length":33,"tagName":"p","attribs":{"class":"wcag-arialevel-2"},"className":""},{"type":"text","content":"Above Food Ingredients Inc. (Nasdaq: ABVE ) is an ingredient company that delivers products made with real, nutritious, flavorful ingredients produced with transparency. The Company's vision is to create a healthier world — one seed, one field, and one bit...