Above Food Advances Merger with Palm Global, Expects Over $30 Million Profit

Reuters2025-11-28

Above Food Advances Merger with Palm Global, Expects Over $30 Million Profit

Above Food Ingredients Inc. provided an update on its ongoing merger process with Palm Global, highlighting significant progress in operational integration and strategic alignment between the two companies. Recent meetings between executive teams in the UAE have accelerated the pace of execution, with both organizations collaborating on building operational frameworks, advancing technical integration, and aligning corporate strategies. Above Food reported the successful elimination of corporate debt and projects more than $30 million in profit for the fiscal year ending January 31, 2026, attributing these positive developments to the restructuring efforts undertaken in partnership with Palm Global. The company anticipates further announcements regarding key milestones and next steps in the completion of the merger process in the near future.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Above Food Ingredients Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: CA35104) on November 28, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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