Above Food Ingredients Inc. announced on April 30, 2025, that it reached agreement on essential terms and conditions for its proposed merger with Palm Global Technologies Ltd. This development advances the transformative acquisition initially announced on February 6, 2025.
The executive management team of Above Food completed its comprehensive review of the proposed merger terms and structure, expressing strong support for this combination. The company's Board of Directors is now advancing the necessary corporate and regulatory approvals to facilitate the completion of definitive documentation.
Above Food's leadership team traveled to the Emirates to conclude final diligence and attended milestone events demonstrating Palm Global's success in its global initiatives. The company believes this merger will create substantial value for shareholders and accelerate its mission of building a more sustainable and inclusive global food system.
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