Above Food Ingredients Inc. announced on June 6, 2025, that it received formal notification from The Nasdaq Stock Market LLC regarding non-compliance with Listing Rule 5450(b)(3)(C), concerning the minimum market value of publicly held shares. The company confirmed that this condition was met as of May 27, 2025.
Furthermore, Above Food stated that as of May 27, 2025, it also met the requirements for Listing Rules 5810(c)(3)(A) and 5450(a)(1). These rules pertain to other listing standards, including the minimum bid price requirement.
The company is currently awaiting confirmation from Nasdaq for a Compliance Determination. Meeting these compliance requirements is considered a significant milestone, enabling Above Food to continue executing its strategic plan.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.