Above Food Ingredients Inc. is a public company that specializes in the production and distribution of plant-based food products
Through innovative manufacturing processes, the company focuses on creating nutritious and sustainable ingredients aimed at meeting the growing consumer demand for healthier, plant-forward diets. Above Food Ingredients engages in research and development to enhance the nutritional profiles and functionality of its offerings, catering to various sectors within the food industry, including retail, food service, and bulk ingredient supply. With an emphasis on sustainability and health, the company is committed to promoting plant-based eating and reducing the environmental impact of food production.
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REGINA, Saskatchewan, Aug. 20, 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, is pleased to announce that its subsidiary, Discovery Seed Labs, a company with unmatched expertise in seed testing, in collaboration with BASF Canada Inc. (“BASF”), has successfully developed a quantitative molecular assay to detect Group 11 resistance in anthracnose disease affecting lentil crops.
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.
REGINA, Saskatchewan, Aug. 12, 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, is pleased to announce it will be participating in the 44th Annual Canaccord Genuity Growth Conference taking place at the InterContinental Hotel in Boston, Massachusetts on August 13th and August 14th, 2024.
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.
Combination of strategic transactions expected to provide approximately US$16.7 million of incremental capital to fund future growth and to improve net leverage
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.
