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Above Food Ingredients ( (ABVE) ) just unveiled an announcement.
Above Food Ingredients Inc., a company involved in the food and agritech sectors, has announced a transformative merger with Palm Global Technologies Ltd. on July 7, 2025. This merger significantly enhances Above Food’s balance sheet by adding Palm Global’s 30% stake in gold-based assets valued at $350 billion, positioning the company as a leader in asset tokenization and stablecoin issuance. The merger also brings strategic partnerships and leadership changes, including the appointment of His Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum to the board, further strengthening the company’s global influence and operational capabilities.
More about Above Food Ingredients
Average Trading Volume: 14,470,398
Technical Sentiment Signal: Hold
Current Market Cap: $96.24M
For an in-depth examination of ABVE stock, go to TipRanks’ Overview page.