Above Food Ingredients confirms January 2026 release of audited 2025 results

Above Food expects to file audited financial results for the fiscal year ended January 31, 2025 before the end of January 2026 and says a significant portion of the audit work is complete with no known audit issues; the company has received a Nasdaq staff determination letter and requested the standard 180‑day extension.

Above Food Ingredients Inc. says it expects to report its audited financial results for the fiscal year ended January 31, 2025 before the end of January 2026. The company reports that most audit work is complete and that there are no known audit issues or disagreements with its auditors. Management attributes the filing timing to the scale and complexity of technical procedures needed to reflect its restructuring. Above Food also says it completed a legacy restructuring in fiscal 2025 and expects strong profitability for the fiscal year ending January 31, 2026. Known details: - The company expects to file audited results on Form 20-F before the end of January 2026. - Above Food says a significant portion of the audit work is already completed and that there are no known audit issues, disagreements, or contentious matters with auditors. - The company has received a Staff Determination Letter from Nasdaq regarding Listing Rule 5250(c)(1) and has requested the customary 180‑day extension, which it says is expected to be reviewed and granted by the Hearings Panel within 30–45 days. - During the fiscal year ended January 31, 2025, Above Food reports it completed a restructuring that included write-offs, clean-ups, and removal of non-core or non-performing assets, and it says the balance sheet is strengthened for the following fiscal year. - Above Food reiterates that it expects to meet or exceed a previously announced profit target for the fiscal year ending January 31, 2026. - The company reports that merger partner Palm Global is informed and supportive, and that the planned merger is expected to proceed to final closing shortly after the filing. Summary: If Above Food files its audited results before the end of January 2026, the company says that will satisfy applicable Nasdaq reporting requirements and pave the way for the next phase of its planned merger with Palm Global. The Nasdaq extension request is expected to be reviewed within 30–45 days, but the company states it expects to regain full compliance well ahead of that period. The company reports a strengthened balance sheet and expects strong profitability for the fiscal year ending January 31, 2026.