Above Food Ingredients Inc. shares rise 2.40% premarket after Turpaz Industries completes USD 98 million equity offering.

Above Food Ingredients Inc. rose 2.40% in premarket trading. The company's stock price increase may be attributed to the successful completion of an equity offering by Turpaz Industries, a leading global company that develops, manufactures, markets, and sells fragrances, flavor solutions, and specialty fine ingredients. The offering attracted strong demand from leading institutional investors, which could have positively impacted the stock price of Above Food Ingredients Inc.