Above Food shares surge 14.23% after-hours after meeting Nasdaq audit filing deadline and advancing merger with Palm Global.

Above Food (ABVE) surged 14.23% in after-hours trading following its announcement that it expects to file audited fiscal 2025 results by January 2026, resolving Nasdaq compliance concerns and paving the way for its merger with Palm Global. The company emphasized completion of a complex restructuring, a streamlined balance sheet, and a forecast of meeting or exceeding FY 2026 profit targets. The merger, anticipated to close shortly after the audit filing, is positioned to unlock significant shareholder value through Palm Global’s digital-asset ecosystem and gold-based assets. The update alleviated regulatory uncertainty and highlighted strategic progress, driving investor optimism.