Above Food shares surge 33.55% after-hours as audit filing on track, merger with Palm Global nears closing.

Above Food Ingredients (ABVE) surged 33.55% in after-hours trading following its announcement to file audited 2025 fiscal results by January 2026, securing compliance with Nasdaq requirements and a 180-day extension. The company emphasized no audit issues, a streamlined balance sheet post-restructuring, and a reaffirmed strong 2026 profit outlook. The disclosure of progress toward a merger with Palm Global, which could unlock value via digital-asset integration and gold-based assets, further fueled optimism. The CEO highlighted completed audit work and constructive auditor relations, reducing regulatory risk. These developments—resolving compliance concerns, confirming profitability, and advancing a high-impact merger—collectively drove the sharp after-hours rally.