Above Food Ingredients Business Summary

Above Food Ingredients Inc. (ABVE) operates a vertically integrated "seed-to-fork" platform, generating revenue through the sale of regeneratively grown specialty ingredients and consumer packaged goods (CPG) across global markets. The company’s business model is currently undergoing a transformative pivot following its 2025 merger with Palm Global Technologies, integrating advanced FinTech capabilities such as real-world asset (RWA) tokenization and gold-backed stablecoin issuance. This strategic shift expands its revenue streams to include recurring long-tail income from tokenizing sovereign-owned assets and transaction fees from a proprietary trading platform designed to provide liquidity to agricultural supply chains. Within the competitive landscape, Above Food competes with traditional food processors like Archer Daniels Midland (ADM) and Bunge Global, as well as small-cap peers such as Bridgford Foods (BRID) and Chanson International (CHSN), distinguishing itself through its unique combination of regenerative agriculture traceability and blockchain-driven financial infrastructure. Leadership is spearheaded by Co-Founder and CEO Lionel Kambeitz, a veteran of intergenerational farming in Saskatchewan with deep expertise in agricultural production and ag-tech innovation. He is supported by EVP and CFO Jason Zhao, a Chartered Professional Accountant and former Principal at Virtus Group with a background in international private equity and corporate finance. Following the Palm Global merger, the executive team is set to be joined by Peter Knez, the former Co-CEO of Barclays Global Investors, who brings high-pedigree institutional finance experience to the role of Chairman. The company’s board is notably diverse, featuring His Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum of the Dubai Royal Family and Chief Reginald Bellerose. Major strategic backing has been secured from institutional investors including the Aqua 1 Foundation, which provided a $20 million convertible note investment, and Origin Capital.