Above Food Ingredients Inc.

(NASDAQ:ABVE) shares are trading sharply lower in after-hours trading on Monday.

ABVE shares fell 35.96% to $0.073 in after-hours trading after the company disclosed that Nasdaq had determined to delist its common shares and warrants due to its failure to file audited financial statements and its Annual Report on Form 20-F by the required deadline.

Above Food Ingredients is an agricultural and food technology company that develops plant-based protein ingredients and uses AI-driven seed and crop technology to improve food production.

Nasdaq Delisting Determination The company announced that it received a delisting determination letter from the Nasdaq Hearings Panel.