Above Food And Bite Acquisition Announce Completion Of Business Combination, To Begin Trading On Nasdaq On July 1, 2024 Under Ticker Symbol "ABVE"
Portfolio Pulse from Benzinga Newsdesk
Above Food Corp. and Bite Acquisition Corp. have completed their business combination. Above Food's common shares and warrants will begin trading on Nasdaq under the ticker symbols 'ABVE' and 'ABVE.W' on July 1, 2024.
June 28, 2024 | 8:10 pm
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NEUTRAL IMPACT
Bite Acquisition Corp. has completed its business combination with Above Food Corp., leading to the new entity trading on Nasdaq under the ticker symbol 'ABVE' starting July 1, 2024.
While the completion of the business combination is a notable event, the impact on Bite Acquisition Corp.'s stock price is neutral as the focus shifts to the new entity trading under 'ABVE'.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Above Food Corp. will begin trading on Nasdaq under the ticker symbol 'ABVE' on July 1, 2024, following the completion of its business combination with Bite Acquisition Corp.
The completion of the business combination and the commencement of trading on Nasdaq is a significant milestone for Above Food Corp., likely to generate investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100