Above Food Ingredients Inc. (NASDAQ: ABVE) has provided an update on its proposed merger with Palm Global Technologies Limited. Nearly 90% of Palm Global shareholders have expressed their support for the merger, as confirmed in a shareholder letter from Palm Global Chairman, Peter Knez. Integration efforts between the teams have begun, with significant progress in establishing trade discussions expected to yield substantial future revenues. The merger is seen as a significant step towards enhancing shareholder value, with notable figures like His Highness Sheikh Mohammed Bin Maktoum Bin Juma Al Maktoum joining the board to help advance strategic objectives.
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