Indicate by check mark whether the registrant files or will file annual
reports under cover of Form 20-F or Form 40-F.
On March 20, 2026, Above Food Ingredients Inc. (the “Company”)
issued a press release. A copy of the press release is furnished herewith as Exhibit 99.1.
Investors should monitor the Company’s investor relations website,
in addition to press releases, public filings and conference calls and webcasts.
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Exhibit 99.1

Above Food Ingredients Inc. Addresses Market Concerns
Regina, Saskatchewan – March 20, 2026 – Above
Food Ingredients Inc. (Nasdaq: ABVE) (“Above Food” or the “Company”) today issued a statement in response to recent
market speculation and unusual trading activity in its shares.
The Company will provide a comprehensive update on the completion of
the audit of its consolidated financial statements for the fiscal year ended January 31, 2025 (“Fiscal 2025”) and its
related annual report on Form 20-F (the “Form 20-F”) in the week of March 23, 2026.
Recent suggestions and speculation that there have been trades in the
Company’s Securities based upon inside information are categorically false to the full extent of management’s knowledge. Management
and other insiders remain fully committed to the long-term success of Above Food and have not sold, transferred, or otherwise entered
into pledging or hedging arrangements with respect to their holdings of the Company’s shares.
With respect to concerns about a potential delisting, the Company remains
well within the filing extension period that the Nasdaq Hearings Panel has discretion to approve. The Company is working closely with
all relevant stakeholders, including its independent auditor and applicable regulatory authorities, to complete the remaining procedural
steps as efficiently and expeditiously as practicable.
Above Food will continue to monitor market activity and will make further
announcements as appropriate and in accordance with its continuous disclosure obligations.
About Above Food Ingredients Inc.
Above Food Ingredients Inc. (Nasdaq: ABVE ) is an agricultural
and food technology company whose vision is to create a healthier world — breaking the cycle of world hunger, one seed, one field,
and one bite at a time. Above’s robust chain of custody of plant proteins and proprietary seed development capabilities, leverage
the power of artificial intelligence-driven genomics and agronomy, and together with Palm’s financial technologies will help to
break the global cycle of hunger.
Cautionary Statement Regarding Forward-Looking Statements
This press release may contain “forward-looking information”
within the meaning of the United States federal securities laws and applicable Canadian securities laws. These forward-looking statements
generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,”
“intend,” “strategy,” future,” “opportunity,” “plan,” “may,” “should,”
“will,” “could,” “will be,” will continue,” and similar expressions.
Forward-looking statements represent current judgments about possible
future events, including, but not limited to statements regarding expectations or forecasts of business, operations, financial performance,
prospects, and other plans, intentions, expectations, estimates, and beliefs relating to the proposed transaction between Above Food and
Palm Global, such as statements regarding the combined operations and prospects of Above Food and Palm Global, the current and projected
market, growth opportunities and synergies for the combined company, the expected composition of the management and board of directors
of the combined company, the expected trading of the combined company on the Nasdaq, the filing and approval of the Registration Statement
and the Prospectus, and the timing and completion of the proposed transaction, including the satisfaction or waiver of all the required
conditions thereto.
Factors that could cause actual events to differ include, but are not
limited to:
· all
conditions to the proposed transaction being met, including Above Food and Palm Global agreeing to a form of plan of arrangement, as well
as other conditions set forth in the definitive merger agreement;
· the
expected timing of regulatory approvals relating to the proposed transaction, the businesses of Above Food and Palm Global and of the
combined company and product launches of such businesses and companies;
· Above
Food’s inability to file or make effective the Registration Statement or the final Prospectus with the respective regulators;
· Above
Food, Palm Global and the combined company’s compliance with, and changes to, applicable laws and regulations;
· Above
Food and the combined company’s ability to list the common shares of the combined company on Nasdaq;
· the
ability to successfully integrate the businesses of Above Food and Palm Global after the completion of the proposed transaction;
· the
combined company’s ability to achieve the expected benefits from the proposed transaction within the expected time frames or at
all; and
· the
incurrence of unexpected costs, liabilities or delays relating to the proposed transaction.
Forward-looking statements are based on the current expectations of
Above Food's management and are not predictions of actual performance. These forward-looking statements are provided for illustrative
purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, an assurance, a prediction
or a definitive statement of fact or probability. You should carefully consider all of the risks and uncertainties described in the documents
filed by Above Food with the United States Securities and Exchange Commission (“SEC”), which is available on EDGAR at www.sec.gov/edgar.shtml.
There may be additional risks that Above Food presently does not know or that Above Food currently believes are immaterial that could
also cause actual results to differ from those contained in forward-looking statements. In addition, forward-looking statements provide
Above Food’s expectations, plans or forecasts of future events and views as of the date of this communication. Above Food anticipates
that subsequent events and developments will cause Above Food’s assessments to change. However, while Above Food may elect to update
these forward-looking statements in the future, Above Food specifically disclaims any obligation to do so. These forward-looking statements
should not be relied upon as representing Above Food’s assessments as of any date subsequent to the date of this communication.
Nothing herein should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved
or that any of the contemplated results in such forward-looking statements will be achieved. You should not place undue reliance on forward-looking
statements in this communication, which speak only as of the date they are made and are qualified in their entirety by reference to the
cautionary statements herein.
It is possible that the Merger may not occur on the terms provided
herein or in the Merger Agreement, on the expected timing or at all. In the event that the Merger is terminated Above Food may be liable
to pay a termination fee to Palm Global, subject to the precise terms of the Merger Agreement.
Additional Information and Where to Find It:
INVESTORS AND SECURITY HOLDERS OF ABOVE FOOD ARE URGED TO READ THE
DOCUMENTS FILED WITH THE SEC, CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT ABOVE FOOD. Investors
and security holders will be able to obtain free copies of the documents filed with the SEC by Above Food through the website maintained
by the SEC at http://www.sec.gov. Copies of the documents filed with the SEC by Above Food are also available free of charge
on Above Food's website at https://abovefood.com or by contacting Above Food's Investor Relations Department at 2305
Victoria Ave #002, Regina, Saskatchewan, Canada, S4P 0S7.
Contacts
Media: media@abovefood.com
Investors: investors@abovefood.com